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Faulu Personal Loan

Faulu Microfinance Bank

Last updated: December 16, 2025

|Last verified: Dec 16, 2025
0/5
Based on 0 Reviews
Interest Rate
18% - 24% p.a.
Loan Amount
Ksh 20,000 - Ksh 3,000,000
Approval Time
24-48 hours
Processing Fee
KshNaN

Rating Breakdown

5
(0)
4
(0)
3
(0)
2
(0)
1
(0)
Total: 0 Reviews

Pros & Cons

Pros

  • Individual lending (no group)
  • Licensed bank security
  • Lower income requirements
  • Credit rebuilding support
  • Financial coaching
  • Savings integration

Cons

  • Higher interest rates
  • Processing fees
  • May require collateral for large loans
  • Shorter tenure than banks

Customer Reviews

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Product Details

Features

  • Individual loans without group
  • Flexible income requirements
  • Licensed microfinance bank
  • Mobile banking access
  • Multiple branch locations
  • Financial coaching
  • Savings products linked
  • Credit rebuilding friendly

Eligibility Requirements

Age: 21 years
Min Income: Ksh 15,000/month

Required Documents

  • National ID
  • Proof of income
  • Utility bill
  • Bank statements

Repayment Options

M-PesaBankBranch

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