Maridadi business loans facility - Equity bank

Maridadi Business credit facility was developed just this week, to specifically cater for the entrepreneurs in the creative industry. 'Maridadi' is a Swahili word meaning being stylish.Its then clear that this credit solution targets the fashion industry.

With the tagline 'scaling up the creative industry', this Equity Bank's brand new loan facility targets all businesses in the textile and clothing line of the Kenyan economy.

Maridadi Business loan features.

• The loan amount that borrowers can apply for ranges from kes5000 to kes100,000,000.
• The loan caters for working capital purposes.
• In association with the designers board,beneficiaries will get financial and entrepreneurship trainings.
• Beneficiaries will get exposure through various local and global platforms where they'll easily market their designs

Fashion designers,tailors and all people along the Textile and Clothing value chain with existing businesses can take advantage of maridadi business loan facility from Equity bank.

Maridadi business Benefits.
Loan beneficiaries will enjoy the following;

1. A business loan of up to kes100million
2. Business property insurance
3. Business advisory
4. Finance and entrepreneurship trainings.

To get started, visit any Equity bank branch near you.

Home loan givers in Kenya

Where can I get a house loan.Who gives mortgage loans in kenya.There are many home loan service providers in Kenya that can finance up to 100per cent the value of the house. Commercial banks like KCB,Equity and Barclay's seem to be at the forefront in implementing easy acquisition of homes,but today, we want to list financiers that solely deal in mortgage financing in kenya.

The most common mortgage plans in kenya include; home buying, home construction, house renovation and buying plots.Houses purchased can be home dwellings, residential rental houses,office blocks or shop or business stalls.

Why visit these 'mortgage only' lenders?Its because, their interest rates are friendly low and they are specialists in the housing industry.

Housing Finance Group (HF Group).

Housing Finance is the main mortgage solution provider in Kenya and the East African region.HF provide loans to both individuals and businesses for the purpose of house purchasing, house buying and  plots buying.Read more on our post about Housing Finance Kenya


National Housing Corporation (NHC).

NHC  is a statutory body formed by a an act of Parliament to implement the government housing policies and programmes.

NHC has many duties concerning housing in kenya.The body constructs housing blocks,sales housing blocks,rents housing blocks and provide house loans to rural and peri-rural individuals wishing to construct permanent households.

House loan borrowers can apply up to a maximum of kes3000000 to finance the construction of permanent dwelling houses.The maximum loan repayment period is up to 10 years.

To find out more,contact NHC on;0724256403 or 0735993030


KUSCCO Lmited.

Kenya Union of Savings and Credit Cooperative (KUSCCO)Limited provide mortgage loans to sacco members and Saccos themselves.

House loan borrowers can apply for financing of the cost of a plot,a ready built house or the house construction.Just like Housing finance and NHC, the buildings financed through the mortgage loan can be used as dwelling homes rental residential houses,shopping stalls or office blocks.

To find out more,call 0722206331 or 0734899974

If we left any 'mortgage only' financial institution, drop a comment.Thanks.

Juhudi Kilimo - Investing in Farmers, Transforming lives

Juhudi Kilimo is an agribusiness asset based loans lender,technical and finance training provider to the Kenyan smallholder farmers.

The lender moved from providing convectional micro loans to providing asset based loans in order to rescue farmers from sinking deep into the debt pit.The assets provided generate quick income enabling the farmers to pay for their loans within time.Juhudi Kilimo takes care of both crop and animal cultivators.

Through its tremendous initiative in changing smallholder farmers lives,Juhudi Kilimo have received enormous financial support from world financial institutions like;Ford Foundation,Acumen,Kiva,Deutsche Bank,Safaricom,AMSCO,Grameen Foundation, Rockefeller Foundation,SEDF and ResponsAbility,

The assets that the agribusiness lender provides include but not limited to;

FARMING EQUIPMENT Milk pans, chaff cutters and cooling units for dairy production Irrigation for growing crops Water tanks Green houses Solar devices Bio gas plants Posho mills Tractors Motorcycles Bicycles Trucks

The kind of animals that Juhudi Kilimo prefer participating farmers to keep include but not limited to;
FARM ANIMALS;
Dairy Cows
Pigs
Goats
Poultry
Rabbits

Contacts.
Small scale farmers wishing to join Juhudi kilimo as beneficiaries can contact the nearest center from the table below.

