SASA Account
- Minimum operating balance is Ksh.500/= only.
- 2 Passport photos taken at FOSA.
- I.D copy and PIN Certificate attached to entrance form.
- Fill next of Kin Nominee form.
- Salary account qualifies for FOSA advances and loans.
- Alerts on Account transaction by SMS - Mobile phone.
- Can withdraw money any time anywhere using SACCO Link ATM, M-banking service M-PESA and POS.
Group/Joint Account
- Copies of signatories Identify cards.
- Passport size photo(s) of signatories taken at FOSA.
- Fill specimen signature card
- Certified copy of minutes resolving to open an account in FOSA.
- Copy of registration certificate and PIN, tax compliance and VAT certificate.
Fixed Deposit Account
- Any amount above Ksh.20,000/= can be fixed
- No ledger fees, No transactional charges.
- Fixed Deposit Certificate issued, which can be used as lien for loans and Advances
- Revoking of FDR before maturity leads to loss of interest.
- Interest Rates range from 10% -12% depending on Amount Fixed.
Boresha Mzinga Juniour Account
- Opening is free of charge – operating Balance ksh. 1,000/=
- Minimum Savings – Kshs.500/= per month - Attractive interest rate per year
- Withdrawals restricted to three (3) in a year.
- Account managed by parents/guardians with full identification.
- Home Banks/ piggy Banks is given on opening Account.
- Gives parents an opportunity to save for their children any amount at any time
- Savings culture is imparted to the children at an early age
- Boresha mZinga Junior Fun days provide an opportunity for children to learn more from each other and sponsored lectures/events
Seasons Savings Account
- Requirements to operate; Fill application form, Id copy and 2 passport photos.
- Savings can be done though cash deposits ot Standing Orders
- Minimum Account balance to earn interest Kshs. 3,000/=
- No withdrawal until maturity of the season/time set for event
- Achievement of intended Purpose e.g. going on holiday, celebrations or
- Seasonal obligations is achieved without straining or going for loan
- Flexible savings plan with attractive interest
- Savings can be used to secure credit facility.