Loan Products

Home Loan Products

MSME (Micro, Small and Medium Enterprises) Loan:

  • The product is tailored to address financial needs of entrepreneurs and micro, small and medium scale enterprises.
  • The disbursement is made within the shortest time possible.
  • Loan amount ranges between Ksh.10,000 to Ksh.1,500,000.

Agri-Business Loan:

  • An agribusiness product that aims at supporting farmers in their farming business.
  • The product is tailored to provide farm inputs like Seeds, Fertilizers and Veterinary medicines etc.
  • MHC directly channels the funds to the select Agro-Vets where the farmers then pick the inputs.
  • The farmers are allowed  to pay their loans in bullet forms from proceeds of their produce.
  • The amount ranges from Ksh.10,000 to Ksh. 200,000.

Green Energy Loan:

  • This product aims to replace the expensive and hazardous wood and paraffin fuels commonly used in the rural areas.
  • It is designed to finance individuals who want to construct a Bio-gas plant at their homes for lighting and cooking purposes, and/or acquire Eco-friendly stoves  and/or purchase  solar lamps for individuals who are off the national power grid.
  • Members acquire the energy saving stoves and solar lamps from us and pay for them in installments for a maximum duration of 10 months.
  • The amount ranges from Ksh.20,000 to Ksh.150,000.

WASH (water,sanitation, and hygiene) Loan:

  • This product is mostly for individuals in rural areas who lack piped water and need to harvest water for home use and for irrigation purposes as well as those who depend on water sources that are highly infested with bacteria among other health hazards.
  • MHC partners with select  water tank dealers to finance the purchase of water tanks of individual customers choice brand and capacity.
  • Quality and affordable WHO approved water filters are sold on credit at all MHC branches.
  • Loan amount ranges between Ksh.6,000 to Ksh.100,000.

Group Loan:

  • This product is tailor made for registered groups with a minimum period of 8 months since registration.
  • The membership for these groups ranges from five (5) to thirty (30) individuals.
  • The loan taken should only be for developmental purpose such as financing a project/business venture undertaken by the group or individual member.
  • Loan amount ranges from Ksh.50,000 to Ksh.950,000.
  • Repayment period: Maximum of 36 months.

Education Loan:

  • The loan caters for school fees needs. The money is sent directly to the institution.
  • The amount ranges from Ksh.10,000 to Ksh. 100,000.

Disability Inclusion Loan:

  • This product is tailored to provide economic empowerment as well as support the education/empowerment programmes that directly support persons with disabilities as well as financially excluded sections of the society.
  • The amount ranges from Ksh.20,000 to Ksh. 150,000.