Branch	Address	Contact
Head Quarters	The Priory Place, 2nd Floor, Argwings Kodhek Road, P O Box 25441-00100, Nairobi	0715 446614
Bomet	Opposite NCPB Bomet	0718 801314
Bungoma	Hibho plaza	0707 798703
Chuka	Opposite Legacy Hotel	0718 801485
Eldoret	Tabain Plaza, 1st Floor	0703 128771
Kapsowar	West Corner next to NCPB depot	0716 708791
Kenyenya	Furaha Flats Kenyenya	0716 708821
Kericho	Ark Plaza, 3rd floor	0716 652426
Kerugoya	Next to Machere driving school	0706 920123
Kilgoris	Opposite KCB	0706 920123
Kisii	Umoja Elimu Centre Ist floor room 6 and 7	0718 801507
Kitale	D- Meinsuria Building	0716 651942
Lelan	Kapsain Community Centre	0716 708837
Litein	Litron Centre Litein	0703 129012
Molo	Nehema Plaza, Molo	0703 128693
Nandi Hills	Next to Postbank off Market Street	0716 651913
Ndaragwa	Next to Ndaragwa dispensary along Nyeri – Nyahururu Highway.	0718 120817
Nkubu	Jasho House, 1st Floor Nkubu	0716 652315
Nyamira	Gideon Mecha Complex, Nyamira	0716 651895
Siongiroi	Siongiroi Teachers Housing	0718 801989
Thika	Imara plaza hardware building Mezzanine floor	0716 651939

Housing Finance - Turning Dreams into Homes

Housing Finance (HF)is the country's largest mortgage finance provider.Housing finance kenya ,now Housing Finance group provides home loan solutions to individuals,SMEs and Corporates in kenya.HF group consists of other subsidiaries including; HF Insurance Agency, HF Development and Investment and Housing Finance Foundation.

Loan Products.
The lender provide mostly house loan solutions.There are other credit solutions those catering for business and individual credit needs.

• Mortgages include; makao,home owners mortgages, cyclical mortgages, Vuna Hela,home freedom mortgages, employer's sponsored schemes, cell mortgage and ezesha mortgage.
• Project Financing; for example ,property improvements, single dwelling development and multi dwelling development.
• Other loan products include;asset finance, SME business loan,unsecured loan,microcredit loan and sola pawa.

Contacts.
Housing finance can be reached at through;

• 0722715256
• 0722708660
• 0722201175
• 0733617682

ABC Bank - African Banking Corporation

African Banking Corporation, abbreviated as ABC bank is one of the middle sized Kenyan native bank under the CBK regulations.The lender is a sister company to ABC Capital and ABC Insurance all under the ABC Group.

ABC bank provide banking and finance services to SMEs ,Corporates and individuals both in Kenyan and the diaspora.Customers enjoy mobile banking services,money transfer services ,forex services, Internet banking services and credit services.

Loans.
The bank provide lending services to all its clients including non account holders.Loan facilities include;

• Term loans- secured and unsecured short and long term loans.
• Overdrafts.
• Asset finance.
• Trade finance.
• Supply chain financing-invoice discounting, bank guarantees& letters of credits.
• Mortgages-normal residential home loan,construction loan & land purchasing.

Contacts.
To find out more,contact ABC bank on ;0701700700

Energy loan products and financiers in kenya

Energy loans are credit arrangements by lenders and or energy solution companies to offer energy equipments to Kenyans .The energy solutions can be provision of  improvised cooking stoves,biogas,solar lighting systems or connection to electricity lines.

In Kenya, majority of the citizens live in the rural areas where these energy assets are commonly scarce or absolutely absent.As Loans Kenya,we have listed some of the companies that can give energy loans.See if you can get help from them.

