BOSA Loans
At Tabasuri DT Sacco, we understand that our members have diverse financial needs. Our BOSA (Back Office Service Activity) Loans offer affordable, flexible, and easily accessible credit solutions tailored to support different financial goals. Loan eligibility is determined based on a member’s savings, repayment capacity, and security provided.
Development/Jiinue Loan
This loan is designed to help members boost their financial stability by providing funds for business expansion, property acquisition, or personal development projects.
- Members can borrow up to 3 times their total deposits.
- Repayment is structured over a maximum period of 60 months, making it manageable and affordable.
To qualify for this loan, members must meet the following criteria:
- Active membership for the last six months.
- Provide the latest payslip or bank statement as proof of income.
- Meet the 1/3 rule principle, where applicable.
- Provide security in the form of guarantors or alternative collateral such as assets.
Emergency Loan
Life is unpredictable, and unexpected expenses can arise at any time. Our Emergency Loan provides quick financial assistance to members in urgent situations, such as medical bills, unforeseen repairs, or family emergencies.
- Eligible members can borrow up to 3 times their deposits.
- The loan is repayable within 12 months, ensuring a short-term financial boost without long-term debt.
To qualify for this loan, members must meet the following criteria:
- Active membership for the last six months.
- Provide the latest payslip or bank statement as proof of income.
- Meet the 1/3 rule principle, where applicable.
- Provide security in the form of guarantors or alternative collateral such as assets.
Higher Education Loan
Education is an essential investment, and our Higher Education Loan is designed to support members or their dependents in pursuing further studies without financial strain.
- Members can borrow up to 3 times their deposits.
- The loan has a repayment period of up to 24 months, making it a convenient option for financing tuition fees and other educational expenses.
To qualify for this loan, members must meet the following criteria:
- Active membership for the last six months.
- Provide the latest payslip or bank statement as proof of income.
- Meet the 1/3 rule principle, where applicable.
- Provide security in the form of guarantors or alternative collateral such as assets.
School Fees Loan
Our School Fees Loan is tailored for parents and guardians looking for a hassle-free way to pay school fees for their children. Whether for primary, secondary, or college education, this loan ensures smooth learning without financial disruptions.
- Members can access up to 3 times their deposits.
- The loan is repayable within 12 months, aligning with the school calendar for easy planning.
To qualify for this loan, members must meet the following criteria:
- Active membership for the last six months.
- Provide the latest payslip or bank statement as proof of income.
- Meet the 1/3 rule principle, where applicable.
- Provide security in the form of guarantors or alternative collateral such as assets.
Limitless Loan
For members seeking quick, short-term financing for any personal or business needs, the Limitless Loan provides an easy and convenient solution.
- Borrow up to 3 times your deposits.
- Enjoy a flexible repayment period of up to 12 months.
To qualify for this loan, members must meet the following criteria:
- Active membership for the last six months.
- Provide the latest payslip or bank statement as proof of income.
- Meet the 1/3 rule principle, where applicable.
- Provide security in the form of guarantors or alternative collateral such as assets.
Refinancing Loan
If you have an existing loan and need additional funds or better repayment terms, our Refinancing Loan allows you to restructure your current loan while accessing extra credit.
- Members can borrow up to 3 times their deposits.
- The loan is repayable within 48 months, making it an excellent option for financial relief and long-term planning.
To qualify for this loan, members must meet the following criteria:
- Active membership for the last six months.
- Provide the latest payslip or bank statement as proof of income.
- Meet the 1/3 rule principle, where applicable.
- Provide security in the form of guarantors or alternative collateral such as assets.
Micro-Finance Loan
The Micro-Finance Loan is specifically tailored for registered groups looking to access credit for small-scale businesses and income-generating activities. This loan is structured to promote financial inclusion by offering flexible credit options with manageable repayment terms.
Key Features:
- Available to all officially registered groups, enabling collective financial growth.
- Members can access loans of up to four times their savings after eight weeks of active contributions.
- The minimum weekly contribution required is Ksh. 435, ensuring a consistent saving and borrowing culture.
- Loan repayment is structured over a maximum period of 24 months, with favorable interest rates, making it affordable and sustainable.
This loan is perfect for chamas, self-help groups, and small business owners seeking financial support to expand their businesses, invest in stock, or fund new projects.
Asset Financing/Jipambe Loan
The Asset Financing/Jipambe Loan is designed to empower members by providing funding for the purchase of valuable assets, such as motor vehicles, machinery, equipment, and other high-value investments. This loan ensures that members can acquire assets without straining their finances, allowing them to grow both personally and professionally.
Key Features:
- Available to all active members who have consistently contributed to their savings.
- Requires at least six months of deposit contributions to qualify.
- Members can borrow up to three times their savings deposits, making asset acquisition more accessible.
- The member is required to finance 30% of the asset’s total cost, ensuring a shared financial commitment.
- Security for the loan is provided in the form of guarantors and/or other valuable assets.
This loan is ideal for members looking to upgrade their lifestyle, boost their businesses, or invest in essential equipment while enjoying affordable repayment terms.
At Tabasuri DT Sacco, we understand that our members have diverse financial needs. Our BOSA (Back Office Service Activity) Loans offer affordable, flexible, and easily accessible credit solutions tailored to support different financial goals. Loan eligibility is determined based on a member’s savings, repayment capacity, and security provided.