• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Bidii Credit Kenya logo

Bidii Credit Limited

Partners for Growth

  • About Us
  • Our Solutions
    • Loan Types
      • Log-book Loans
      • Rental Income Loans
      • Unsecured SME Loans
      • Mobile Loans
      • Inputs Credit
    • Loan Requirements
  • Partners
  • Careers
  • Press & Gallery
  • Blog
  • Contact Us
  • Facebook
  • Instagram
  • LinkedIn
  • Twitter

Loan Requirements

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

Primary Sidebar

Bidii Credit Limited


Suite 301, 3rd Floor
Applewood Adams, off Ngong Road
P.O Box 17678-00100
Nairobi

0709 840 000


info@bidiicreditkenya.co.ke

Mo,Tu,We,Th,Fr 8:00 am – 5:00 pm; Sa 9:00 am – 1:00 pm

Recent Posts

  • Boosting your business through microfinances in Kenya
  • How to improve your credit score with financial institutions.
  • Top 10 Small Business Ideas to Start in Kenya- Part 2
  • Top Mistakes To Avoid When Applying For A Loan
  • Top 10 Small Business Ideas to Start in Kenya- Part 1

Follow

  • Facebook
  • Instagram
  • Twitter
  • YouTube

Get our Expert Advise

Check out our blog and get some FREE basic business advise.

Get Business Tips From Bidii

Footer

Important Links

About Us
Our Solutions
Partners
Careers
Press
Gallery
Blog
Contact Us

Copyright © 2022 Bidii Credit Kenya Limited · Powered by The Dynamic Laboratory East Africa Ltd