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Benefits and products offered by Winas Sacco

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Friday, September 9th, 2022 at 1:48 PM (EAT)

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Benefits and products offered by Winas Sacco

The services and products provided by Winas Sacco can be grouped to two:

a) Back Office Services Activities (BOSA) products

1. Domestic Loan

  • Repayment period of 18 months.

2. Super Loan

  • Meant to assist you to achieve long-term plans
  • Repayment within 72 months.

3. Biashara Loan

  • Must have a business permit or registration document to access this product.

4. Express Loan

  • A top-up of domestic loan
  • Repayment period of 30 months

5. Karibu Loan

  • Suitable for newly employed civil servants
  • Interest rates of 12% p.a.
  • Repayment period of 36 months

6. Normal Loan

  • Repayment period of 36 months
  • Interest rates 12% p.a.

7. Investment Loan

  • Repayment within 60 months

8. Smart Loan

  • Top-up of a normal loan.
  • Repayment within 42 months.

9. Vision 84

  • Product for long-term development with big capital outlay.

10. BOSA Loan Advances

  • This is an apportionment of any back office loan before funds are disbursed. It’s granted to customers with pressing financial needs that can’t wait until a loan is fully approved and all funds disbursed.

11. Bank Loans Buyoffs

  • The Sacco clears customer loans from other banks to relieve them of the expensive burden and high-interest rates.

12. Microcredit Loans

  • A competitively designed group-based/Chama loan for those running small-scale businesses but with growth potential.

13. Kilimo Loan

b) Front Office Services Activities FOSA products

  • Savings Account
  • Fixed Deposit Account
  • Jolly Junior Account
  • Holiday Account
  • Scholars Account
  • Biashara Account
  • Ordinary Salary Advance- Repayable within 4 months
  • Special Salary Advance- Repayable within 8 months
  • FOSA Quick Loan – Repayable within 42 months
  • Emergency Loan- available if salary passes through FOSA.


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