BOSA Loans

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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
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