Micro Kenya

Group Lending / Working Capital Loans

Group Lending / Working Capital loans are group-based loans extended to group sizes between seven to thirty individuals, who should all be operating small and micro enterprises. Each self-selected group must attend a one hour group induction session each week for a minimum period of 6 weeks.

Neither formal collateral nor a credit history is required to qualify for a loan, but the co-guarantee mechanism and peer pressure must function in each lending structure to mitigate on lending risks. All what clients require to qualify for the loan is:

• Have a national Identification Card,
• Be a member of a group with an average of 10 members and
• Should have been in business for the last 6 months.
LPO Financing

This is financing offered to clients who have been awarded tenders to supply goods and services. They are short-term and are given for a maximum period of 2 months.
Microsoft Financing Option

The product targets small and medium companies that operate with unlicensed Microsoft products. The Microsoft licensing loan product helps the companies to acquire Microsoft licenses, avoid confiscation of their computers and litigations for using pirated or illegal softwares.
Product Features
Easy access to financing option – simple qualification criteria
Convenience – single page application forms
Quick Processing – we will process all complete applications forms within 3days.
Flexibility – 20% deposit and the balance paid over an agreed period of time.
Unsecured – the license certificate is the security.
No Interest charges for the financing option
No hidden charges
Microsoft License Financing Option terms
Repayment period of between 3 month to 12 months
Financing Option of upto Kshs 1,000,000.00. (Conditions apply)
Monthly Installment Default will lead to automatic cancellation of the financing option and full payment of the outstanding amount falls due immediately.
Credit worth appraisal to ascertain capacity to pay
Branch Network

Nairobi Branch – Based in the head office with a sub-branch in Kawangware

Office Location
Cape Office Park
Ring Road Kilimani
P.O. Box 52926-00200
Nairobi
Tel: +254 20 386 1681-4
Fax: +254 20 386 1680
email: info@microkenya.co.ke

Machakos Branch
Machakos Town
Plaza Building 3rd Floor
Tel: +254 722 475 059

Nakuru Branch
Geoffrey Kamau Way Next to Odeon Cinema
Tel: +254 151 221 2852
Cell: +254 722 240453

Thika Branch
Thika Arcade 6th Flr
Tel: +254 721 292041