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How it works

Home – How it works
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How a samchi credit loan works

Principal Amount

Interest rate (0.05)

Number of months

Principal Amount

Number of months

Kshs. 300

  • Constants: Interest rate: Currently at 5% per month
  • Processing fee: Kshs.300 (Kshs.200: Loan processing fee + Kshs.100: Insurance Premium)
  • Variables: Principal Amount: Kshs. 50,000 – Kshs. 1,000,000
  • Number of months: 1 month minimum – 12 months maximum
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