Alpha Kapital MicroFinance Bank Ltd

Micro Loan

Micro Loan

ALPHA KAPITAL MICRO LOAN is designed to help those at the bottom of the pyramid to become financially inclusive i.e. market women and small business owners.

FEATURES
> Weekly repayment up to 16 weeks .
> 5% monthly interest rate with 3% upfront fee.
> Loan amount up to #500,000
> Easy accessibility

Requirements

> Duly completed loan application form.
> Two guarantors required
> Business must be operational for a minimum of 6 months and must be within our coverage areas (no start up business). > Guarantor’s consent and undated cheques ( atleast 2 leaflets).
> No Collateral
> Application fee of #3,500
> Application letter
> 2 Passport Photograph