Platinum Credit SME Loans Details

Rates available from as of 1st April 2021
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Platinum Credit

SME Loans
Ksh3k - 1M
1 Month - 24 Months
Total Cost
11.5%-22.5% annualized (year 1)
Business Permit Required
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Loan Cost

Interest Tiers:

  • 1 Month: 15% per month
  • 3-12 Months: 10% per month
  • 12-24 months : 4% per month
  • Application Fee: 0
  • Processing Fee: 7.5%

Loan structure

  • Type: Secured
  • Interest structure: Flat rate
  • Security needed: Guarantors, Household goods, business stock, logbook

Loan  Details

  • Loan size: Micro/SME
  • Minimum tenure: 1 Months
  • Max tenure: 24 Months
  • Minimum amount: ksh3K
  • Max amount: ksh1M
  • Repayment Frequency: Monthly


  • Time in operation: 6 Months


  • National ID
  • Passport photo
  • M-pesa Statements
  • Guarantors
  • Photos of Business
  • Collateral(Business or House hold)

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  • Flexible interest rates depending on the loan period
  • Available to businesses without formal registration


  • Requires security
  • Requires business to be in operations for at least 6 months

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How to Apply Platinum Credit SME Loans, Structure, Repayment, Fees & Contacts

Platinum Credit SME loans are available to business people with existing businesses looking to scale their businesses.

Who is Eligible for Platinum Credit SME Loans?

Platinum Credit SME Loans limits and Interest Rates

Other Charges

Platinum Credit SME Loans Interest Structure

How to Apply for Your First Platinum Credit SME Loan

How to Apply for Your First Platinum Credit SME Loan


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