Imarika Sacco offers a Share Booster Program that allows members to borrow against their shareholdings, even if they haven’t reached the conventional threshold. This innovative program offers a solution to financial limitations and empowers members with endless possibilities. Whether you need a financial boost to start a business, invest in education, or simply need funds, Imarika Sacco has got you covered. With the Share Booster Program, you can access funds without the hassle of meeting strict criteria.
But that’s not all. Imarika Sacco is committed to enhancing the value of your membership by helping you grow your share portfolio. The program offers exclusive investment opportunities, expert financial advice, and tailored strategies to maximize your financial worth.
The Share Booster Program is available to all BOSA and FOSA members. Members can boost their shares to a maximum allowable amount of Ksh 30,000. The boosted amount automatically qualifies for loan eligibility consideration, and the 20% interest on the amount boosted is automatically recovered from the loan proceeds. The Share Booster Program is available only on loan applications.