Umba Microfinance Bank

Compare all 1 products from Umba Microfinance Bank in Kenya. Rates from 14%. Borrow up to Ksh 100,000.

14%

Lowest Rate

Ksh 100,000

Max Amount

Instant

Fastest Disbursement

Total Products

Microfinance Loans

Product	Rate	Amount	Turnaround
Umba Instant Loan	14% - 26%	Ksh 1,000 - Ksh 100,000	Instant	Apply

View all Microfinance Loans→

Umba Microfinance Bank Pros & Cons

+Pros

✓Instant approval and disbursement
✓No documents needed beyond ID
✓No credit history required
✓CBK-licensed bank security
✓Growing credit limits
✓Free credit score

-Cons

✗Lower maximum loan amounts
✗Higher rates for new borrowers
✗Short repayment periods
✗Requires smartphone

Eligibility Requirements

Minimum Income (Lowest)

Ksh 0

CRB Check Required

Not required

Required Documents (across all products)

●National ID
●Active M-Pesa account
●Smartphone with Umba app

Frequently Asked Questions

What interest rates does Umba Microfinance Bank offer?

Umba Microfinance Bank offers interest rates ranging from 14% to 26% across their 1 products. The exact rate depends on the product type, loan amount, and your credit profile.

What loan amounts are available from Umba Microfinance Bank?

Umba Microfinance Bank offers loan amounts from Ksh 1,000 up to Ksh 100,000 depending on the product and your eligibility.

How fast does Umba Microfinance Bank disburse loans?

The fastest disbursement time from Umba Microfinance Bank is Instant. Actual processing time varies by product type and application completeness.

Does Umba Microfinance Bank require CRB clearance?

Umba 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.