Maisha Microfinance Bank Limited Maisha Bora Loan Details

Rates available from as of 1st April 2021
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Maisha Microfinance Bank Limited

Maisha Bora Business Loan
Ksh100k - 2M
1 Month - 24 Months
Total Cost
20.4%-22.4% annualized (year 1)
Business Permit Required
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Loan Cost

  • Interest: 18% - 20%
  • Application Fee: 0
  • Processing Fee: 2%
  • Excise Duty: 20% of processing fee

Loan structure

  • Type: Secured
  • Interest structure: Flat Rate
  • Security needed: Title deed, log book

Loan  Details

  • Loan size: SME
  • Minimum tenure: 1 Month
  • Max tenure: 24 Months
  • Minimum Amount: ksh100K
  • Max amount: ksh2M
  • Repayment Frequency: Monthly


  • Time in operation: 6 Months


  • National ID
  • KRA Certificate
  • Business records & Permits
  • 6 Bank statements
  • Security/Collateral
  • Passport pictures
  • T&C Link

Example Representative Pricing

  • Loan Amount: ksh100,000
  • Annual Interest Rate: 20%
  • Processing Fee: ksh2000
  • Excise Duty: ksh400
  • Loan duration: 12 months
  • Estimated Monthly repayment: ksh9,263.45
  • Estimated Total repayment amount: ksh111,161.41

This product is provided by Maisha Microfinance Bank. Maisha Microfinance Bank is a Deposit-taking Microfinance Bank licensed under the Microfinance Act No. 19 of 2006  and regulated by the Central Bank of Kenya.

Money254 Review


  • Available to business without formal registration


  • This loan requires security

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How to Apply Maisha Microfinance Bank Maisha Bora Loan, Structure, Repayment, Fees & Contacts

Maisha Microfinance Bank Maisha Bora Loan is targeted at small and micro businesses that require capital but haven’t accrued enough assets to be used as collateral. This loan is partly secured.

Who is Eligible for Maisha Microfinance Bank Maisha Bora Loan?

Maisha Microfinance Bank Maisha Bora Loan limits and Interest rates

Other Fees

Maisha Microfinance Bank Maisha Bora Loan Interest Structure

How to Apply for Your First Maisha Microfinance Bank Maisha Bora Loan

How to Apply for Your First Maisha Microfinance Bank Maisha Bora Loan


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