The society provide different types of advances:
Given once against loan pending approval.
Maximum is 80% of loan applied.
Interest incurred is 5% of the amount advanced.
Given to members whose salaries goes through Fosa.
Maximum is 80% of actual net received previus month.
Interest is 2% of amount advanced.
Given to members who have deposited cheque but has not yet matured.
Maximum is 80% of cheque value deposited.
Interest incurred is 2% of amount advanced.
Dividends or interest payout.
maximum is 80% of expected dividends or interest.
interest is 5% of amount advanced.
Dhahabu/shaba deposits Advance
Maturity of Resignation (60 days).
Maximum 50% of expected deposits refund.
Interest is 5% of amount advanced.