BOSA Loans
Bungoma Teachers' Sacco offers the below BOSA loan options:
NORMAL LOANS
Granted on:
- The 2/3 rule basis
- The period shall be 36 months only.
- The range of the amount applied shall be from kshs. 100,000= to kshs 300,000=
- Maximum ability shall be three times the number of shares
- The colour shall be white - ANTELOPE
NORMAL LOAN PLUS
Granted on:
- The 2/3 rule basis
- The period shall be 48 months only.
- The range of the amount applied shall be from kshs.300,000= to 450,000=
- The colour shall be white-LION
- Maximum ability shall be three times the number of shares
- The minimum share contribution shall be kshs.2500=
SUPERNORMAL LOAN
Granted on:
- The 2/3 rule basis
- The period shall be 60 months only.
- The range of the amount applied shall be from kshs.450,000= to 600,000=
- The minimum share contribution shall be kshs.3000=
- The colour shall be white-ELEPHANT
- Maximum ability shall be four times the number of shares
MAISHA BORA LOAN
Granted on:
- The 2/3 rule basis
- The period shall be 72 months only.
- The range of the amount applied shall be from kshs. 600,000= and above
- The colour shall be white - GIRRAFE
- Maximum ability shall be four times the number of shares
- The minimum share contribution shall be kshs. 3,500
SCHOOL FEES LOAN
Granted on:
- The 2/3 rule basis
- The period shall be 12 months only.
- The maximum amount shall be kshs. 200,000
- The colour shall be green
- Maximum ability shall be three times the number of shares
- The minimum share contribution shall be kshs. 1,500
EMERGENCY LOAN
This loan option shall be granted on:
- The 2/3 rule basis
- The period shall be 12 months only.
- The maximum amount shall be kshs.200,000
- The minimum share contribution shall be kshs. 1,500
- The colour shall be pink
- Maximum ability shall be three times the number of shares