Business Loans

“Start small & progressively grow bigger.”

This is a short-term business loan targeting micro business enterprises in need of flexible financing. These Business Loans have flexible repayments and can be used to restock businesses, purchase business assets like; motor vehicles, motor cycles, grinding mills and other equipment. In addition, they can be used to pay taxes, rent and other business utilities.

  • Minimum of 100,000 and max of 50M
  • Interest charged on reducing balance
  • Loan period up to 24 months
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Dreams to reality

PRODUCT FEATURES

  • Minimum of 100,000 and max of 50M
  • Interest charged on reducing balance
  • Loan period up to 24 months

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REQUIREMENTS

  • Loan application and appraisal form completed
  • 2 guarantors with copy of IDs
  • Inspection of collateral
  • Proof of ownership of business and on-going business activity
  • Payment of processing fees
  • Post-dated cheques can be used where necessary

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BENEFITS

  • Affordable for low-income earners
  • Informal loan security accepted
  • Fast and easiest way to access business funds.

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