The biashara plus loan enables individuals, groups, chamas, etc to start and establish businesses. We give these loans to people who currently operate a registered business for at least 6 months with a limit depending on your daily transactions.
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Business Loans
We strive to give you the best and our loan repayment terms are friendly.
FEATURES
Some of the features of business loans are as follows:
- The limit depends on your daily transactions.
- Repayment is on a daily basis for a maximum of 90 days.
- Interest is on a 13% flat rate.
- Processed within24 hrs and disbursed to your phone.
TERMS AND CONDITIONS
Some of the terms and conditions include:
- Applicants must own a fully registered/licensed business.
- Applicants must make a minimum of monthly contributions.
- Loan given subject to the two-thirds rule.
- The mode of recovery is through check-off