LOLC Kenya Microfinance Bank
Compare all 1 products from LOLC Kenya Microfinance Bank in Kenya. Borrow up to Ksh 5,000,000.
LOLC Kenya Microfinance Bank Pros & Cons
+Pros
- ✓International backing and stability
- ✓Competitive interest rates
- ✓Longer repayment period
- ✓Business advisory support
- ✓Digital lending platform
-Cons
- ✗Higher minimum loan amount
- ✗May require collateral for large loans
- ✗Longer processing time
- ✗Income requirements higher than peers
Eligibility Requirements
- ●National ID
- ●Proof of income
- ●Business registration (for SME loans)
- ●Bank statements (6 months)
- ●Collateral documents
Frequently Asked Questions
What loan amounts are available from LOLC Kenya Microfinance Bank?
LOLC Kenya Microfinance Bank offers loan amounts from Ksh 10,000 up to Ksh 5,000,000 depending on the product and your eligibility.
How fast does LOLC Kenya Microfinance Bank disburse loans?
The fastest disbursement time from LOLC Kenya Microfinance Bank is 48-72 hours. Actual processing time varies by product type and application completeness.
Does LOLC Kenya Microfinance Bank require CRB clearance?
LOLC Kenya 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 LOLC Kenya Microfinance Bank offer on PesaMarket?
LOLC Kenya Microfinance Bank currently has 1 products listed on PesaMarket across 1 category: Microfinance Loans.
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Visit LOLC Kenya Microfinance Bank to explore their products and apply online.
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Compare LOLC Kenya Microfinance Bank With
Best For
- ✓SME owners needing larger loans
- ✓Established business owners
- ✓Those wanting longer repayment terms
- ✓Borrowers with good credit history
- ✓Growth-stage businesses
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