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Alpha Group Microfinance Ltd

Our Product & Services

Our loan products are designed and crafted to fit our customers’ unique growth and development needs

Normal Loan
Given 3x of member savings.
Interest charged is 13% P.A and can be repaid up to 36 months.
Security includes select plot certificates, title deed or guarantor who is a member of the bank and has enough savings and a good credit history.
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Junior Account
Beneficial to Those with Children and want to plan their future.
Account operated by parent/guardian until legal age is attained.
Minimum Savings of KSH 1000 per month but one can save more and can be withdrawn by guardian with a 60 day notice.
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Self Loan
Given 90% of the savings at 10% interest per year.
Given to create a good loan portfolio for a member. Given 3x of savings.
Loan secured by asset or given within member’s savings.
Repayment period up to 36 months.
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Savings Account
Minimum Savings of KSH 1000 per month or more depending on one’s target.
Loans given 3x of Savings.
Attracts good interest rates.
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Group Loan
Given 3x of savings.
Loan secured by asset or given within member’s savings.
Repayment period up to 36 months.
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Shares Account
Minimum Deposit of 5000 is Share Capital.
Deposits beyond KSH 5000 are special investment and can be used to guarantee a loan.
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School Fees Loan
Flexible repayment period.
Can be given within savings or 3x of savings with the presence of a guarantor or collateral.
Immediate processing.
Negotiable repayment period.
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Development Loan
To facilitate purchase of lands plots.
To purchase or build a house or finance a new business.
Loan is fully secured by the asset or guarantor.
We give 3x of the savings.
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Fixed Deposit Account
Minimum Savings of KSH 1000 per month or more depending on one’s target.
Can be fixed for 3, 6 or 9 months.
Earns fixed interest of 7% per annum if fixed for 12 months.
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School Fees Account
Minimum Savings of KSH 1000 per month but one can contribute as much as they wish.
Can be withdrawn 4 times a year.
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Emergency Loan
To facilitate emergencies like hospitalization, funeral expenses or disasters like fire.
We give 90% of the savings.
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