Faulu Microfinance Bank
Compare all 5 products from Faulu Microfinance Bank in Kenya. Borrow up to Ksh 10,000,000.
Microfinance Loans
2Faulu Microfinance Bank Pros & Cons
+Pros
- ✓Licensed bank security
- ✓Backed by Old Mutual Group
- ✓Microfinance expertise with grassroots reach
- ✓Low minimum investment
- ✓No entry or exit fees
- ✓Higher limits for business
-Cons
- ✗Less digital-forward than fintech competitors
- ✗Smaller fund size
- ✗Longer processing time
- ✗May require collateral
- ✗Higher fees than banks
- ✗Documentation required
Eligibility Requirements
- ●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 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.
Apply Now
Visit Faulu Microfinance Bank to explore their products and apply online.
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Best For
- ✓Investors who value institutional backing
- ✓Faulu bank customers
- ✓Rural and peri-urban savers
- ✓Conservative investors
- ✓Small traders
- ✓Agricultural businesses
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