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October 18, 2019

MUSONI MICROFINANCE LOANS

AGRICULTURAL LOANS

Financing smallholder farmers to improve their farms and earn a higher income

Group Kilimo Booster (A)

  • Amount – 5k – 140k
  • Duration – 3 – 12 months
  • Registration fee – Free
  • Upfront fee – 4%

Group Kilimo Booster (B)

  • Amount – 100k – 500k
  • Duration – 3 – 24 months
  • Registration fee – Free
  • Upfront fee – 4%
  • Loan cycle – Entry loan

Individual Kilimo Booster

  • Amount – 100k – 3M
  • Duration – 3 – 36 months
  • Registration fee – Free
  • Upfront fee – 4%
  • Loan cycle – Entry loan/Graduate

Eligibility

  1. Business must be in operation at least for 1 year

ASSET FINANCE LOANS

Financing people to purchase assets

  • Amount – KES 3,000 – KES 3,000,000
  • Duration – 6-36 months
  • Registration fee – Free
  • Upfront fee – 4%
  • Eligibility – Kenyan Citizen,
    Age 18+ years

Loan Products

  1. Motorcycle Loan
  2. Motor Vehicle Loan
  3. Water Tank Loan
  4. Clean Energy Loan

AGRICULTURAL ASSET FINANCE LOANS

Financing people to purchase agricultural assets

Beehive loan

  • Amount – KES 5,000 – KES 100,000
  • Duration – 3-12 months (no penalty for early repayment)
  • Registration fee – Free
  • Upfront fee – 4%
  • Loan cycle – Paid one loan
  • Eligibility – Kenyan Citizen,
    Age 18+ years

Dairy Cow loan

  • Amount – maximum KES 300,000. Seek Exemption for more.
  • Duration – 24 months for loans =< 100k,36 months for loans > 100k
  • Registration fee – Free
  • Upfront fee – 4%

Eligibility

  1. Existing and new group small holder farmers
  2. Existing and new individual small holder farmers
  3. Monthly member’s contribution.

BUSINESS LOANS

Financing people to support their own businesses

Nawiri

  • Amount – 5k – 140k
  • Duration – 3 – 12 months
  • Registration fee – Free
  • Upfront fee – 4%
  • Loan cycle – Entry loan
  • Eligibility – Business has been in operation for at least 6 months

Stawi

  • Amount – 100k – 500k
  • Duration – 3 – 24 months
  • Registration fee – Free
  • Upfront fee – 4%
  • Loan cycle – Entry loan
  • Eligibility – Business has been in operation for at least 1 year

Shujaa (Individual)

  • Amount – 100k – 3m
  • Duration – 3 – 36 months
  • Registration fee – Free
  • Upfront fee – 4%
  • Loan cycle – Entry loan
  • Eligibility – Business has been in operation for at least 1 year

EDUCATION LOAN

Financing people to get their desired education

School Fees Loan

  • Amount – 5k – 100k
  • Duration – 4 – 12 months
  • Registration fee – Free
  • Upfront fee – 4%
  • Loan cycle – Entry Loan
  • Eligibility – Any client with school-aged children presenting a legitimate school fees bill

School Improvement Loan

  • Amount – 100k-3M
  • Duration – 4 – 36 months
  • Registration fee – Free
  • Upfront fee – 4%
  • Eligibility – School must be in operation at least for 1 year Minimum number of students 50

School Salary Loan

  • Amount – 5k – 100k
  • Duration – 4 – 12 months
  • Registration fee – Free
  • Upfront fee – 4%
  • Eligibility – Full-time employed staff of a school associated with Musoni

WEPESI LOAN

Financing you when you have an emergency

  • Amount – 1k – 50k
  • Duration – 1 – 3 months
  • Registration fee – Free
  • Upfront fee – 4%
  • Loan cycle – Paid one loan
  • Eligibility: 2nd Loan cycle

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