Who We Are
Little Pesa Ltd is a non-deposit-taking Microfinance. It was formed in 2018 after taking necessary NOC from the Central Bank of Kenya. The company started lending in January 2019. Initially, we were extending only Short-Term loan limits to salaried persons. Now, the company has three product offerings:-
Little Pesa Products
Short-Term Loans
Borrowers can avail loans for 7 days, 15 days and 30 days up to Ksh 100,000. The rate of interest is 4%,6% and 8% for 7 days, 15 days and 30 days respectively. If a borrower is unable to repay the loan within the stipulated period, the loan is automatically rolled over for another 7 days, 15 days or 30 days as the case may be at 2% over the original rate of interest.
Product Financing Loans
Borrowers can buy products from select retail shops up to Ksh 300,000 and the same can be repaid in monthly instalments spread over 3-12 months. The rate of interest is 5% p.m. for 3 months, 4.5% p.m. for 6 months, 4% p.m. for 9 months and 3.5 % p.m. for 12 months.
Flexipay Loans
Borrowers can avail higher limits of Ksh 300,000 and the repayment is spread over 3-12 months. The rate of interest is 5% p.m. for 3 months, 4.5% p.m. for 6 months, 4% p.m. for 9 months and 3.5 % p.m. for 12 months.
Vision
To be a Microfinance of Choice in Kenya.
Mission
To enable people to satisfy emergency financial requirements and achieve financial stability at most competitive interest rates
Core Values
Integrity
Transparency
Excellence
