Alpha Kapital MicroFinance Bank Ltd

Frequently Asked Questions

Once your loan request is approved, the loan facility will be disbursed within 24hours
You can borrow any amount from 50,000 and above, so long as your net earnings can handle the monthly repayment for IPPIS loans. For business loans the amount you can is determined by your business. Further more, note that your loan request is subject to review
You can repay using our monthly repayment schedule or using liquidation option which the system provides you to enable you repay very very early as you wish.

Quickly click on “ Need a Loan” , create a profile /fill in appropriate information and send. You will be profiled immediately

The interest rate is between 4% – 8% flat of the loan amount requested

 

From our experience, the main factor that affects your borrowing is you. The early you pay back your loan , your credit score will get better because it proves that you are reliable

You are required to send all documents needed for the loan

You can apply for top up only when you have repaid about 50% of your current loan which makes you eligibe

Once your loan request is approved, the loan facility will be disbursed within 24hours
You can borrow any amount from 50,000 and above, so long as your net earnings can handle the monthly repayment for IPPIS loans. For business loans the amount you can is determined by your business. Further more, note that your loan request is subject to review
You can repay using our monthly repayment schedule or using liquidation option which the system provides you to enable you repay very very early as you wish.

Quickly click on “ Need a Loan” , create a profile /fill in appropriate information and send. You will be profiled immediately

The interest rate is between 4% – 8% flat of the loan amount requested

From our experience, the main factor that affects your borrowing is you. The early you pay back your loan , your credit score will get better because it proves that you are reliable

You are required to send all documents needed for the loan

You can apply for top up only when you have repaid about 50% of your current loan which makes you eligible