Personal Loan

PERSONAL LOAN

Whether it’s for an emergency, a special purchase, or bridging a financial gap, we offer a hassle-free, short-term credit facility designed to meet your needs.

Personal Loan Features
Financing
Up to a third of your salary
Loan Limits
Ksh. 10,000 to Ksh. 500,000
Loan Period
Up to 3 Months
Security
Unsecured
Processing
Within 2 Hours
Requirements
Copy of ID
(Colored Copy)
Current Photo
(Colored Photo)
KRA PIN
Last 3 Months Payslips
Mpesa Statement
(12 Months E-statement)
Salary Bank Statement
(12 Months E-statement)
Post-dated Cheques
Steps to Apply

1. Loan Application

Fill in the online application form.

2. Loan Appraisal

We will determine how much you qualify for.

3. Sign Loan Agreement

Sign the loan agreement outlining the terms and conditions of your loan, and provide cheques drawn from your salary account.

4. Disbursement

We will send the loan funds directly to your Mpesa.

Apply For A Personal Loan

Fill and submit the appropriate form and we will reach out asap!

Frequently
Asked Questions

Any Kenyan individual above 18 years who is employed and earns a regular salary. All personal and payment information provided in the application must belong to you.

You can borrow a minimum of Ksh. 10,000 and a maximum of Ksh. 300,000

  1. Apply by filling the application form on the website 
  2. Send the required documents to loans@pivot.co.ke and include your email
  3. We will check to see how much you qualify for.
  4. If you qualify for a loan we will send the loan offer containing the loan details to your email for you to review and execute.
  5. Once you accept the terms we will send the cash to your preferred account i.e. bank account or Mpesa.

Yes, we check your CRB information. This helps us to understand your current financial commitments and how you have serviced other loans in the past. It also means that if you default on your loan with us, we have the duty to negatively list you on CRB which may impact your eligibility for other financial products with other lenders.

We charge between 2% and 7% flat rate monthly interest depending on your risk profile.

As a responsible lender, we take adequate care in all phases of our credit process to determine that our clients have the capacity to repay without becoming over-indebted. Unfortunately this may also mean that sometimes you will only qualify for a smaller loan than you expected.

No you do not need a guarantor.

Yes we will. We value transparency. As a responsible lender, we will disclose all the information regarding your loan to you and send a loan agreement containing all loan details plus the repayment schedule to your email before activating your loan. We will only proceed once you are ok with all the terms and conditions and with your express consent.

If you have successfully paid off one loan with Pivot Finance, the next time you apply you may enjoy higher loan limits and lower interest rates.

Mpesa Paybill Number: 

Account Number: Your National ID Number