Kwamua Staff Advance
This is short to medium-term loan for salaried members who channel their salary through the FOSA with a longer repayment period
Requirements
- 3-month month salary
- Maximum amount - Kshs 50,000.00 subject to 2/3 of three months’ salary proceeds
- Repayment period – 3 months
- Between Kshs 20,001- 50,000 repayable in 6 months
- Interest rate - 14%*
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