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LOLC Kenya Microfinance Loan

LOLC Kenya Microfinance Bank

Last updated: April 16, 2026

|Last verified: Apr 16, 2026
0/5
Based on 0 Reviews
Interest Rate
15% - 20% p.a.
Loan Amount
Ksh 10,000 - Ksh 5,000,000
Approval Time
48-72 hours
Processing Fee
KshNaN

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

  • Higher loan limits up to KES 5 million
  • International backing and stability
  • Competitive interest rates
  • Longer repayment period
  • Business advisory support
  • Digital lending platform

Cons

  • Higher minimum loan amount
  • May require collateral for large loans
  • Longer processing time
  • Income requirements higher than peers

Customer Reviews

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Product Details

Features

  • Part of LOLC Holdings (Sri Lanka-based multinational)
  • SME and personal loan products
  • Loans from KES 10,000 to KES 5 million
  • International microfinance expertise
  • Digital lending platform
  • Business advisory services
  • Competitive interest rates
  • Longer repayment tenures up to 48 months

Eligibility Requirements

Age: 21 years
Min Income: Ksh 20,000/month

Required Documents

  • National ID
  • Proof of income
  • Business registration (for SME loans)
  • Bank statements (6 months)
  • Collateral documents

Repayment Options

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