Best Business Loans in Vihiga 2026
Compare 24+ business loans from 3+ banks in Vihiga County. 61% of adults have access to financial services.
Vihiga County Financial Overview
Vihiga County is one of Kenya's most densely populated counties with intensive small-scale farming. Tea and dairy production are significant, along with growing jua kali manufacturing.
Main Industries
Popular Financial Products
Banks Offering Business Loans in Vihiga
Compare Business Loans Available in Vihiga
4G Capital SME Working Capital Loan
4G Capital
0.75% - 0.9%p.a.
KES 5,000 - KES 3,000,000
- â100% unsecured - no collateral needed
- âLoyalty program with reducing interest rates
ABSA Business Loan
FeaturedABSA Bank Kenya
13.5% - 17%p.a.
KES 200,000 - KES 25,000,000
- âWorking capital financing
- âAsset acquisition loans
Wezesha Biashara SME Loan
ABSA Bank Kenya
14% - 17%p.a.
KES 100,000 - KES 15,000,000
- âTailored for SME growth and expansion
- âQuick approval process (48-72 hours)
Co-op Asset Finance
FeaturedCo-operative Bank of Kenya
13.5% - 16.5%p.a.
KES 500,000 - KES 50,000,000
- âFinance up to 90% of asset value
- âWide range of assets covered (vehicles, machinery, equipment)
Co-op Biashara Loan
FeaturedCo-operative Bank of Kenya
13% - 16%p.a.
KES 100,000 - KES 20,000,000
- âLoans for SMEs and cooperatives
- âWorking capital financing
Equity SME Loan
FeaturedEquity Bank Kenya
12.5% - 17%p.a.
KES 50,000 - KES 30,000,000
- âLoans up to KES 30 million
- âSME-friendly rates from 12.5%
Kilimo Maendeleo Agricultural Loan
FeaturedEquity Bank
12% - 15%p.a.
KES 50,000 - KES 10,000,000
- âTailored for agricultural enterprises
- âFlexible repayment aligned with harvest seasons
Equity SME Development Loan
FeaturedEquity Bank
13% - 16%p.a.
KES 100,000 - KES 30,000,000
- âLoan amounts up to KES 30M
- âExtended repayment up to 6 years
Jijenge Merchant Advance
Jijenge Credit
10% - 15%p.a.
KES 50,000 - KES 2,000,000
- âMerchant cash advance based on sales
- âDaily repayment from transactions
KCB Boresha Biashara Loan
FeaturedKenya Commercial Bank
13.5% - 16%p.a.
KES 50,000 - KES 5,000,000
- âTailored for small and medium businesses
- âNo collateral required for loans up to KES 1M
KCB Business Loan
FeaturedKenya Commercial Bank
13% - 18%p.a.
KES 100,000 - KES 50,000,000
- âLoans up to KES 50 million
- âFlexible repayment up to 5 years
KCB SME Term Loan
FeaturedKenya Commercial Bank
12.5% - 15.5%p.a.
KES 1,000,000 - KES 50,000,000
- âLarge loan amounts up to KES 50M
- âExtended repayment period up to 7 years
Kopokopo Grow Merchant Loan
FeaturedKopokopo
5% - 7%p.a.
KES 5,000 - KES 500,000
- âInstant loans based on M-Pesa transactions
- âAutomatic repayment from daily sales
KWFT Biashara Business Loan
Kenya Women Microfinance Bank
1.5% - 2%p.a.
KES 5,000 - KES 2,000,000
- âAfrica's only women's bank
- âNo traditional collateral required
Lipa Later Merchant Advance
FeaturedLipa Later
3% - 5%p.a.
KES 10,000 - KES 1,000,000
- âGet paid instantly when customers buy on credit
- âCustomers pay in installments over 3-12 months
Marble Capital Biashara Loan
Marble Capital Solutions
3% - 5%p.a.
KES 50,000 - KES 2,000,000
- âFlexible 4/6/8 week terms
- âFast approval process
Mogo Asset Financing
FeaturedMogo Kenya
13% - 17%p.a.
KES 30,000 - KES 3,000,000
- âFinance motorcycles from KES 30,000
- âQuick mobile app processing
NCBA Business Loan
FeaturedNCBA Bank
14% - 18%p.a.
