How do I compare microfinance loans?

Use our comparison tool to filter by interest rate, fees, approval time, and loan amount. Compare at least 3 products before making a decision. We have compared 9 microfinance loans from Kenyas leading banks and financial institutions.

Is it free to use PesaMarket?

Yes! PesaMarket is 100% free for consumers. We may earn a commission when you apply through our links, but this does not affect the rates or terms you receive.

How often is the information updated?

We update product information daily to ensure you have access to the latest rates, fees, and terms. Always verify final details with the financial institution before applying.

What is the best microfinance loan in Kenya?

The best microfinance loan depends on your specific needs, income level, credit history, and financial goals. Use our comparison tool to find products that match your requirements. Consider factors like interest rates, fees, approval time, and eligibility criteria.

How quickly can I get approved for a microfinance loan?

Approval times vary by lender. Digital lenders often approve applications within minutes, while traditional banks may take 1-7 days. Check the "Approval Time" field in our comparison table to find the fastest options.

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Microfinance Loans in Kenya

Small loans from licensed microfinance institutions for individuals and groups.

Reviewed byPesaMarket Research Team

|Last verified: Dec 16, 2025

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Bank/Provider

Min Loan Amount

Showing 9 of 9 products

⭐ Low-income families

Caritas Microfinance Loan

Caritas Microfinance Bank

Interest Rate

15% - 20%

per annum

Max Amount

KES 2000K

Approval Time

24-48 hours

Processing Fee

Catholic Church-founded institution
Very low minimum income

Apply Now

View Details & 0 Reviews →

Fortune Credit Personal Loan

Fortune Credit

Interest Rate

N/A

per annum

Max Amount

N/A

Approval Time

Processing Fee

None

Financial inclusion focus
Green finance options

Apply Now

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⭐ Women's groups

KWFT Group Loan

Kenya Women Finance Trust

Interest Rate

16% - 20%

per annum

Max Amount

KES 500K

Approval Time

1-2 weeks

Processing Fee

Group lending model
Lower rates for groups

Apply Now

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⭐ Low-income earners

Letshego Personal Loan

Letshego Kenya

Interest Rate

15% - 20%

per annum

Max Amount

KES 1000K

Approval Time

24 hours

Processing Fee

2.5%

Quick mobile application
Lower income requirements

Apply Now

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⭐ Small traders

Faulu Biashara Loan

Faulu Microfinance Bank

Interest Rate

16% - 22%

per annum

Max Amount

KES 5000K

Approval Time

3-5 days

Processing Fee

Business growth financing
Working capital loans

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⭐ Self-employed individuals

Faulu Personal Loan

Faulu Microfinance Bank

Interest Rate

18% - 24%

per annum

Max Amount

KES 3000K

Approval Time

24-48 hours

Processing Fee

Individual loans without group
Flexible income requirements

Apply Now

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⭐ Women entrepreneurs

KWFT Personal Loan

Kenya Women Finance Trust

Interest Rate

18% - 24%

per annum

Max Amount

KES 3000K

Approval Time

12 hours

Processing Fee

Largest women-focused MFI in Kenya
Over 600,000 active clients

Apply Now

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⭐ Agricultural entrepreneurs

Rafiki Microfinance Loan

Rafiki Microfinance Bank

Interest Rate

18% - 24%

per annum

Max Amount

KES 1500K

Approval Time

24-72 hours

Processing Fee

Licensed microfinance bank
Personal and business loans

Apply Now

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⭐ Central Kenya residents

Sumac Microfinance Loan

Sumac Microfinance Bank

Interest Rate

16% - 22%

per annum

Max Amount

KES 2000K

Approval Time

24-48 hours

Processing Fee

2.5%

Licensed microfinance bank
Individual and group loans

Apply Now

View Details & 0 Reviews →