Premier Credit SME Loans Details

Rates available from as of 1st April 2021
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Premier Credit

SME Loans
Ksh5k - 200k
1 month - 24 months
Total Cost
30% per loan
Business Permit Required
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Loan Cost

  • Interest: 30% per loan
  • Application Fee: 0
  • Processing Fee: 0
  • Registration Fee: ksh1000

Loan structure

  • Type: Secured
  • Interest structure: Flat Rate
  • Security needed: 2 Guarantors, Household Chattels, Business stock

Loan  Details

  • Loan size: Micro/SME
  • Minimum tenure: 1 Month
  • Max tenure: 24 Months
  • Minimum Amount: ksh5K
  • Max amount: ksh200K
  • Repayment Frequency: Monthly


  • Time in operation: 3 Months


  • National ID
  • KRA Pin
  • Collateral
  • Business permit
  • T&C Link

Representative Example of Loan Costs:

  • Example Loan Amount: Ksh100,000
  • Example Loan Tenure: 12 months
  • Representative APR: 30%
  • Registration Fee: ksh1,000
  • Monthly Loan Repayments: ksh38,333
  • Total Loan Repayment: ksh460,000

This product is provided by Premier Credit. Premier Credit is a Non-deposit taking Microfinance Institution duly registered under the Companies Act No 17 of 2015.

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  • Available to businesses without formal registration
  • Flexible repayment installments options


  • Security required for this loan
  • Registration charged ksh1000

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

Premier Credit SME loans are offered to individual, small and medium businesses operating in formally fixed premises. This product seeks to cater to unforeseen, immediate working capital needs.

Who is Eligible for Premier Credit SME Loans?

Premier Credit SME Loan limits and Interest Rates

Other Charges

Premier Credit SME Loan Interest Structure

How to Apply for Your First Premier Credit SME Loan

How to Apply for Your First Premier Credit SME Loan


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