Loans

Kenstep Microfinance Limited offers credit facilities for individuals, Small and Medium Enterprises and Corporate entities designed with the flexibility of its customers in mind.

The following are the types of loan products of Kenstep Microfinance Limited;

 

Kenstep Personal Loans

Kenstep Personal Loans gives opportunity for salaried worker of institutions to apply for credit facility for personal use such paying of school fees, purchasing vehicle for both personal and commercial use, settlement of rent and other assets at a very competitive rate. The amount a salaried worker is qualified to apply for is dependent on the quantum of their salary. Potential clients can visit any of our branches and agencies for the requirements. We also offer scheme loans for staffs of reliable institutions.

Basic Requirement

  • National ID
  • Two Passport Pictures
  • Pay Slip and Bank Statement
  • Undertaking from Employers
  • Guarantor (His/her National ID and Passport Picture)

 

Kenstep Smart Loans

Kenstep Smart Loans are credit facilities designed for individuals and businesses who needs cash in the shortest possible time for the following;

  • Trade Finance
  • Asset Finance
  • Port Clearing
  • Contract finance
  • Rent finance
  • Agric Loans

Potential clients can visit any of our branches and agencies for the requirements.

Basic Requirement

  • Business Registration Document
  • Six (6) Months Bank Statement
  • Financial Statement (Especially Cash Flow Statement)
  • National ID &Passport Pictures Of The Directors, Proprietor, Partners
  • Guarantor (His/her National ID and Passport Picture)

 

Kenstep Nfiti Asee Loans

This is a special loan product designed for Kenstep Susu Saving Account holders clients who which to start a business on their and has no collateral. The applicant of this loan should be at least three month constant Susu contributor of Kenstep Microfinance Limited. The tenor of the loan is at most 12 months. Amount a Kenstep Susu Saving Account holder can apply for will be based on the regular daily contributions

Basic Requirement

  • Kenstep Susu Saving Account Holder
  • National ID and Passport Picture
  • 40% Cash Collateral
  • Guarantor (His/her National ID and Passport Picture)