Kite Sacco

FOSA Products

Advance 'A'

Recoverable once.

Eligibility:

  • ¼ of the latest net salary.

Advance 'B'

For a period of 3 months on a reducing balance basis.

Eligibility

  • -¼ of the latest net pay x 3 months.
  • Competent guarantors.

Advance 'C'

Offered for a period of 6 months on a reducing balance

Eligibility:

  • ¼ of the latest net pay x 6 months.
  • -Competent guarantors

M-Kite Loan

Recoverable once.

Cheque Advance

Granted on the value of cheque deposited in the account

Eligibility:

  • 1/3 of the cheques amount.

rescue Loan

Operated for 10-12 months on a reducing balance basis.

Eligibility

  • -¼ of the latest net pay x 10 months
  • Competent guarantors.

Normal Biashara Loan

Offered at a period of 2 years (24 months) on reducing balance.

Eligibility:

  • Shares
  • -Competent guarantors
  • Mostly for re-organization

Jiinue Loan

Offered at a period of 18 months on a reducing balance.

Eligibility

  • Shares
  • Competent guarantors.
  • -¼ of the latest net pay x 18