Below is a list of loans offered by Joyinc:
Asset Financing
Get the deal you deserve at a rate you can trust, and acquire that asset you want with speed and ease, at more flexible terms. We provide loans aimed at financing of Motor vehicles, Boda Bodas (motorcycles), Tuk Tuks and other productive assets.
Benefits
- Zero deposit (no deposit required)
- Loan term Max 24 months
- Insurance for the loan period
- Asset fully finance by JoyInc Solutions Limited
- Protective gear provides
- Short processing period
Personal Loans
This is an all-purpose loan facility advanced to persons planning to make improvements on or fund an investment. This loan is granted to individuals, provided that they deposit some form of security, such as titles, log books or share certificates.
Benefits
- Competitive interest rates.
- Repayment of up to 24 months (2 years).
Standard Requirements
- Original and copy of National ID or passport
- KRA PIN
- Employment card (where applicable)
- Latest original pay slips (where applicable)
- Proof of source of income for self-employed individuals
Biashara Loans
This short-term loan is specially designed for individual traders who require financing to run their business on a daily basis. For individuals operating informal business or a registered business entity.
Benefits
- Flexible repayment terms of up to 24 months
- Flexible security requirements.
- Competitive Interest rates.
Qualifying Criteria
- Demonstrate ability to pay
- 6 months bank statement from any financial institution / MPESA Paybill / till Statement
- A minimum of 1 year experience in the business to be financed.
- Regular cash flow to meet monthly loan repayment
Insurance Premium Financing
Overburdened by a hefty insurance bill? Are your insurance premiums weighing you down? With easy installments and quick processing, our Premium Financing can take the load off. We simply give you loan against your insurance premium bills and pay the proceeds directly to your insurer.
Features and Benefits
- The maximum amount depends on your insurance premium.
- Easy installments over a maximum period of 10 months.
- We offer competitive, fixed interest rates
Joyinc High Yield Investments
The JoyInc High Yield Investment solution allows you to invest in a flexible and convenient setting, at your own pace, and make a difference in people’s lives. Funds are invested in high-yielding assets backed credit that creates a lasting positive social impact and guarantees a return higher than comparative market rate.
The team’s expertise and knowledge enable us to offer our investors higher return investments guaranteeing a minimum return of 15% per annum which is higher than the market average.
Features and benefits
- Guaranteed minimum annual return of 15%
- Invest according to your ability and at your own pace
- No hidden charges
- M-Pesa option for investment (PAYBILL 656964)
- Interest compounded quarterly
- Monthly Investor statements
- Partial or full withdrawal can be made anytime.
- Investors can also top up in to the account anytime
- Create lasting impact in lives of underserved communities in Kenya
The JoyInc High Yield Investment is Ideal for
- Building up investment for emergencies;
- Building up investment for groups and investment clubs;
- Managing your business’s surplus funds;
- Investing to create capital for future business start up
- Investing money for short-term financial needs such as school fees, holidays, household goods.
- Investment for long term goals such as raising mortgage deposit, weddings and real estate investment
Social Impact
- Create Jobs
- Reduce inequality
- Eradicate poverty
- Build strong families
- Empower underserved communities in Kenya
Contact Us
- E: info@joyinc.co.ke
- P: +2514 700 060 441
- Ruai : Dune Plaza, Ground Floor
Rongai : Brisma Towers, 2nd Floor, Suite C4