QUESTION AND ANSWERS

FAQ'S

The name “ECLOF” Ecumenical Church Loan Fund.
We offer Group Loans, Individual/SME loans, Institution Loan, Salaried Loans, Micro-Insurance Loan, Agribusiness loan, Education Loans and Emergency Loan. Your business headaches are a thing of the past as we lend you a hand to walk up the business ladder.
Economically active clients who are either in business or employment.
The company was established in 1994
ECLOF Kenya is a Microfinance Institution providing financial and related non-financial services to micro, small and medium entrepreneurs in Kenya.
Repay your loan using M-PESA during the group meeting. For individual/SME client, loan repayment can be done through the Bank or M-PESA
Once approved, your loan will be sent via M-PESA, Bank Transfer or a Cheque for you to start investing. Our staff is available to offer training as you grow your business or Agricultural Activity.
YES 
What is required:  Individual Loans/SME Loans
  1. Original ID and Copy of ID,
  2. KRA PIN Certificate
  3. Bank and M-PESA statements for at least 6 months
  4. Active Bank account or Mpesa Statement
  5. Business permit/ registration certificate
  6. Business records for at least 6 months
  7. Business operations for at least 12 months
  8. Loan security (Log Book, Title Deed, House hold goods, business assets)
Group Loans Original ID, 10-30 members, each with businesses, farming or Agribusiness, at least 6 months Valid M-PESA number or Bank A/c number
ECLOF Kenya Officer or Customer Relationship Officer will guide you through this simple process in our branches.
Our Staff are available to answer all questions and requests. Get more information on branches here(link it with our branch location)
It was registered under the Companies Act (Cap 486) as a company limited by guarantee in 1994. ECLOF Kenya endeavors to serve its esteemed clients with professionalism and diligence, while upholding Christian values, and remaining committed to wealth creation and improved standards of living.