U&I Microfinance Bank Loan Products and Branches in Kenya
U&I Microfinance Bank is a licensed deposit-taking institution regulated by the Central Bank of Kenya. Originally founded in 2007 as a credit-only provider, U&I transitioned to a deposit-taking microfinance bank in April 2013. Its head office is situated at Asili Complex, River Road in Nairobi, with two additional branches in Gikomba and Thika.
Below is a breakdown of the main loan products currently offered by U&I Microfinance Bank, along with details on their branch network.
Loan Products Offered by U&I Microfinance Bank
1. Fasta Fasta Loan (Import Clearance Loan)
This short-term loan is designed to help business owners quickly access funds to clear goods from the port. Approvals are completed within 24 hours, enabling fast turnarounds for importers.
Key Features:
- Loan approval within 24 hours
- Up to 70% financing of collateral value
- Repayment term of 1 month
- Competitive interest rates
Requirements:
- Copy of National ID
- Passport-size photo
- KRA PIN certificate
- Original bill of lading
- Ability to repay the loan
- Good credit history (if applicable)
- U&I Bank account statements
2. Planner Loan (Personal Loan)
Whether you’re self-employed, employed on contract, or in formal employment, the Planner Loan is designed to support your short-term financial goals—be it personal development, emergencies, or lifestyle upgrades.
Requirements:
- Fully completed U&I loan application form
- Copy of National ID
- 6-month bank statement
- Passport photo
- KRA PIN
3. Asset Financing Loan
This facility supports individuals and businesses seeking to acquire tangible assets such as vehicles, trucks, pickups, land, or even taxis for income generation.
Key Features:
- Up to 80% financing for brand-new vehicles
- Up to 70% financing for used vehicles
- Up to 50% financing for land purchases
- Repayment period of up to 36 months
- The asset financed is part of the loan security
Requirements:
- Completed U&I application form
- Copy of National ID
- Passport photo
- KRA PIN certificate
- U&I Bank statements
- Seller’s proforma invoice
- Valuation report from U&I-approved valuer
4. Karo Loan (School Fees Loan)
The Karo Loan is specifically tailored to help existing U&I clients manage school-related expenses such as tuition and other institutional fees.
Key Features:
- Available only to existing U&I customers
- Repayment period of up to 9 months
- Processing takes up to 1 week
- Loan is paid directly to the educational institution
Requirements:
- Copy of National ID
- Passport photo
- KRA PIN certificate
- Valid school fees structure
- Good repayment history with U&I
- Proof of repayment ability
U&I Microfinance Bank Branches in Kenya
1. Head Office – Nairobi
- Location: 1st Floor, Asili Complex, River Road, Latema Road
- Phone: 020 2403402 / 0713 112 791
2. Gikomba Branch
- Location: Area 42, Gikomba
- Phone: 0796 126 940
3. Thika Branch
- Location: Ground Floor, Thika Arcade Building
- Phone: 0726 223 569
Final Thoughts
U&I Microfinance Bank continues to play a vital role in Kenya’s financial ecosystem by offering tailored lending solutions to small businesses, individual borrowers, and importers. With responsive loan processing and accessible branch locations, U&I remains committed to supporting the economic aspirations of its customers.
If you’re considering a loan for personal needs, asset purchase, or school fees, U&I offers a flexible and customer-oriented approach to microfinance.
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