Bidii Credit Limited

Partners for Growth

Requirements for Bidii SME loan

  1. Must be a Kenya Citizen over 18 years old
  2. Must have operated a business for more than six months
  3. Business must be in a permanent establishment
  4. Must have a registered M-PESA line
  5. Pay a one-time registration fee of 500/-
  6. Have a good credit history with CRB
  7. Must demonstrate ability to pay
  8. Must provide a least two guarantors
  9. All loans will be disbursed and repaid using M-PESA

Requirements for Bidii Logbook loan

  1. You must have operated a registered / licensed business for more than 2 years year OR
  2. You must have been in employment for more than 2 years
  3. Must be able to show invoices or payslip and employment contract for last 6 months
  4. The vehicle must be in your name.
  5. The vehicle must be in a proper working condition
  6. You must have a clean credit history
  7. Latest Utility Bill e.g. Rent or Electricity
  8. Six months bank statement with a cheque book
  9. Motor Vehicle Valuation
  10. Motor Vehicle Logbook
  11. Execution of Chattels
  12. 2 Passport Photos of the applicant
  13. Documents to show proof of Comprehensive Motor Vehicle Insurance
  14. Legal and Valuation Charges

Requirements for Bidii Rental Income loan

  1. Kenyan over 18 years
  2. Proof of ownership of the rental units
  3. Proof of regular rental income
  4. Have a property agent collecting rent on behalf for the last six months
  5. Bank / M-PESA statements for last 6-months
  6. Good CRB report
  7. Rental units to be within a major urban center where BIDII CREDIT branch is located.
  8. Be willing to provide collateral such as a motor vehicle or chattels
  9. Must have two guarantors