Equity Bank
The Equity bank provide the following energy credit solutions;

• Stima  loan- in partnership with Kenya Power and Lighting Corporation (KPLC),the bank gives loans to clients looking for electricity connection.
• Jikokoa loan- in partnership with Burn Manufacturing, the lender gives loans to enable customers to get the improvised cooking stoves dubbed 'jikokoa'.
• Hashi Gas Financing- The bank gives loans to enable its clients get Hash Gas cylinders.
• Chloride Exide Battery - in partnership with Chloride Exude,Equity bank give a credit plan to enable customers to get car batteries.
• Orb Energy loans- the bank in partnership with Orb Energy enables borrowers to get solar panels and heaters on credit.

Safaricom.
Safaricom in partnership with M-kopa Solar,gives out Solar kits on credit.Payments is done through the phone in form of m-pesa.The latest m-kopa solar kit is the M-kopa solar 4.

Zawadisha.
Zawadisha gives out solar lamps and modern cooking stoves on credit.

TakaMoto Boigas.
They provide biogas solutions on credit. Call them on 0738689788.

KWFT.
The Kenya Women Finance Trust MFB provides three energy loan facilities. They include ;Stima Loan,LPG Gas loan and Biogas loan.

Jamii Bora Bank
Jamii Bora MFB provide Stima Loan.

PowerGen Renewable Energy.
This energy company provide solar panels and batteries on credit arrangements.

MicroEnergy credits.
Through the Equity bank,MicroEnergy credits provide solar panels ,water heaters and modern cooking stoves on credit terms.

Eco Zoom.
This energy company provides portable wood burning rocket stoves on credit arrangements.

One Degree Solar.
One Degree Solar provide solar panels on credit terms.Reach them on 0725988021 or send a free SMS to 20181.

Barefoot power.
Barefoot power gives solar kits on credit.

Housing finance .
Housing finance kenya provide solar heaters on credit .

The list is not exhausted. If we left out any ,give us the name.

Credit Bank Limited - My Friend, My Bank

Credit Bank Limited is a savings and lending banking services provider in kenya licensed by the Central Bank of Kenya (CBK).Through its subsidiary 'Bancassurance', the lender also provide insurance solutions to the Kenyan population.

Credit Solutions
Credit bank provide; Asset financing solutions,Trade finance and Term loans to both individuals and businesses in Kenya. Term loans are tailor made short & long term loans and include; personal loans,business loans and salary advances.

Insurance Policies
Through Bancassurance, Credit Bank provides the following insurance solutions;

• Motor insurance(private/public/commercial)
• Motorcycle insurance
• Fire and perils insurance
• Burglary policy cover
• Domestic insurance policy
• Goods in transit policy cover
• Insured debit card
• All risk insurance.

Credit Bank Contacts.
If you wish to contact Credit Bank offices, call;

• 0709 702 000
• 0738 222 300

Fit-Xpress Kenya Limited

Fit-Xpress Limited is a broad spectrum financial company in Nairobi Kenya found inside the Nakumatt Mega.It provides a wide range of financial solutions including loans,real estate services,travel services and insurance covers.As Loans Kenya Blog,we are going to focus on the loans and insurance services the institution is providing.

Loan Products.
Fit-Xpress is ideal for quick, short term loans to nairobians.The lender has a short loan processing period and provide the following loan packages;

• Car logbook loans
• Insurance Premium finance loans
• Asset finance loans.

Insurance packages.
Fit-Xpress covers both individuals and business against a wide range of situations. The insurer provide the following insurance covers;

• Motor protect
• Home protect
• Life protect
• Travel protect
• Income protect
• Business protect
• Pet protect
• Funeral protect
• Pension protect
• Sports protect 
• Health protect

Contacts.
Fit-Xpress is located inside Nakumatt Mega, along Uhuru Highway in Nairobi.
Call;0717100187

Fast Cash Loans Around Nairobi,Kenya

Kes1000 notes

Where can I get fast cash loans in Nairobi?Who can give quick loans in Nairobi city?These are some of the questions we receive from our blog visitors every now and then.We came up with a list of the fast personal loan lenders based in the city.These financial service providers give out loans within minutes or just within hours.The list is just a random one.To find out more details about these lenders and others visit our Lenders Page .For those who like to apply for loans using their mobile phone,read Mobile loans in kenya.

