Faulu Kenya offers you three different types of loans. These include loans for employees of institutions such as NGOs, loans for small and medium enterprises as well as asset financing loans which help with the purchase of machines, cars and other light industrial equipment.
Imara Loan
Imara Loan is a facility designed to meet the financial needs of salaried customers working with institutions where the Bank doesn’t have an MOU for e.g. NGOs, local and international agencies and the like. The facility is meant to meet your short term and long term goals.
With Imara Loan you get a loan period of up to 96 months, free Last Expense Cover and a 1% discount on your setup fee.
Biashara SME Loan
Finance your small and medium business enterprises with working capital as well as acquire assets needed for business expansion through our competitive Biashara SME Loan.
Benefits of this loan include flexible collateral requirements, flexible repayment terms, specialised individual lending officers and a loan term of up to 84 months.
Asset Financing Loan
Take advantage of our simple, hassle-free Asset Financing Loan to acquire equipment, purchase a car and buy machinery to ensure your business thrives within no time.
With asset financing loans you get flexible collateral requirements, financing for both new and used vehicles and insurance premium finance available. We also support SMEs and individuals acquire assets like personal cars, trailers and tractors, plant and machinery for light industries and buses, vans and pickups for schools, institutions and churches.
Select loan duration type
Get a personal loan of up to KES 6,000,000 and flexible monthly payments. It’s quick and easy.
SMS 'LOAN' TO 22506, and we will get back to you within 24 hours.Have any queries?
Call +254 711 074 000,
Email info@faulukenya.com, or
WhatsApp + 254 708 000 111.
Do you need help?
Here are some frequently asked questions and answers around our loan calculator.
The loan amount you qualify for depends on your net salary and existing loan obligations. Visit a Faulu branch or contact customer care on 0711 074 000.
Yes, Faulu Bank provides a detailed repayment schedule outlining your monthly installments, interest, and loan balance for the entire repayment period.
Our interest rates vary based on the loan product, tenure, and customer profile. Contact us or visit a branch for the latest rates applicable to your loan.
The repayment period depends on the loan type. Faulu Bank offers flexible repayment terms, which can range from a few months to several years, depending on the loan product.
Yes, Faulu Bank offers loan buyout options where we can take over your existing loan from another financial institution, subject to eligibility and credit assessment.
- Reducing Balance:Interest is charged on the remaining loan balance, meaning the interest portion reduces over time as you repay the principal.
- Flat interest rate:Interest rate where the interest payments are calculated based on the original loan amount and remain the same each month. This is true even though the amount of the loan outstanding decreases over time.
The loan calculator provides an indicative estimate. The actual installment amount may vary based on factors such as loan fees, insurance, and final approval terms.
Yes, there may be additional charges such as processing fees, insurance, and excise duty, which will be factored into your final loan agreement. Contact Customer Care on 0711 074 000 for more information.
Disclaimer: This calculator is provided as a self-help tool for independent use, and all repayment results are intended as approximate estimates only.
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