Business Loan

Business Loan

This is a product for helping our current and prospective clients meet the working capital needs of their businesses and also acquire asset for the purpose of operating and expanding businesses.

General Features

Requirements to Qualify:

  • 19% Interest Rate
  • Payments: Bi-Weekly
  • Grace Period: 4 weeks
  • 15% Savings for loans up to Kshs.30, 000
  • 10% savings for loans above Kshs.30, 000

Loan Size and Repayment Period

1st Cycle 5,000-30,000 (3-12 Months)
2nd Cycle 30,001-50,000 (3-12 Months)
3rd Cycle 50,001-80,000 (3-15 Months)
4th Cycle 80,001-120,000 (6-18 Months)
5th Cycle 120,001-200,000 (9-18 Months)
6th Cycle 200,001-300,000 (12-24 Moths)
7th Cycle 300,001-420,000 (12-30 Months)
8th Cycle  420,001-600,000 (12-30 Months)
9th Cycle 600,001- 800,000 (12-30 Months)
10th Cycle 800,001-1,000,000( 12-36 Months)

 

Yehu Microfinance endeavors offering responsive competitive products that meet the needs of our rural clients.