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Products and Services

Domestics

This is a quick loan meant to solve financial emergency needs and domestic issues of the borrower. It is backed by a borrower’s salary income.
Credit period: 1 day – 30 days
Amounts: Kes 10,000 – Kes 40,000
It is processed within 24 hours of application.

Application requirements
i) Duly filled loan application form
ii) Proof of employment/business income
iii) Copy of Pay slip/bank statement for 1 month
iv) Copy of ID/Passport
v) A guarantor and his/her ID Copy

Terms and conditions apply

Consumer
Loan.

This is a loan given to an individual to enable one attend to personal or family issues. It could also be taken for business activities, household purposes e.t.c. This loan is basically backed by employment or/and business income of the borrower.
Credit period: 1 month – 6 months
Amounts: Kes 20,000 – Kes 200,000
It is processed within 2 days of application.

Application requirements
i) Duly filled loan application form
ii) Proof of employment/business income
iii) Copy of Pay slips/bank statements/mpesa statements for 3 months
iv) Copy of ID/Passport
v) A guarantor and his/her ID Copy

Terms and conditions apply

Micro
Credit

This product is meant to finance small businesses which are already running with small loans. It is meant to boost an entrepreneur’s profits and drive the business into huge profitability. It is backed by employment income and/or business income of the applicant.
Credit period: 1 month – 12 months
Amounts: Kes 50,000 – Kes 300,000
This loan is processed within 3 days of application

Application requirements
i) Duly filled loan application form
ii) Proof of income from employment and/or business
iii) Copy of Pay slips/bank statements/mpesa statements for 3 months
iv) Copy of ID/Passport
v) A guarantor and his/her ID Copy
vi) A collateral/security for the loan

Terms and conditions apply

Venture
Capital

This capital is meant for new business which are about to take off but require capital to enable this happen. The business idea must have the potential of getting products and services into the market with possibilities of sustaining the demand of such products and services in the market in the long term.
Credit period: 1 month – 24 months
Amounts: Kes 250,000 – Kes 750,000
This loan is processed within 5 days of application.

Application requirements
i) Duly filled loan application form
ii) Proof of income from employment and/or business
iii) Copy of Pay slips/bank statements/mpesa statements for 3 months
iv) Copy of ID/Passport
v) A guarantor and his/her ID Copy
vi) A collateral/security for the loan

Terms and conditions apply

Interest Rates and Repayment Schedule

Our Interest Payments are 3.5% p.m and are on a reducing balance basis.

The repayments can take any of the following forms:

  • Amortize the loan i.e. pay the interest due and also part of the principal amount in equal installments during the credit period.
  • Opt to pay the regular monthly interests and also a portion of the principal amount at different intervals during the credit period
  • Opt to pay only interest during the credit period. However, the principal amount must be paid in full by the last day of the credit period
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