 Mkopo Biashara
This is a business loan available to people involved in business. It has three levels designed to help you from small beginnings to a bigger operation. You are given a grace period before starting repayment.
Mkopo Biashara - Daraja 1
Terms - Waiting period for first loan eligibility for group members – 4 weeks.
- One should have attended Loan Orientation Seminar if it is a first loan.
- Saving of the required loan security fund to secure the loan required.
- Group members and Faulu officers business appraisal.
- Group members’ guarantee for the customer’s loan for group based loans.
Benefits
- Easy access requirements.
- Flexible repayment period.
- Quick processing.
- Convenient and affordable.
- Access to refinancing.
- Weekly reports on loan status.
Mkopo Biashara - Daraja 2
Terms
- Waiting period for first loan eligibility for group members – 4 weeks.
- One should have attended Loan orientation seminar.
- Saving of the required loan security fund to secure the loan required.
- Group members and Faulu officers business appraisal.
- Group members’ guarantee for the customer’s loan for group based loans.
Benefits
- Easy access requirements.
- Flexible repayment period.
- Quick processing.
- Convenient and affordable.
- Access to refinancing.
- Weekly reports on loan status.
Mkopo Biashara - Daraja 3
Terms
- One must have serviced a Daraja 2 loan successfully to qualify.
- Group members and Faulu officers business appraisal.
- Group members’ guarantee for the customer’s loan for group based loans.
Benefits
- Easy access requirements.
- Flexible repayment period.
- Quick processing.
- Convenient and affordable.
- Access to refinancing.
- Weekly reports on loan status.
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