List Of MyCredit Branches In Kenya And Contacts

This is a list of MyCredit branches in Kenya and their contacts. MyCredit is a non-deposit-taking microfinance institution that has been in operation since 2016. The company mainly offers loans, guarantees, leasing and insurance services.

List Of MyCredit Products

a) Loans

1. Business Loan

This is a short-term loan for people who are in business.

Features:

• Available for business clients who have been in operation for more than 12 months.
• The maximum repayment period is 12 months.
• Collateral – Motor vehicle.

2. Salary Loan

This product targets salaried people who need to meet their financial needs.

Features:

• Ideal for those who earn a regular salary income through employment.
• The maximum repayment period is 12 months.
• Collateral – Motor vehicle.

3. Salaried Loans

This product is tailored for ministry employees, teachers, Kenya Prison Service officers, National Youth Service officers, members of the National Police Service and Kenya Forest Service officers.

Features:

• No collateral or security is required.

b) Insurance 

General Insurance 

This is a non-life insurance cover that compensates the policyholder, in the event that there is a loss/damage to property or against liability.

• Motor insurance
• Personal accident
• Fire & special perils insurance
• Consequential loss insurance
• Burglary insurance
• WIBA
• Liability insurance
• Fidelity guarantee
• Money insurance
• Agriculture insurance
• Domestic package insurance (MyCredit Nyumbani)
• Marine Insurance
• Travel Insurance

Life Insurance 

This is an insurance policy that pays a designated beneficiary a sum of money upon the occurrence of an insured event.

• Last expense
• Education plan
• Personal Pension Plan
• Group life Assurance
• Individual life assurance
• Money insurance
• Agriculture insurance
• Domestic package insurance (MyCredit Nyumbani)
• Marine Insurance
• Travel Insurance
• Professional indemnity
• Contractors All Risks insurance

Medical Insurance

An insurance plan that covers the cost of the insured’s medical and surgical expenses.

• Corporate
• Family
• Individual

c) Guarantees

• Bid Bonds/ tender security
• Advanced Payment Guarantees
• Performance Bonds

d)Leasing