KES 500,000 - KES 50,000,000
- âWorking capital loans up to KES 50M
- âAsset finance for equipment
Pezesha Wezesha Biashara Loan
Pezesha Africa Limited
- âWorking capital financing for SMEs
- âNo hidden charges
Stanbic SME Financing
FeaturedStanbic Bank Kenya
13.5% - 19%p.a.
KES 200,000 - KES 100,000,000
- âUp to KES 100M for established businesses
- âFlexible repayment up to 7 years
Stawi SME Loan
Stawi
9% - 9%p.a.
KES 30,000 - KES 250,000
- âLowest interest rate at 9% p.a.
- âBacked by CBK and 5 major banks
Watu Motorbike Financing
Watu Credit
2.99% - 4.5%p.a.
KES 40,000 - KES 350,000
- âFinance new and quality used motorbikes
- âDeposit from as low as 10%
Watu Business Loan
FeaturedWatu Credit Limited
14% - 18%p.a.
KES 50,000 - KES 5,000,000
- âAsset financing for motorcycles and tuktuks
- âFlexible payment plans
Zanifu Inventory Financing
Zanifu
3.5% - 5%p.a.
KES 5,000 - KES 200,000
- âInventory-backed financing
- âRepay through business revenue
Tips for Getting Business Loans in Vihiga
- đĄStrong SACCO movement offers competitive member rates
- đĄTea farmers have access to KTDA-linked financing
- đĄSmall-scale dairy farmers can find cooperative financing
- đĄJua kali artisans should explore SME loan products
How to Apply for Business Loans in Vihiga
- Compare: Use PesaMarket to compare business loans from 3+ banks
- Check eligibility: Review requirements for your preferred product - income, age, CRB status
- Gather documents: Prepare ID, KRA PIN, payslips or M-Pesa statements
- Apply: Visit a branch in Mbale or apply online through the bank's website/app
- Wait for approval: Most business loans are processed within 24-72 hours
Frequently Asked Questions: Business Loans in Vihiga
What are the best Business Loans in Vihiga County?
The best business loans in Vihiga include products from KCB, Equity Bank, Co-operative Bank. Interest rates start from around 9.9% p.a. depending on the product and your credit profile. Compare all 24+ options on PesaMarket to find the best fit for your needs.
How do I apply for business loans in Vihiga?
To apply for business loans in Vihiga: 1) Compare products on PesaMarket to find the best rates. 2) Check eligibility requirements for your preferred option. 3) Visit a bank branch in Mbale or Majengo or apply online. 4) Submit required documents including ID, KRA PIN, and proof of income. Most applications are processed within 24-48 hours.
Which banks have branches in Vihiga County?
Major banks with branches in Vihiga include: KCB (3 branches - Mbale, Majengo, Luanda); Equity Bank (2 branches - Mbale, Luanda); Co-operative Bank (2 branches - Mbale). You can also access mobile banking and digital loans from anywhere in Vihiga.
What is the minimum salary to qualify for business loans in Vihiga?
Minimum salary requirements for business loans in Vihiga vary by provider. Most banks require a minimum monthly income of KES 15,000-30,000 for personal loans. Digital lenders like Branch, Tala, and M-Shwari have lower requirements. Self-employed individuals can qualify with 6+ months of M-Pesa statements or business records.
Are there business loans without CRB check in Vihiga?
Some digital lenders in Vihiga offer business loans with flexible CRB requirements. M-Shwari, Fuliza, and some app-based lenders may approve loans for first-time borrowers or those rebuilding credit. However, most banks will check your CRB status. You can check your CRB report for free once a year at any CRB bureau.
Business Loans in Nearby Western Counties
Other Financial Products in Vihiga
Business Loans in Vihiga's Major Towns
Whether you're in Mbale, Majengo, Luanda, or any other part of Vihiga County, you can access business loans from leading financial institutions. Mbale has the most bank branches, but mobile banking and digital loans are available across the entire Western region. Our platform helps you compare rates and find the best business loans for your needs.
Ready to Apply?
Compare 24+ business loans from top banks in Vihiga. Find the best rates and apply online today.