Verified Identity
The applicant should have a valid national ID or passport with details that match the application.
Minimum Conditions for Loan Applicants
Before applying for a microcredit loan, applicants should meet the basic conditions below. This helps confirm identity, repayment ability, and financial responsibility.
Active Phone Number
The applicant should have a reachable and active phone number, preferably linked to M-Pesa activity.
Source of Income
There should be evidence of income from business, employment, farming, trade, or regular cash flow.
Repayment Capacity
The applicant should reasonably afford repayments without excessive pressure on their income.
Financial Consistency
The applicant should show stable transaction behavior, regular income patterns, and manageable debt.
Clear Loan Purpose
The loan purpose should be realistic, understandable, and connected to a genuine need or business activity.
Guarantor or Risk Control
The applicant should provide a guarantor, collateral, traceable residence, or business location where required.