Group Guarantee Loans

Designed to cater for individuals without formal or informal collateral security and engaged in an economic activity. Group solidarity ranges from 10-15 members who guarantee each other. This also includes Registered group associations.

Loan purpose

To boost micro business volumes and cater for recurring overheads Interest is charged on a flat rate basis

Client eligibility

Age: 18 years and above Have source of Income for loan repayments Group member guarantee plus informal security where need be

Loan range

200,000 shillings- 5,000,000 shillings

Loan period

3-12 months Repayment frequency Weekly