MOBI LOAN

April 27, 2023

About The Loan

 

The loan targets youth who wish to start or expand businesses in specific business segments, sectors, and niches. The loan can be accessed through the Youth Fund mobile App or USSD.

Eligibility:

  • Registered in Youth Fund portal (after verification)
  • Have a registered mobile phone number
  • Want to start or have an existing business

Loan Amount:

  • Minimum: Kshs.. 5,000
  • Maximum: Kshs.. 100,000

Loan Term:

  • Maximum: 90 days (graduated)

Repayment Period:

  • Kshs.. 5,000 – 20,000: 14 days
  • Kshs.. 20,001 – 50,000: 30 days
  • Kshs.. 50,001 – 100,000: 90 days