Real People – Quick affordable Loans

• Real Pesa – Mobile Loan

Eligibility

• Must be a Real People customer

Interest

• Very competitive with no hidden charges

Loan repayment can be made monthly, any time after disbursement but not later than 30 days from date of disbursement.

Disbursement

• You will receive the full loan amount applied for.

Benefits

• Convenience – instant loan
• Real-time loan disbursement – so you will not miss the business opportunity
• Repayment terms – up to 1 month
• Competitive pricing – no hidden charges

 

• LOGBOOK FINANCING

You can now access Logbook Financing. Get quick cash against the value of your motor vehicle. Our processes are fast and simple in line with our vision to sustainably improve lives!

Our Target Market

• Customers in Business
• Salaried customers

At Real People Kenya Limited They Promise

• You as the customer will have a one-stop-shop for your long term as well as short-term financial needs.
• They offer up to 60% financing the value of the motor vehicle
• Quick turnaround time
• Competitive interest rates
• No hidden costs

Basic Requirements

• Original logbook
• National ID
• KRA PIN
• Proof of income – 6 months’ bank statements or official payslips (if employed)
• Kenyan Citizen – 25 years of age and not older than 65 years

Loan Repayment Duration

• Flexible repayment period of up to 12 months

 

• MICRO ENTERPRISE FINANCE LOAN

Our Target Market

• Business people

At Real People Kenya they promise

• Immediate disbursement on loan approval
• No hidden charges or fees
• Frequent top ups aligned to business needs
• Flexible repayment periods
• Competitive interest rates

Basic Requirements

• Kenyan citizen with valid ID card
• Have an existing business
• Have collateral
• Have a bank statement, Mpesa statement and a sales record

Loan Repayment Duration

• 1 – 24 months

 

• INSURANCE PREMIUM FINANCING

Our Target Market

• Motor vehicle owners

At Real People Kenya Limited They Promise

• Convenience- less than 24-hour service.
• No collateral required.
• You as the customer will have a one-stop-shop for your long term as well as short-term financial needs.
• Competitive interest rates

Basic Requirements

• Kenyan Citizen – 18 years of age and not older than 75 years.
• Proof of business or salary.

Loan Repayment Duration

• Min 4 months’ maximum of 10 months

 

• ASSET FINANCE LOAN

Our Target Market

• Customers in Business
• Salaried customers

At Real People Kenya Limited They Promise

• You as the customer will have a one-stop-shop for your long term as well as short-term financial needs.
• We offer up to 70% Financing.
• Own your dream motor vehicle within 3 working days after submitting all the requisite documents
• Competitive interest rates

Basic Requirements

• Kenyan Citizen – 25 years of age and not older than 65 years.
• Ability to service the loan.
• Have a legal running business or in formal employment.
• Does not Cover PSV (Matatu)

Loan Repayment Duration

• Min 6 months, maximum of 36 months

 

• REAL CASH EMERGENCY LOAN

Our Target Market

• Existing Customers

At Real People Kenya Limited They Promise

• Immediate disbursement on loan approval
• No hidden charges or fees
• Flexible repayment periods
• Competitive interest rates

Loan Repayment Duration

• 1 – 6 months.

Frequently Asked Questions

1. Who is real people?

Real People Kenya Limited in a medium sized credit only Microfinance Institution (MFI) operating in Kenya since 2006. It is the only listed Credit only MFI in Kenya and regulated by the Capital Markets Authority (CMA). It is also a member of the Association of Micro Finance Institutions of Kenya (AMFI)

2. Do I need to open an account to access a loan from Real People?

No, Real People is a non-deposit taking lender and does not require an applicant to hold a banking account with us.

3. Is there a maximum and a minimum amount I can borrow for Asset Finance from Real People?

Yes, they can finance for Asset Finance from  Kshs. 300,000-3,000,000/=

4. Do you finance any type of vehicle or machinery that I require?

They will review the type of asset applied for, its age, make, quality, reliability, durability as well as what you qualify for from your cash flows or pay slip.

5. Do you require a valuation report?

Yes! RPKL will organize for the valuation, paid for by the client, from accredited firms within their panel of valuers.

6. Who does the valuation report?

They have a panel of valuers who are authorized to value assets being financed by Real People Kenya Limited.

7. How can I pay my loan?

You can pay your loan using any of the below methods of payment

Method 1: Cheques, EFT, Standing Order etc.

Method 2: Paying Via Bank Deposit

To pay your loan via bank:

Deposit the money to any of the following banks:

BANK	ACC. NO	BRANCH NAME	ACCOUNT NAME
KENYA COMMERCIAL BANK (KCB) – KES	1107083826	MOI AVENUE NAIROBI	REAL PEOPLE KENYA LTD
CFC STANBIC BANK	0100000142338	INTERNATIONAL LIFE HOUSE (ILH)	REAL PEOPLE KENYA LTD
EQUITY BANK	0810299578702	EQUITY CENTRE	REAL PEOPLE KENYA LTD

Indicate your name and contract number on the deposit slip and present the slip to any of our branch.

You will be issued with a Real People receipt thereafter.

Method 3: Paying Via M-Pesa

To pay your loan via M-PESA:

1. Go to Safaricom M-PESA menu on your phone.
2. Select Paybill and click OK

• Input 506200 as the Paybill number and click OK

1. Input your contract number as the account name and click OK
2. Input amount and click OK.
3. Input your M-Pesa pin number and click OK

 

8. After how long does one qualify for a top up?

A client is eligible to a top up any time after successfully servicing three monthly contractual instalments and based on headroom.

9. How can I check my loan balance?

You can either visit your nearest branch or send them a query through their inquiry form and they will send you your loan balance.

Real People Kenya Limited started operations in Kenya in the year 2006. They serve the Kenyan market through a network of 7 branches.