Fairdeal for Cash.
Fairdeal for cash give out loans against items or goods as collateral.It gives loans of up to 60% the value of the item presented.Contact them on;0722169168 or 0736161339

Odyssey Capital.
This lender gives out quick loans for various purposes for example, school fees and loans to purchase mobile phones.Contact this financier on;0791510501

Mombo Investment Limited.
Mombo investment gives out salary advances and personal asset loans popularly loans against goods.They also give car logbook loans.Contact office through; 0706503230

Real People EA.
Real People is a non deposit taking micro lender.Its a financial services company that lends quick cash to both individuals and businesses. Real People targets mostly civil servants looking for emergency loans.Contacts ;0732168200

Platinum Credit Kenya.
Platinum Credit provide quick loans mostly to civil servants but they also give credit services to other kenyans.The loan applications are processed within 24 hours.They give asset financing services and loans against logbooks.Platinum Credit can be contacted through;07099009000

Kopa Loan Na Bonga Points.
This is a new era lending services provider.The lender gives loans against your safaricom bongs points as security.You present bonga points ,you walk away with cash on the spot.Contact this lender on;0724025633

Meridian Acceptances.
Meridian Acceptances specialises in giving out loans against logbooks. The lender gives out cash up to 50% the value of your vehicle. Call Meridian Acceptances on;0704444888

Sasa Credit
Sasa Credit is a new kid on the bloc.The lender mostly accepts loan applications submitted online.They are quick to respond and deliver cash within hours.Call Sasa Credit through;0708401555

Izwe Loans.
Just like Platinum Credit and Real People, Izwe Loans is a non deposit taking micro financier.The lender specialises in lending services only mostly target civil servants but also some other categories of employees.Call Izwe Loans on;0729400600 or 0734400600

Samchi.
Samchi disburse loans within 24hours.The lender gives out short term loans and loans against logbooks.Samchi prefers mostly people who do business.Contact Samchi on ;0708777770

There are still other fast emergency loan providers in Nairobi.Check the above lenders fast and see if you will not get the financial help you wanted.Mentioning other fast cash givers we overlooked, will be appreciated.Thanks.

I&M Bank Kenya Limited

I&M Bank branch

I&M Bank limited is one among the over 40 commercial banks lincesed by the CBK to serve the kenyan population.The Nairobi Securities Exachange listed lender is a subsidiary of the I&M Holdings Limited and with over 30 bank branches in Kenya apart from its presence in other East African countries.

I&M Bank is one of the few banks allowing multi currency transactions at anytime and at any branch.

Credit Products.

The lenders provide banking and lending services to both individuals and corporates. Personal loan products are mostly tailor made to suit the customer's needs.Available example of personal loan products though include; Car Finance and Home Loans(Set up home loans).

Business loans are also tailor made.Businesses with accounts at the bank can access overdraft services and term loans.

I&M Bank Contacts.

I&M Bank headquarters in Nairobi has a 24 hour call centre to serve customers anytime.For any enquiries call; 

+254 719 088 000, +254 732 100 000, +254 753 221 000

Fidelity Commercial Bank kenya -Here to Serve

Fidelity Bank Kenya

Formerly Fidelity Finance,Fidelity Commercial Bank of kenya is one of the CBK licensed banking institutions serving Kenyans.The lender provide financial services to both individuals and businesses.Fidelity has a wide coverage in Kenya and East Africa at large.

Credit Services.

• Personal and business loans
• Overdrafts
• Asset finance
• Insurance premium finance
• Trade finance
• Invoice finance
• Bank guarantee& bill bonds.

Contacts.
Call headquarters on 0722 372 531

Item loans at Fairdeals for cash

'Fairdeals for Cash' gives instant loans against items within 10minutes to 20minutes of goods presentation in Nairobi Kenya.Items must be valuable with a good resale value.

The Mfangano Street located company also buys and sales secondhand items.The amount of the loan that one can get can be up to 60 percent the value of the asset presented.

The quick cash lender accepts varied kinds of assets including but not limited to ;

• Household Appliances
• Music instruments
• Household entertainment items
• Power tools
• ICT gadgets
• Jewelry
• Logbooks
• Land Title deeds
• Shares

Note;Goods to be presented should be goods that you can do without.

