LOLC Kenya Microfinance Bank

Compare all 1 products from LOLC Kenya Microfinance Bank in Kenya. Rates from 15%. Borrow up to Ksh 5,000,000.

15%

Lowest Rate

Ksh 5,000,000

Max Amount

48-72 hours

Fastest Disbursement

Total Products

Microfinance Loans

Product	Rate	Amount	Turnaround
LOLC Kenya Microfinance Loan	15% - 20%	Ksh 10,000 - Ksh 5,000,000	48-72 hours	Apply

View all Microfinance Loans→

LOLC Kenya Microfinance Bank Pros & Cons

+Pros

✓Higher loan limits up to KES 5 million
✓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

Minimum Income (Lowest)

Ksh 20,000

CRB Check Required

Not required

Required Documents (across all products)

●National ID
●Proof of income
●Business registration (for SME loans)
●Bank statements (6 months)
●Collateral documents

Frequently Asked Questions

What interest rates does LOLC Kenya Microfinance Bank offer?

LOLC Kenya Microfinance Bank offers interest rates ranging from 15% to 20% across their 1 products. The exact rate depends on the product type, loan amount, and your credit profile.

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.