AEA Plaza, Valley Road
+254 709 136 000
Mon - Fri 08.00 - 05.00

Salary Advance is a special cash advance facility based on salary. It is available to all members who channel their pay via FOSA. The product is designed to meet one’s short-term financial needs. Whereas one had to apply for the advance and submit together with a current pay slip, the facility is now a mobile based loan applied and disbursed through the Kimisitu mobile banking platform.

Product Features

  • 80% of net salary graduated up to a maximum loan amount of KSh.500,000
  • Tenor-maximum 4 months
  • Interest Rate: 6% one off deducted upfront
  • Security: Salary

Requirements

  • Salary is processed through the FOSA Savings account

Our Mission

To empower members economically by providing quality financial services through prudent mobilization of resources and excellent customer care.

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