Microfinance group based loans are loan facilities designed for micro-enterprise operators, who do not have conventional collateral. These loans are usually small in size and have a short tenor. To supplement collateral requirements, the loans are secured partly by cash and partly by group guarantees. To access these type of loans one has be a member of the following groups.

2.    Chikola Groups - Chikola is a Giriama word meaning merry-go-round

3.    Katikati Groups - Katikati is a Swahili word meaning middle 

Apart from group loans, customers are able to access individual loans. This is an excellent facility for those clients who have outgrown group loans.

• Business Entrepreneurs
• those willing to join the above groups

Benefits

• No conventional security is required
• Can be in any business
• Easy repayment period
• Quick access to loans