Okoa Kilimo

Farming made easy

What is Okoa Kilimo?

Okoa Kilimo is our loan product targeting farmers who are doing farming as a business. The loan is offered in terms of farm inputs.

Okoa Kilimo Features

  • Affordable interest rate.
  • Loan range from Sh. 10,000 to Sh. 500,000.
  • Loan disbursements are made payable to the farm input vendor
  • Repayment period up to a maximum of 12 months.
  • Loan disbursed within 7 working days.
  • Top ups are available.
  • Borrow twice your collateral savings or a maximum of four times if in an active group.
  • Processing fee of 3% of the loan subject to a minimum of sh. 500.
  • Credit Insurance fee of 1% of loan with a minimum of sh. 200.
  • Mpesa fee of sh. 50.

To Qualify

  • Must be an active Okoa Finance member.
  • Must be saving a minimum of Sh. 250 in their Okoa Savings Fund throughout their period at Okoa Finance.
  • Must have saved a minimum of 5 weeks in Okoa Finance.
  • Must be guaranteed by other Okoa Finance members if loan being borrowed exceeds the amount in their Okoa Savings Fund.

To be a member, register with your mobile phone.