Group Lending

We offer loans to members of legally registered self help groups of 15-25 members who wish to start or grow income generating projects but are limited by lack of capital.

Biashara Taratibu (Business Loans)

 Benefits:  Requirements:
  • Repayment period - first cycle 3-12 months and subsequent cycles 3-18 months.
  • Monthly/ fortnightly or weekly repayments depending on appraisal.
  • Loan amounts of Kshs. 5,000 - 300,000.
  • Ongoing training on business success.
No security needed.
  • National ID, PIN certificate, copy of utility bill, 2 recent passport photos.
  • Be a member of a registered group of between 15-25 members.
  • Been in business for at least one year.

 

 

Jiendeleze (Individual Loans)

 Benefits:  Requirements:
  • Target market are existing group customers for at least 2 years with good credit history.
  • Loan amount upto twice the last loan serviced.
  • Loan amounts of Kshs. 300,000 and above.
  • Borrowing period is up to 36 months.
  • Must have serviced 3 Biashara Taratibu loans well.
  • National ID, PIN certificate, copy of utility bill, 2 passport pictures.
  • Be a member of a registered group of between 15-25 members.
  • Proof of business idea or existence by way of a business plan.

 


Usomi (Education Loans)

 Benefits:  Requirements:
  • Fees payment for self or dependants paid directly to the institution.
  • Targeting existing group customers.
  • Period is 3-12 months.
  • Loan amounts Kshs. 5,000 - 100,000
  • Evidence of fees to be paid (fee structure, invoice, etc)
  • National ID, PIN certificate, copy of utility bill, 2 recent passport photos.
  • Be a member of a registered group of between 15-25 members.

 

 

Mazao (Agricultural Loans)

 Benefits:  Requirements:
  • Funds all activities associated with crop and livestock farming.
  • Targeting existing group customers.
  • Period is for 3-12 months.
  • Loan amounts Kshs. 5,000 - 300,000
  • Periodic repayment depending on farming cycle.
  • Evidence of farming activity.
  • National ID, PIN certificate, copy of utility bill, two passport photos.
  • Be a member of a registered group of between 15-25 members

 

 

Nyuma Sasa (Low Cost Housing Loans)

 Benefits:  Requirements:
  • Financing low cost housing for businesses or residential purposes.
  • Targeting existing group customers.
  • Borrowing period is up to 60 months.
  • Loan amount Kshs. 50,000 - 1,000,000.
  • Monthly repayment.
  • Proof of possession or ownership of land.
  • National ID, PIN certificate, copy of utility bill, two passport photos.
  • Be a member of a registered group of between 15-25 members.