Liklik Bisnis Meri Loan is dedicated to provide financial support to women who aspire to expand their micro, small and medium-sized enterprises (MSMEs). This loan product can help women entrepreneurs access small loans tailored to their specific business needs and requirements. It offers a flexible and affordable financing solution
Empower Small Businesses
Nature of Loan
Short to medium term finance to fund the acquisition of a capital asset essential in generating income for the business or for working capital to fund daily operations including purchase of inventory for the business.
Loan Term
24 months maximum
Interest Rate
25% per annum
Amount
K500 – K15,000
Target Group
Individuals/ Small businesses * Cash crop farmers, tailors, MSME Owners & Operators, etc. * Self-employed (informal & formal sector), trade store and retail store owners * Women Business Groups and Companies
Requirements
* Must be a resident for 24 months * Must run business for 12 months * Must provide Guarantors * Must provide cash equity.