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Tailored for youGet a Faulu Landlord Loan
to expand your business.

What is Faulu Landlord Loan?

Are you a landlord wishing to expand? Have you been receiving a stable rental income? Whatever your expansion needs are, Faulu Landlord Loan is tailored just for you.

What's in it for you?

This loan provides assistance in terms of personal development or business development therefore:

  • This is accessible by Landlords who have developed property with a stable rental income in cities, counties and municipalities
  • This product applies also to landlords who have leased property to Faulu Microfinance Bank who wish their repayment to be pegged on the rental payments
  • Flexible repayment terms

How does it work?

  • Open an account with Faulu Microfinance Bank
  • Must be having a consistent rental income for the last 6 months as evidenced by the bank statements or Property Agent Statements
  • Must have complied with the Local Authority Building regulations i.e. a maximum number of floors, road and wetlands reserves, wayleaves etc.
  • Clean credit history evidenced by a credit reference bureau report
  • Ability to repay
  • Ownership Documents e.g. Title Deeds, Share Certificate, Allotment Letters etc.

Want to know more about Landlord Loan?

If you want to know more, we've put together some frequently asked questions for you.

    Individuals/Sole proprietorships

    • Duly completed credit facility application form
    • PIN certificate and National I.D. (original and copy)
    • Certificate of registration (in case of registered enterprise/sole proprietorship)
    • Applicant to execute a deed of assignment over rental income
    • A copy of the lease agreement with Faulu Microfinance Bank for those who have leased premises to Faulu
    • Applicant to open an account through Faulu Microfinance Bank for Rent Remittance

    Limited Liabilities Companies

    • A copy of Memorandum & Articles of Association /Constitution /Trust Deed etc.
    • Duly completed credit facility application form
    • Board Resolution to borrow by the company directors
    • Certificate of incorporation
    • PIN certificate and National I.D. (original and copy) of all directors
    • A copy of Memorandum & Articles of Association
    • Applicant to execute a deed of assignment over rental income
    • A copy of the lease agreement with Faulu Microfinance Bank for those who have leased premises to Faulu
    • Applicant to open an account through Faulu Microfinance Bank for Rent Remittance

    Faulu Landlords - deed of assignment over the rental incomes from Faulu.