For many Kenyans, turning the dream of home-ownership into reality is more attainable than ever, thanks to the availability of budget-friendly mortgage rates in Kenya. A mortgage, essentially a loan where the property serves as collateral, can be a viable means to invest in real estate. We hereby explore the process of securing the cheapest…
An Overview A personal loan is a finances/money provided by lending institutions for individual use. Unlike specific-purpose loans, personal loans offer flexibility, allowing borrowers to utilize funds according to their needs. Factors Influencing Loan Access The accessibility and amount of personal loans hinge on two primary factors: income and creditworthiness. Your financial goals can be…
KCB Bank: Unlocking Your Homeownership Dreams Discover the possibilities with KCB Bank, where homeownership becomes a reality. Borrow up to KES 100 million with competitive terms, offering 90% financing for owner-occupied properties, 80% for income-generating ones, and 70% for plot purchases. Enjoy a favorable interest rate of 13.3%, making KCB a prime choice for your…
1. Digital Lenders 1. Hustler Fund: Initiated by the government on November 30, 2022, the Hustler Fund swiftly became a game-changer for businesses. Offering loans ranging from 500/= to a substantial 50,000/=, this fund garnered an impressive 19 billion shillings within three months. Eligibility is open to all, with credit scores determining access levels. The…
For business, whether small, medium, or large, securing a business loan from banks or any financial institution demands strategic planning. The most important role of these funds in steering the success of a business, fostering growth, or initiating new projects cannot be overstated. Additionally, adequate funding acts as a backup against financial crises, ensuring a…
