Msamaria Women’s Loan
We believe in women’s economic empowerment. Empowering a woman makes communities thrive.
Are you a woman looking to expand your business? Msamaria Women’s Loan offers financial empowerment to women who are seeking working and investment capital.
This loan facility aims at accelerating women’s economic empowerment by providing affordable and usable finance towards their businesses.
Features
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The Msamaria Women Loan Product features are as follows:
- The package has Flexible Working capital loans for operational & investment expenditure.
- Unsecured Limits from Kes5,000.00 of up to Kes.10Million with a repayment period of 24 months.
- Empowerment Trainings & Networking Forums
- Insurance Package Benefit- Femina Medical Cover, Critical illness cover, Personal Accident cover, Death & Permanent Total Disability.
The Msamaria Digital Loan Product features are as follows:
- Business E-loan Solutions available – Business Plus, Business plus Refinance & Business plus Top up
- Delivery Channel – Available on USSD (*667#) and Mco-opcash APP
- Loan limit – minimum Kes 100 – Max Kes 1M
- Loan Tenure – 1-6 Months
- Target Customers – Individuals, registered partnerships, Business Enterprises and limited Companies
Requirements
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- Have a business not less than a year old
- Business should have regular cash flow
- Business license of the current year where applicable
- Open an account with Co-operative Bank
- Provide certified bank statements from other banks if your Co-op Bank account is less than 6 months old
- Acceptable security will include but not limited to chattels mortgage over household, business assets, land, NSE se
- Copy of KRA PIN
