Personal loans
Personal Loans
At Elite Moni Plus, we pride ourselves on friendly service and same day processing whenever standard requirements are met. True to our motto Fast, Quick, and Easy, we deliver hassle free personal loans, school fee assistance, and top-ups so you never have to wait.
Top-up loans are readily accessible, provided your net income comfortably covers both the loan repayments and essential daily living costs.
We finance small unsecured personal loans for a variety of purposes such as:
- School Fees
- Funeral Expenses
- Feast Expenses
- Bride Price Assistance
- Personal Goods Purchase
- Travel Expenses
- Medical Expenses
- Refinancing
- Other Reasonable Purposes
Requirements
- Loan Repayments through direct payroll deduction only.
- Two Original payments slips to be uploaded on space provided in the form.
- Current Employment ID or National ID.
Advantages
- Loan Repayments are insured in case of a borrower's death.
- Documents, processing and application fees of 3% is required.
- Existing Elite Moni Plus clients can enjoy interest rebates when applying for a top up loan.
Eligibility
- Regular Income earners who are employed for one year or more.
- Private Company employee where direct payroll deduction is acceptable.
- Net pay must be K200.00 or more.
Refinancing Guidelines
- Only existing Moni Plus customers with good repayment record will be considered for refinancing of loan.
- To refinance loans with the recognised and reputable finance companies.
- Client must have a good repayment record with other finance companies and must provide latest statement of account.
- PVA and/or ISDA to be handled by our staff to ensure that other finance company’s deductions are ceased and Moni Plus deduction will commence.
- Disbursement of funds to the other finance companies will be done through Kundupei. Account number must be provided by client and to be confirmed by our staff.
- All other terms and conditions for Personal Loans apply.