during its onset a few years back.Today,Faulu Mfb is providing banking and credit services to the general public nationwide with a know history of extremely low interest rates.
Loan products provided at Faulu mfb.
The micro financier serves individuals, businesses and communities.
Community loans -include; Chama loans given to member(s) in a group formed by the mfb and Ushirika loans availed to groups formed outside by members themselves for example churches.
Personal loans - include; Check off loans,Salary advances and Emergency loans available to both account holders and non account holders.
Business loans -They include;
- Real estate loans availed to land buyers.
- Biashara SME loans for micro entrepreneurs.
- Asset finance.
- Invoice discounting available to suppliers.
- Overdraft facility for account holders.
- Landlord loan for developing rental houses.
- Insurance premium finance to guarantee insurance premium payment.
- Cheque discounting for turning cheques into cash instantly.
- Bids,Bonds and Guarantees targeted at businesses in supplies and contracts with the government or parastatals.
- 0711 074 074
- 0711 074 000