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List of LOLC Kenya Microfinance Bank Products and Branches

LOLC Kenya Microfinance Bank, formerly Key Microfinance Bank, is one of the 14 licensed deposit-taking microfinance institutions in Kenya. Operating since 2010, LOLC is committed to providing financial services to individuals, businesses, and groups. Below are the bank’s products and branch details:


LOLC Microfinance Bank Products

a) Loan Products

  1. Asset Finance Loan
    • For motor vehicles, land, and other assets.
    • Amount: Ksh 50,000–5,000,000
    • Interest: 24% p.a. (Flat Rate)
    • Processing Fee: 3% of the loan amount
    • Eligibility: Active bank account for six months, at least one year of business experience.
  2. Personal Loan
    • Targeted at regular income earners (salaried or rental income).
    • Amount: Ksh 50,000–1,000,000
    • Repayment: Up to 24 months
    • Eligibility: Active bank account for six months, salaried clients must have completed probation.
  3. Working Capital Loan
    • Short-Term, Mid-Term, and Overdraft Facilities
    • Amount: Ksh 50,000–3,000,000
    • Interest: 24% p.a. (Flat Rate)
    • Eligibility: Active bank account for six months, proof of income, one year of business experience.

b) Savings Products

  1. Taratibu Savings Account
    • Basic savings account.
    • Opening Balance: Ksh 500
    • Minimum Balance: Ksh 500
  2. Lil’ Angel Junior Savings Account
    • Designed for children under 18 years.
    • Opening Balance: Ksh 1,000
    • Interest Rate: 5% p.a.
  3. Jipange Budget Savings Account
    • Helps in planning for specific events like weddings, school fees, etc.
    • Opening Balance: Ksh 5,000
  4. Fixed Deposit Account
    • For lump-sum savings with interest.
    • Minimum Deposit: Ksh 25,000
    • Term: 1–12 months
  5. Current Account
    • For personal and business clients.
    • Opening Balance: Ksh 2,000 (Personal), Ksh 5,000 (Business)
    • Monthly Ledger Fee: Ksh 385

List of LOLC Kenya Microfinance Bank Branches

1. Head Office

  • Location: Westpark Towers, Mpesi Lane, off Muthithi Road, Nairobi
  • Contact: 0733 553 555

2. Duruma Branch

  • Location: TB Plaza, 2nd Floor, Duruma Road, Nyamakima
  • Phone: 0757 629 781

3. Kayole Branch

  • Location: Topaz Driving School Building, Kayole
  • Phone: 0750 207 375

4. Maua Branch

  • Location: Laichena House, Meru-Kimongoro Road
  • Phone: 0737 554 557

5. Meru Branch

  • Location: Tom Mboya Street, opposite G4S, Meru
  • Phone: 0737 553 555

Marketing Units

  1. Kiambu Road Marketing Unit
    • Location: First Floor, Ciata City Mall, along Kiambu Road
    • Phone: 0788 289 913
  2. Ngong Road Marketing Unit
    • Location: First Floor, Ngong Road Business Center, along Ngong Road
    • Phone: 0788 585 563

For additional details or inquiries, visit the nearest branch or contact LOLC Microfinance Bank customer care.

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