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.