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Sumac Microfinance Loan

Sumac Microfinance Bank

Last updated: December 16, 2025

|Last verified: Dec 16, 2025
0/5
Based on 0 Reviews
Interest Rate
16% - 22% p.a.
Loan Amount
Ksh 10,000 - Ksh 2,000,000
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

  • Licensed bank security
  • Quick processing
  • Lower income requirements
  • Savings integration
  • Financial education
  • Community focus

Cons

  • Limited geographic coverage
  • Higher interest than banks
  • Lower maximum loans
  • Fewer branches

Customer Reviews

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Product Details

Features

  • Licensed microfinance bank
  • Individual and group loans
  • Salary advance products
  • Business financing
  • Mobile banking
  • Savings integration
  • Financial education
  • Central region focus

Eligibility Requirements

Age: 21 years
Min Income: Ksh 12,000/month

Required Documents

  • National ID
  • Proof of income
  • Bank statements

Repayment Options

M-PesaBankBranch

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