(+254) 739 440510  |  info@mwangazabiz.co.ke

To be eligible for a loan with us, one must meet the following conditions:

  •  Must be either a youth or women.
  •  Must hold a valid ID, BC or Passport.
  •  Must fill an application form  online or hard copy.
  •  Must hold a Savings Account in a formal financial institution.
  •  The Transactional account MUST be connected to mobile banking Services.
  •  Must be willing to save at least Ksh. 500 per month in Savings Account (Build Strong Savings Culture)
  •  Must be willing to undergo basic Training/Mentorship ( Personal financial management & Enterprenuership)
  •  One must be willing to submit His/Her payslip or 3 months bank statement on request by MwangazaBiz Limited.

 

The following items shall be forwarded to MwangazaBiz as support documents:

  •  Copy of National ID.
  •  Passport size photo.
  •  Attach the latest payslip/Bank statement.

 

Loan Terms

  •  All Micro loans shall be directed to the Transactional Account (For sustainable and accountable financial Inclusion)
  •  The minimum micro Loan is Ksh. 1,000
  •  The maximum micro loan is Ksh. 500,000
  •  The repayment period is  1 Month-to 6 Months.

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