How to Qualify for a Loan

Simple Steps to Financial Freedom

Age Requirement

  • Must be at least 18 years old.
  • Provide a copy of NRC (front and back) or a valid passport for foreign applicants.

Income Verification

  • Reliable source of income required. Submit last 3 payslips or bank statement for business owners.

Debt-to-Income Ratio

  • Cannot borrow more than 40% of net pay. Lower ratios are preferred.

Bank Account

  • Valid bank account or Mobile Money number with linked full name required.

Loan Purpose

  • Applicants must clearly specify the intended purpose of the loan. This helps us better understand your needs and tailor our services accordingly.

Collateral

  • Collateral must be valued at 3 times the loan amount after interest has accrued. This ensures security for both parties involved in the loan agreement.

Documentation

  • Prepare identification, proof of income, bank statements, and other requested documents.

Loan Amount

  • Requirements may vary based on the size of the loan.

Additional Information

  • Passport size photo or selfie
  • Occupation
  • Residential address with utility bill proof
  • WhatsApp location of your residential address
  • Contacts of 3 family member (state full names and relations)

Ready to take the next step towards financial freedom? Apply now and let us help you achieve your goals!

Apply for a Loan