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Business Loans
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.
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