Sumac Microfinance Loan
Sumac Microfinance Bank
Last updated: December 16, 2025
Status unverified
★★★★★
0/5Based 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★
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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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