Business Loan (Group)
"Together we achieve more"
- A loan that targets Groups with a membership of 5-30 adult business persons.
- Loan amount of up to Shs. 3 Million per member in a group.
- Repayment period of up to 12 months.
- Repayment frequency is monthly, bi-monthly, and weekly depending on the client’s choice.
- Achieve business growth a lot faster and easier.
- No collateral required.
- Group cohesion and teamwork.
- Flexible repayment terms.
- Freedom to choose the Loan amount required.
- Reducing balance method of calculating interest.
- Faster turnaround time to process the loan.
- A member can access a repeat loan without having to wait for other members to complete their loans.
Business Loan (Individual)
"Take your business to a higher level"
- A business loan for individuals owning businesses that have existed for 6 months.
- Loan sizes of up to Shs. 20Million (first cycle) and 40 Million (after the first cycle).
- Loan term of up to 12 months.
- Bigger loan amounts of up to Shs. 40 Million (After first cycle).
- Flexible monthly repayments up to 12 months.
- Supports bigger business ideas.
- Achieve the desired business goals much easier.
- Less interest burden with our reducing balance method.