Wef loans in Kenya is a loan facility targeting women in groups who are doing business and need working capital.
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| Wef logo |
How to apply for WEF loans
Previously,wef loan application involved filling in online application forms or visiting the nearest Wef office.
Today,to apply for a wef loan you simply use USSD Code*254# to register and apply for the women loans.
In addition to applying for group loans, wef also allows individual borrowers to apply for loans.
What are wef loan requirements
To qualify for WEF loans, you must;
- Be a woman
- Be 18 years and above
- Have a valid National ID or passport
- Must be in a registered group (chama).
- Must have a M-Pesa number active for more than six months.
- Must have a business or want to start a business
Wef loan limits
Loans from wef ranges from ksh 50,000 and above. For example tuinuke loan product amounts ranges from Ksh50,000 to ksh750,000.
Wef loan interest rate is 3.5% per year and a service fee of 2.5%
Wef loan application via USSD
From your safaricom line, dial *254# and select wef service.
Remember*254# is the same USSD Code for Hustler Fund another government loan service for all Kenyans above 18 years.
Wef loans Kenya contacts
Wef loans contact phone numbers are;
0714 606845
0793 324820
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