About BOSA Loan Offered
BOSA Loan Offered
Some of the BOSA loans we offer at Mudete Factory Tea Growers Sacco Society Limited.
School Fees Loan
This is a loan given to member to pay school fees of all kinds.
Emergency Loan
This is a loan given to members to meet emergencies like hospital bills, house fires, court cases etc.
Development Loan
Development loans are designed to help with the building cost of a residential or commercial development project.
Refinance Loan
This occurs when the terms of an existing loan, such as interest rates, payment schedules, or other terms, are revised.
Investment Loan
This loan is given to customers for the purchase of capital goods and services for the rehabilitation, establishment of new businesses.
Micro-Finance Loan
These are small loans given to organized groups to invest in income generating activities e.g dairy farming, horticulture, small business etc.
About FOSA Loan Offered
FOSA Loan Offered
Some of the FOSA loans we offer at Mudete Factory Tea Growers Sacco Society Limited.
Salary Advance
This is a product for salaried members. It's meant to meet emergencies.
Crop Advance
This is a revolving short-term loan that is advanced to a farmer for their working capital needs.
Special Advance
These are loans intended for short-term financing needs, such as paying for inventory or covering expenses until the next payment cycle.
FOSA Loan
This product is suitable for members who have sufficient income/salary but are limited because of less deposits at the Sacco.