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Business Loan

Sidian SME Business Loan

Sidian Bank

Last updated: April 16, 2026

|Last verified: Apr 16, 2026
0/5
Based on 0 Reviews
Interest Rate
14% - 17% p.a.
Loan Amount
Ksh 100,000 - Ksh 20,000,000
Approval Time
48-72 hours
Processing Fee
2.5% of principal%

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Pros & Cons

Pros

  • Accepts informal businesses (M-Pesa statements)
  • Fast 48-72 hour approval
  • Low entry at KES 100K for small traders
  • Women-specific lending windows
  • Free business development training

Cons

  • Higher rates than Tier 1 (up to 17%)
  • Lower ceiling of KES 20M
  • 5-year maximum tenure is limiting
  • 2.5% processing fee above market average

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Product Details

Features

  • SME loans up to KES 20 million
  • Dedicated MSE (Micro and Small Enterprise) lender
  • Accepts M-Pesa business statements
  • Women-in-business lending programs
  • Boda boda and hustler-friendly products
  • Sidian Business App
  • Partial secured options for smaller loans
  • Business development training included

Eligibility Requirements

Age: 21 - 65 years
Min Income: Ksh 50,000/month
Employment: Micro enterprise, Small business, Trader, Boda boda operator

Required Documents

  • Business registration or single business permit
  • KRA PIN
  • 6 months bank or M-Pesa statements
  • Business premises verification

Repayment Options

Standing orderM-Pesa paybillBranch

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