Home/Lenders/Faulu Microfinance Bank

5 Products🚚 Asset Finance🤝 Microfinance Loans📈 Money Market Funds💰 Personal Loans

Faulu Microfinance Bank

Compare all 5 products from Faulu Microfinance Bank in Kenya. Rates from 9.5%. Borrow up to Ksh 10,000,000.

9.5%

Lowest Rate

Ksh 10,000,000

Max Amount

24-48 hours

Fastest Disbursement

Total Products

Personal Loans

Product	Rate	Amount	Turnaround
Faulu Imara Loan	9.5% - 34%	Ksh 10,000 - Ksh 3,000,000	N/A	Apply

View all Personal Loans→

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Money Market Funds

Product	Rate	Amount	Turnaround
Faulu Money Market Fund	N/A	N/A	N/A	Apply

View all Money Market Funds→

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Microfinance Loans

Product	Rate	Amount	Turnaround
Faulu Biashara Loan	16% - 22%	Ksh 30,000 - Ksh 5,000,000	3-5 days	Apply
Faulu Personal Loan	18% - 24%	Ksh 20,000 - Ksh 3,000,000	24-48 hours	Apply

View all Microfinance Loans→

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Asset Finance

Product	Rate	Amount	Turnaround
Faulu Asset Finance	16% - 20%	Ksh 100,000 - Ksh 10,000,000	3-5 working days	Apply

View all Asset Finance→

Faulu Microfinance Bank Pros & Cons

+Pros

✓Licensed bank security
✓Backed by Old Mutual Group
✓Solid 15.1% gross yield
✓Microfinance expertise with grassroots reach
✓Low minimum investment
✓No entry or exit fees

-Cons

✗Withdrawal can take up to 3 days
✗Less digital-forward than fintech competitors
✗Smaller fund size
✗Longer processing time
✗May require collateral
✗Higher fees than banks

Eligibility Requirements

Minimum Income (Lowest)

Ksh 15,000

CRB Check Required

Not required

Employment Types Accepted

SME ownerMicro-entrepreneurSelf-employedGroup member (chama)

Required Documents (across all products)

●Business permit
●National ID
●Bank statements
●KRA PIN
●Proof of income
●Utility bill
●Business registration or single business permit
●Bank or M-Pesa statements (6 months)
●Proforma invoice
●Proof of residence

Frequently Asked Questions

What interest rates does Faulu Microfinance Bank offer?

Faulu Microfinance Bank offers interest rates ranging from 9.5% to 34% across their 5 products. The exact rate depends on the product type, loan amount, and your credit profile.

What loan amounts are available from Faulu Microfinance Bank?

Faulu Microfinance Bank offers loan amounts from Ksh 10,000 up to Ksh 10,000,000 depending on the product and your eligibility.

How fast does Faulu Microfinance Bank disburse loans?

The fastest disbursement time from Faulu Microfinance Bank is 24-48 hours. Actual processing time varies by product type and application completeness.

Does Faulu Microfinance Bank require CRB clearance?

Faulu Microfinance Bank does not strictly require CRB clearance for all products. Some products may be available without a CRB check, though having a clean credit record is always beneficial.

How many products does Faulu Microfinance Bank offer on PesaMarket?

Faulu Microfinance Bank currently has 5 products listed on PesaMarket across 4 categories: Asset Finance, Microfinance Loans, Money Market Funds, Personal Loans.