Frequently Asked Questions

Where are you located?

We are located at Kenya Cinema Plaza Fourth Floor along Moi Avenue.

Which credit reference bureaus do you work with?

We work with both Credit Info reference bureau and Metropol Reference Bureaut.

What's the maximum loan tenure for UIP credit loans?

The maximum loan duration is 1 month for mobile Loans and one year for other types of loans.

Can I borrow on your mobile lending app if I have defaulted other loans?

No. You cannot pass the credit score test unless you clear your previous defaulted loans.

How much can I borrow?

Our credit limit ranges between a minimum of Kshs.250 for mobile loans and a maximum of 1,000,000 for other types of loan products.

Do you lend to individuals or businesses or both?

We lend to both individuals and businesses.

What are your interest rates?

We have flexible rates of interest which are dependent on the loan product you choose and the duration you choose for your loan.

Can I use log books/title deeds to secure a loan?

Yes, you can use your Log Book or your Title Deed to get a loan from us.

How long does it to process a loan?

We take a maximum of 24 hrs provided that you have availed all the documents required.

How different are you from other lenders?

We are not just another credit firm, we are there when you need emergency and other financial help. We avail the cash you need within minutes after application & Approval.

What happens if I default my loan repayment?

If you default, you will have a negative credit score and you may be blacklisted by credit reference bureau and hence will be unable not only to borrow from us but also from other lenders.

How are you going to pay me?

We can draw a cheque in your name, send your money via Electronic Funds Transfer (EFT), or even via Mpesa for Mobile App Loans.

How do you raise money to lend?

We raise money to lend from the individual investors plus the profits are returned to the business.

Is your interest fixed or on a reducing balance basis?

Our interest rates are on a reducing balance.

How soon can I get a loan?

You will get your loan within 24 hours once you have met all the requirements.

Why should I choose UIP credit over other lenders?

1. We have very quick Turn Around Time.

2. You can access some loans without
    Collateral such as our mobile loans.

3. We have Flexible Repayment Periods.

4. No early loan settlement fees- you can     offset at any time with no penalties