Microcredit Business Booster - MIBUBO

 

Middle term Micro credit loan granted to micro credit group members who have demonstrated credit worthiness in the micro finance program.

LOAN FEATURES

 

  • Medium term loan payable in one and half year (18 months) with minimum of kshs 80000 and a maximum of kshs150, 000.

  • Total loan advanced is 5 times one’s deposit.

  • Interest rate of 15% up front.

  • Loan application form fee ofkshs 100.

  • Crbreferencing kshs 200.

  • Loan appraisal fee of 1% and affidavit of kshs200.

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