This product finances full insurance premium for motor vehicle where members take comprehensive insurance cover with an identified insurance company namely: Co-operative Insurance Company (CIC), Madison Insurance or Direct line depending on the type of cover or any other approved insurance underwriter. The features are as follows:

• Facility available to members of Jamii SACCO and operating a FOSA accounts.
• 12 months repayment period.
• Granted at 10% of member deposit.
• Granted based on the member’s ability to pay.
• Interest rate of 13.5% on reducing balance.
• One month grace period.