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New M-Hasibu Pro App — download on Play Store & App Store
Products Instant Rahisi Loan up to KES 1M — apply via portal
Open Membership now open to all Kenyans and the Diaspora
USSD Bank on the go with *657#

Home / Products / FOSA / Business Loan (Biashara)

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Business Loan (FOSA Biashara)

FOSA Biashara Loan

The FOSA Biashara Loan is a business loan tailored for corporate members who have kept active, consistent transactions in their Sacco current account.

Rate1% p.m.
Repay over36 months
Interest rate1% per month
Repayment periodUp to 36 months
Processing fee1% one-off, deducted upfront

Eligibility and requirements

  • Transaction history: your business income and proceeds must have passed through the Sacco for at least 6 months, and must keep flowing consistently for the whole loan period.
  • Deposit contribution: you must have saved at least 10% of the loan amount as deposit contributions.
  • Security: the loan must be fully secured through acceptable collateral or free deposits.
Bank anywhere. No paperwork.Join online, then manage everything from your phone or computer.
Need help choosing?Call 020 514 1900 or email info@mhasibusacco.com