Rafiki Microfinance Bank Kenya
Rafiki MFB Kenya: business loans KES 100,000-2M, 1-24 months, 19-23% pa reducing balance. Lipa na Rafiki mobile service up to KES 300,000.
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Description
Rafiki Microfinance Bank is a Kenyan deposit-taking microfinance institution offering SME-focused business loans from KES 100,000 to KES 2 million with repayment periods of 1 to 24 months. Interest is charged on a reducing balance at approximately 19% to 23% per year. The Lipa na Rafiki mobile service provides quick top-ups up to KES 300,000 based on account activity and transaction history. Rafiki targets active business customers with collateral-free options for active accounts.
Focus Sectors
SME, Microfinance, Business Loans