Below is a list of loans offered by MyCredit Kenya:

Business loan

Product benefits:

• Quick access to funds: Get the capital you need within 24 hours.
• Flexible loan amounts: Ranging from Kshs. 100,000 to Kshs. 10,000,000, tailored to your needs.
• Repayment term: Up to 24 months to ensure smooth cash flow management.

Minimal requirements include

• Copy of logbook
• Copy of ID and KRA PIN
• A passport size photo
• Latest 6 months bank and Mpesa statement (whichever is relevant)
• Proof of business i.e. certificate or registration / business license / business records

Salaried check-off loan

Product benefits:

• Affordable interest rates: Competitive rates designed for civil servants.
• Flexible repayment terms: Up to 120 months for ease of repayment.
• No collateral required: Fast approval and disbursement, with a 24-hour turnaround time.

Minimal requirements include

• Three (3) current payslips
• Three (3) months Mpesa statement
• ID & Passport photo

Kuza Elimu Unsecured Loan

Product Benefits:

• Unsecured Loan Amounts: Obtain up to Kshs. 1,000,000 without needing collateral, providing substantial support for urgent expenses.
• Flexible Repayment: Monthly payments over a term of up to 12 months, are designed to align with your institution’s financial flow.
• Competitive Interest Rate: Benefit from a competitive rate, ensuring your financing is both cost-effective and manageable.
• Early Settlement Savings: Reduce overall interest with favourable rates for early repayment, helping you save on total costs.
• Insurance Coverage: Includes insurance fees to protect your assets and the facility, providing added security.
• Simple Collateral: No collateral is required, simplifying the borrowing process and making it more accessible.

Kuza elimu secured loan

Product benefits:

• Loan amounts: Access up to Kshs. 5,000,000 to meet your institution’s working capital and project needs.
• Flexible repayment options: Choose between 12 and 36 months, with monthly payments without disrupting your cash flows.
• Early settlement benefits: Enjoy reduced interest for early repayment, helping you manage your finances more efficiently.

Kuza elimu – Asset finance

Product benefits:

• 100% Financing: Secure full funding for brand new buses and vans. No down payment required—get the complete amount you need to invest in top-quality vehicles.
• Generous Loan Amounts: Obtain up to Kshs. 10,000,000 to support your fleet expansion or upgrades, ensuring you have ample resources for significant investments.
• Extended Repayment Term: Enjoy the flexibility of up to 72 months to repay the loan, making it easier to fit repayments into your budget over time.
• Fast Access: Get the funds you need in as little as 24 hours, so you can act quickly and efficiently on your transportation needs.
• Competitive Interest Rate: Benefit from a competitive rate that makes financing affordable and helps you manage your costs effectively.
• Tailored for Your Fleet: Specifically crafted for purchasing or upgrading school vans and buses, ensuring the financing meets your exact requirements.
• Easy Process: Experience a straightforward application and approval process, designed to get you the funds you need without hassle.

Murabaha asset / Stock finance

This is a sharia’ compliant financing solution that facilitates the acquisition of assets, goods and services by making payments directly to the vendor on behalf of the customer.

Tawarruq liquidity financing

Tawarruq liquidity is a financial solution designed to provide immediate cash for various urgent business needs. It allows you to secure liquid funds, helping you address pressing financial requirements while adhering to Sharia principles.

MyCredit Kenya Branches and Contacts

  Headquaters

Absa Towers Loita Street, 11th Floor, Nairobi, Kenya.

• Nairobi
• 08:00 AM – 05:00 PM

  Kitengela Branch

Africa House, 2nd Floor, Kitengela town

  Thika Branch

Zuhura Place, 3rd Floor, Kenyatta Highway

  Naivasha Branch

Eagle Centre, 1st Floor Mbaria Kaniu Rd.

  Nakuru Branch

Shiv Plaza, First Floor Kenyatta Avenue

  Eldoret Branch

The Eldoret Daima Towers, 13th floor, Eldoret town.

  Kericho Branch

Green Square Mall, 1st Floor, Kericho Town.

  Narok Branch

Olmaa House, 1st Floor,Narok Town.

  Kisumu Branch

Tuff Foam Mall, Ground Floor, Achieng’ Oneko Road

  Tijaara

Absa Towers Loita Street, 11th Floor, Nairobi, Kenya.

  Nyeri Branch

Lymo Plaza, 2nd Floor, Gakere Road,Nyeri Town.

  Meru Branch

Solco Plaza, 2nd Floor Moi Avenue, Meru Town.

  Mombasa Branch

Mombasa Trade Center, 7th floor, Nkrumah Ave.

  Bomet Branch

Isenya Plaza, 2nd Floor Bomet town

  Wote

Nesa Plaza, 1st Floor, Wote Town

  Kitale Branch

Mega Mall, Mezzanine Floor Kitale Town

  Kakamega Branch

Mega Centre ,4th Floor Kakamega Town

  Embu Branch

Embu Motors, 1st Floor Embu Town

  Nyahururu Branch

GF Plaza, 1st Floor

  Kamakis Branch

North Park Hub, 2nd Floor,shop 57 (Naivas)

  Utawala Branch

Mustard Seed Plaza,1st Floor (opposite Family Bank)

  Murang’a Branch

Waguta Plaza, 1st Floor Murang’a

  Migori Branch

Val Plaza, 3rd Floor (NCBA) Mgori

  Molo Branch

Abba House, Groud Floor (Adjascent to Faulu Bank) Molo

  Kisii Branch

Waumini Plaza, 1st floor, F6