Mabawa Loans
A Long term loan given to solidarity groups, where members use their savings as collateral
Loan Features
- Lending to Individual Clients in a solidarity group
- Group members ranging from 5 - 15
- Flexible loan amounts from Ksh 5,000 to Ksh 100,000
- Flexible repayment period
- Low Interest rate
Eligibility
- All clients with an income generating activity
- Members of a solidarity group with 5 - 15 members
- Ready to guarantee others for loans and vice versa
- Over 18 years of age.
Benefits
- Accessibility to all clients with a business
- No security/collateral required apart from the group guarantors
- Fast processing and disbursement
- Interest rate is attractive and affordable
- Opportunity to graduate to the next level
- Opportunity for business training
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