FASTER-FASTER SPECIAL LOAN

• Emergency in nature/ Easy to remember

• All our unfunded clients or already funded but they have some emergencies to attend. 

• Loan product whose purpose is to finance some emergency cases or businesses that require some small amounts for emergency Financing.  

• All Fadhili and/or none Fadhili members clients.
• Aged between 18-65 years.
• Borrower with a good repayment record 

• Borrowers with Proof of Regular business income or remittance.
• Borrower willing to provide guarantee of repayment and also be guaranteed by at least three Fadhili active members from existing groups.
• All clients who already have businesses or have some reliable sources of income.

• Offering responsiveness loan product for both Fadhili and none Fadhili clients.

• Loan guarantee deposit ratio: No loan guarantee deposit is required.
• Loan cycles;
• 1st cycle Kshs. 5, 000 
• 2nd cycle Kshs.7,500
• 3rd cycle Kshs.10,000

• Adequate loan amounts to meet all emergency needs.

• 1st cycle Kshs. 5, 000 Max repayment period 1month 
• 2nd cycle Kshs.7,500 Max repayment period 1months

• 3rd cycle Kshs.10,000 max repayment period 1months

• Enough repayment periods to repay the instalments. 

• Weekly meetings 

• Enables client to pay in small manageable instalments direct from ones regular Business income or any other sources.

• Three Fadhili active members in the existing active centers and either the centre leader or group leader to approve.
• Household’s items.

• Easy collateral

• 0.5% rebate for good clients on the interest paid at the end of period.

• Reward for good payers

• One week.

• Enables one make timely repayments.

• 20% per month flat rate

• Affordable 

• 4.5% of the amount applied for.

.

• Affordable and fair. No pressure to raise the processing fee as it is deducted direct from the amount to be disbursed.

• Included in the loan disbursement fee.

• No pressure on self/family to repay in case of the covered risks (Death or permanent incapacitation).

• Kshs.50

• Keep track of one’s accounts’ status all the time

• 0.5% per day on instalment in arrears

• Enhances repayment discipline & guaranteed fast subsequent loans

• Brochures and flyers
• Marketing through the existing canters and groups.
• Awareness campaigns during community/Family meetings, youth meetings

• Well informed & knowledgeable customers

• Pens& rulers, T-shirts, Caps, Key-holders, umbrella,

• Incentives

• Fadhili micro enterprises Head-office

• Convenient because it is reachable by all.
• Less costs of transport and time

• “Saidika usikonde”

• ‘Quicker investment high returns’.

• To be developed from benefits reported by clients as they start enjoying the service.

• To be developed from benefits reported by clients

• To be developed from benefits reported by clients

• Provided on loan disbursement 

• Protects one from penalties and clarity of installments information.

• Copy provided to client and proper signing done during disbursement.

• Ones right

• Positive staff attitude in customer handling
• Very experienced and competent staffs.

• Customer valued as he/she is the reason for our existence.

• Fadhili staffs are efficient
• Maximum 24 hours needed to process the loan 

• Faster, saves time and the situation at hand.

• 1- 2 pages

• Not tedious

• Simple, clear and easy to understand

• Easy to understand