Loan Cost
- Application Fee: 0
- Loan Fees: 6% Mark up cost
Loan structure
- Type: Unsecured
- Loan Fees structure: Flat rate
- Collateral needed: None
Loan Details
- Loan size: SME
- Minimum tenure: 1 month
- Max tenure: 3 months
- Minimum Amount: ksh100K
- Maximum amount: ksh1M
- Repayment Frequency: Monthly
Eligibility
- Registered Business/ 2 years County Government permit
Avenews is a Digital Lender licensed under the Central Bank (Amendment)Act of 2021 and regulated by the Central Bank of Kenya.