Ethical Partnerships for Progress

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Micro-Asset Finance

Micro Asset Finance

  • Purpose: Financing micro-assets such as home-based assets, small-scale machinery, and business equipment.
  • Shariah Contract: Murabaha.
  • Limits: KES 5,000 – 1,000,000.
  • Member Contribution: 30%.
  • Repayment: 6–24 months.
  • Cost: Documentation Service Fee: KES 500 – 25,000. Expected Profit Rate: 12–18% flat rate depending on tenor.
  • Collateral: Self-Guarantee, Asset under Purchase, Ayuta Group Guarantee, Direct Salary Assignment.