Contacts;
0722 169 168
Or 0736 161 339

Fairdeals for cash items accepted

Sidian bank car loans in kenya

Car model

If you are looking for a car loan especially for taxi puporse,then Sidian bank car financing can be the right choice.Uber car drivers are the main target of this loan facility provided by the lender.

Loan Properties
The maximum loan amount that a borrower can apply for is ksh1.5 million.The interest rate is the lowest in history at 10.5 percent per annum.The repayment duration is within three years.

However, the above conditions apply to Uber Car drivers only.Non Uber car drivers will be expected to have a good credit report and be able to raise 10percent of the car value to qualify as a borrower.

Contact Sidian bank.

Pesa Pata - Cash everywhere you are

Pesa pata 

Pesa pata used to be a credit facility provided by the then Paddy Micro Investment. Other loan products included mobikopa(preceded pesa pata) and Maisha loans for businesses enterprises to finance expansion activities
. Years later since 2013,Pesa pata formerly mobikopa became the most selling credit product.

Paddy Micro Secretly became Pesa pata.
Early last year,Paddy secretly closed the other loan products and started concentrating on Pesa Pata.Today,Pesa Pata is a widely used mobile money borrowing channel in kenya.Just like mobile loan apps,loans applied through Pesa pata are received in the form of M-pesa.

How to borrow from pesa pata.
Pesa Pata clients must register their safaricom SIM cards by dialing the USSD code *269# and follow the next steps.There is a registration fee of ksh100 to be paid via pay bill number 519606 .Loans range from ksh2000 to ksh20000 payable in a duration of between one week and one month and at an interest rate ranging between 12% and 20%.Check out the steps to borrow from the micro lender;

Pesa pata borrowing steps

Contact pesa pata.
Call;0707 000 222

Faulu Kenya Microfinance Bank- Your bridge to success

Faulu MFB

@faulukenya Faulu Microfinance Bank (Faulu mfb),a member of the Old Mutual Group is a one of the growing list of microfinance banks licensed to operate in kenya.The lender widely concentrated on financial groups called 'chamas' when it was Faulu Sacco
during its onset a few years back.Today,Faulu Mfb is providing banking and credit services to the general public nationwide with a know history of extremely low interest rates.

Loan products provided at Faulu mfb.
The micro financier serves individuals, businesses and communities.

Community loans  -include; Chama loans given to member(s) in a group formed by the mfb and Ushirika loans availed to groups formed outside by members themselves for example churches.

Personal loans - include; Check off loans,Salary advances and Emergency loans available to both account holders and non account holders.

Business loans -They include;

• Real estate loans availed to land buyers.
• Biashara SME loans for micro entrepreneurs.
• Asset finance.
• Invoice discounting available to suppliers.
• Overdraft facility for account holders.
• Landlord loan for developing rental houses.
• Insurance premium finance to guarantee insurance premium payment.
• Cheque discounting for turning cheques into cash instantly.
• Bids,Bonds and Guarantees targeted at businesses in supplies and contracts with the government or parastatals.

Faulu kenya Contacts.
Call;

• 0711 074 074
• 0711 074 000

NIC unsecured education loan in kenya

NIC bank branch

@nicbankkenya The NIC bank of kenya has an unsecured student educational loan package targeting both students joining campus or parents and guardians with children joining university or college in kenya. The loan finances only the tuition costs for the course duration in school.


Educational loan Features.
The varsity fees must lie between ksh50000 and ksh1000000 because that's the loan minimum and maximum limits respectively NIC bank allows.

Loan application requirements.
For a student to apply for this loan facility, one must posses an admission letter from a recognized Kenyan university or college.The letter of admission must have an attached fees structure which will form the basis for the amount of loan to be applied for.The loan amount will be directly deposited into the educational institution admitted. Top ups during the learning period will be subject to debt to income ratio (not to exceed 60%) and not to go over the ksh1million limit.

