Faulu Asset Finance
Faulu Microfinance Bank
Last updated: November 13, 2026
★★★★★
0/5Based on 0 Reviews
Interest Rate
Not confirmed
Loan Amount
Ksh 100,000 - Ksh 10,000,000 (not confirmed by the provider)
Approval Time
3-5 working days
Processing Fee
Not stated
Rating Breakdown
5★
(0)
4★
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3★
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2★
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1★
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Total: 0 Reviews
Pros & Cons
Pros
- Accepts M-Pesa statements
- No early repayment penalty
- Group asset finance for chamas
- Credit life insurance bundled
Cons
- Weekly late penalties add up fast
Customer Reviews
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Product Details
Features
- Designed for SMEs and micro-entrepreneurs
- Faster turnaround than tier-one banks
- Group asset finance for chamas and SACCOs
- Accepts M-Pesa statements as income proof
- Credit life insurance included
Eligibility Requirements
Age: 18 - 65 years
Employment: SME owner, Micro-entrepreneur, Self-employed, Group member (chama)
Required Documents
- National ID
- Business registration or single business permit
- KRA PIN
- Bank or M-Pesa statements (6 months)
- Proforma invoice
- Proof of residence
- Guarantors or chama membership
Repayment Options
M-Pesa PaybillFaulu appStanding orderBranch payment
Ready to Apply?
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