Members contribute a minimum of K2,000 every month. Interest on member savings is 3% per annum. Interest is earned monthly. Member Savings are withdrawable at any time.

Fixed deposit: Members can opt to invest in Fixed Deposit Account. Minimum deposit is K15,000. Interest rate is 7.5% per annum and maturity period is 6 months. A member can increase his/her savings in the course of the stipulated period. There are no charges attached.

School Fees Account: Members can invest in readiness for school fees. Minimum deposit is K10,000. Interest rate is 7% per annum and maturity period is 3 months, 6 months and 12 months. A member can increase his/her savings in the course of stipulated period. There are no charges attached.

Holiday Account: Members can plan for holiday by saving in advance for the trip. Minimum deposit is K10,000. Interest rate is 7% per annum and maturity period is 3 Months, 6 months and 12 months. A member can increase his/her savings in the course of stipulated period. There are no charges attached.

Advance: Payable in a month (30 days). Interest rate, 20% per month. No loan processing fees. No loan premium fees.

Short Term Loans: Payable 3, 6, 9 or 12 Months. Interest rate, 34 to 36% per annum. Loan processing fees, 2% of the loaned amount. Loan premium, 3% of the loaned amount.

• Material Loans: A member-driven loan product (fertilizer or other, upon member demand). Payable: 4 Months. Interest rate, 34% per annum. Loan processing fees, 2% of the loaned amount. Loan premium, 3% of the loaned amount.
• Zatheka Loan: Attracts loan processing fees and loan form charge; maximum repayment period is 12 months; interest is charged at 34% per annum; given to members only, who must have capacity to repay through payroll only.
• Yabooka Loan: A non-member loan given to any employee of Alliance One and PYXUS, and employees of companies in agreement with Fodya SACCO to administer its deductions. Maximum repayment period is 6 months; attracts loan processing fees, loan form charge, and an annual interest of 36%. Maximum loan is K1,000,000.00, and the applicant must have capacity to repay through payroll only.
• School Fees Loan: Payable in 4 months. Interest rate, 30% per annum. No loan processing fees. No loan premium fees.

Long Term Loans: Payable 18, 24 or 36 Months. Interest rate, 34% per annum. Loan processing fees, 2% of the loaned amount. Loan premium, 3% of the loaned amount.

The product is aimed at offering skills in budgeting, investing, borrowing and personal financial management — the ability to use knowledge and skills to manage personal financial resources effectively for a lifetime. It enables financial decision-making and effective management of money and debt.

A member has to know the lending rate before borrowing, along with charges, fees and penalties attached to the loan. Loan management is beneficial to a member: he/she has to borrow for a purpose, not consumption — something that can bring a return. Personal credit worthiness is the capacity to repay within the stipulated period. Reward on member investment: shares and savings earn dividend and interest on member savings respectively.