NIC bank Contacts.
To get more information about this  student education loan, contact the lender through;

• 0711 041 111
• 0732 041 111

Pesa na Pesa , M-pesa loans in kenya

Pesa na pesa

The AVL Capital Group ,a combination of many financial institutions in kenya including Chase Bank,Safaricom M-pesa,CIC insurance, APA insurance,Benchmark,AIG, UAP and more others is still giving out mobile micro credit services dubbed Pesa Na Pesa 
since 2015 to all Kenyan registered members.Loans Kenya had to share this to update borrowers about this it.The service is accessible via a USSD code *415*33#

How to register as Pesa na Pesa member
The service is available only to safaricom subscribers who also registered for m-pesa.Airtel,Orange and You subscribers are not eligible.Check the steps;

• On your phone ,dial *415*33# and fill your personal details
• View your loan limit which will show automatically
• You will lastly receive our PIN

Now you will be a fully registered member of pesa na pesa.

How to borrow from pesa na pesa
Borrowing a loan from pesa na pesa is simply through your mobile phone by dialling*415*33# .The lender gives micro loans of up to ksh5000.A good repayment history will make your loan limit increased.The interest rate is 10%weekly.

How to repay your pesa na pesa loan
Pesa na pesa loan is repayed within one week through a pay bill number 990390.While sending your money to this pay bill number ,please input your phone number as the account number required. Use the Lipa na Mpesa menu,Pay bill number and proceed with other steps.

If you forget your PIN simply dial *415*33*2# .Defaulting attracts more charges and legal action.

Barclay's Kenya Own Your Dream Home campaign

Barclay's bank photo

@barclaysbankkenya The Barclay's bank of kenya is giving Kenyans the opportunity of its kind to own homes through a campaign dubbed #OwnYourDreamHome .Customers who have been renting apartments or bungalows are now encouraged to take advantage of the offer which ends on May 26 this year.


Mortgage Offers.
There is a merciless decrease of the interest rate to a low of 14.9%pa from 18.5%pa.The mortgages have been split into four groups. The amount of loan can be as high as ksh2million for Nairobi residents and ksh1.5million for other locations.

Mortgage Groups

• Home loan straight purchase for ready made homes.Financing will be up to 90% the market value.
• Equity Release will be financed up to 80% of its value.
• Construction loan for customers with ready owned plots. Construction of a home will be up to 100% the cost of the home.
• Buy to Let for landlords. Financing will be up to 70% the value of the houses.

Interested people can visit any Barclay's bank branch near them.

Mkopo Rahisi becomes Tala Kenya

Tala kenya app

@inventure After two years of service providing quick and easy mobile loans to Kenyans, Mkopo Rahisi kenya is rebranding to Tala Kenya.The move was as a result of  long surveys, close interviews and open discussion forums done to mkopo rahisi customers in its span of existence. Therefore Tala Kenya is a micro loan app which is customer inspired.


What should Tala mean? The word has got different meanings in different languages thus reflecting the credit beneficiaries attended to through the app.

See more mobile loan apps

What's new with Tala Kenya
There are more new features in Tala Kenya App which makes the clients more interested in using the it compared to mkopo rahisi.

• Easy navigation while using Tala app
• Short loan application process compared to mkopo rahisi app
• Easy credit limit or loan limit checking
• Tala users are members of the new community formed
• Members earn referral incentives when they invite others
• The overall loan limit have been raised to ksh50000

Tala app in action

How to get the app
All clients who have been using mkopo rahisi are considered members after they download and install Tala app.Existing customers of mkopo rahisi need to upgrade to Tala.New users must download and install the Tala Kenya app.Tala Kenya mobile loan app

SMEP Microfinance Bank- Fulfilling your dreams

SMEP MFB

SMEP Microfinance Bank LTD(SMEP MFB) is a financial institutions registered in kenya as a limited company.Smep Mfb offers loans and banking services to both individuals and businesses in kenya.Its bigger focus however seem to be on groups popularly known in Kenya as Chamas.This lender has numerous retail outlets nationwide especially in the suburbs of every county.


Loan Products.
Smep mfb gives loans to both individuals and businesses operating in kenya.SMEs and groups get special and tailor made loan facilities. In general SMEP offers ;asset financing, group retail loans,agribusiness loans,SME loans,Church loans and working capital loans.The lender also provide insurance premium financing to help in smooth premium payment.

Contacts
Smep Head quarters,
Kirichwa road,
Off Argwings Kodhek road,
Nairobi.
Mobile:+254 711 606 900