Are you in business? This is the right loan product for you

The Small Enterprise Loan is a short-to-medium term credit facility specially designed to finance Small and Medium Enterprises [SMEs].

Why you should apply for this loan

  • Quick loan processing time (in 48 hours or less*)

  • Working capital loans of up to Shs. 340 million

  • Flexible repayment terms and periods of 3 – 36 months

  • Flexible loan repayments inclusive of grace period where deemed necessary

  • Flexible loan purpose. Loans are approved dependent on the applicant’s needs [re-stocking, import clearance, construction, etc.]

  • Loan amount is dependent on business performance hence light burden on the client

  • Flexible collateral requirements

  • Negotiable interest rates

* Upon submission of proper documentation

Qualifications for this loan

  • Individuals or companies with active businesses

  • Applicant must be 18 years and above

  • At least 6 months of business existence and activity

  • Possession of a trading license

  • Credible Guarantor

  • Credit Reference Bureau (CRB) registration

Comes with outstanding benefits

  • You may do occasional top-ups subject to terms & conditions

  • Easy loan renewal upon completion

  • Collateral substitution is allowed

  • Loan is tailored to facilitate business performance and growth

  • You can easily pay back using MTN and Airtel push services