List of KEY Microfinance Bank Loan Products
The following is a list of KEY Microfinance branches and the loan products they provide. KEY Microfinance, originally Remu Microfinance, is one of 13 regulated microfinance banks in operation since December 31, 2010.
In December 2018, the bank relaunched KEY Microfinance in order to give it a more national focus. Its headquarters are at Finance House on Loita Street in Nairobi. They have two locations: Meru and Maua.
This article explores various Key Microfinance Bank loan products, highlighting the qualifications to obtain such a loan.
KEY Microfinance Bank Loan Products
1. Working Capital Loan
This loan product is intended to address the working capital needs of small and medium-sized business owners and entrepreneurs.
2. LPO & Invoice Financing
The product is used to finance emerging short-term financial needs and is primarily aimed at business persons with purchase orders to service. It aids tendering and contracting businesses.
3. Asset Financing Loan
This loan is intended to meet the financial demands of business owners who require assets for their businesses or personal usage.
4. Boostika Personal Loan
The product is aimed at consumers with a steady income and is used to fund their personal requirements.
5. Group Lending
It is used to provide working capital and asset finance to clients who do not have collateral.
6. Financing of Insurance Premiums
The lending product finance insurance premiums for automobiles and stock insurance.
7. Trade Finance
They provide bid bonds as well as performance assurances. Bid bonds assist you in obtaining a contract by KEY Microfinance offering an assurance to the principal of your ability to deliver as specified in the contract. KEY Microfinance’s Performance Guarantees guarantee assurance of contract fulfillment.
8. Loans for Agribusiness
They target farmers who require farm capital.
KEY Microfinance Bank Branches
1. KEY Microfinance Bank Head Office
Location: 14th floor, Finance House, Loita Street.
Contacts: +254724 449 288, +254733 553 555, 020 2214483
2. KEY Microfinance Bank Meru Branch
Location: Tom Mboya Street, Meru Town
Contacts: 06431-32760, 0737553555
3. KEY Microfinance Bank Maua Branch
Location: Maua Plaza, Maua Town
Contacts: 064-21000, 0737554557