Interest Rate
7%
7%
KES 50,000
Daily/Weekly/Monthly
Be a registered member on the Madini Chapaa Platform and a member of the Tontine Group International CBO.
Conduct business transactions worth a minimum of 1 gram per week for at least 24 weeks to demonstrate a commitment to your business.
Maintain a minimum contribution balance of Kenyan Shillings 2,000 per month in your wallet for 3 consecutive months, showcasing financial discipline and stability.
You are eligible for a loan amount that is 3 times the value of your total contributions, providing you with a substantial loan amount based on your commitment to saving and contributing.
Benefit from a competitive interest rate of 7%, ensuring that your loan remains affordable and manageable.
Minimum Loan Amount: Kenyan Shillings 50,000
Access a minimum of KES 50,000 in loan funds to meet your financial needs.
Potential Impact on Credit:
Successfully repaying an Instant Loan can have a positive impact on your credit score. Timely repayments demonstrate your ability to manage debt responsibly, which can improve your creditworthiness and open up more financial opportunities in the future.