At the forefront of Nzuri’s core business lending activities is the Nzuri Group Loan, a revolutionary product that has transformed access to finance for underserved populations; women and youth. This innovative poffering employs the principle of solidarity lending, allowing clients to utilize group member guarantees in lieu of traditional collateral. Through this approach, Nzuri extends credit to individuals who would otherwise be excluded from formal financial services, fostering financial inclusion and empowerment.
Prerequisite for this loan
- Should be in a group of at least 10 members
- Above 18 years
- Group Cohesion i.e. Residing or Working in the same area
- Reliable Source of Income
- Adequate group security or guarantors
Benefits of Group Loans
- A combination of security options.
- Affordable to most low income earners
- Flexible loan sizes i.e. from Shs 300,000
