Mbaraka Credit Company - Loan Application

Personal Details

Full Name:
Phone Number:
Email Address (Optional):
National ID Number:
Address:
County:
Subcounty:
Area Specification:
Loan Amount Requested (KES):
Repayment Option:	Weekly Monthly

Guarantor Details

Guarantor Full Name:
Guarantor Phone Number:
Guarantor Email (Optional):
Guarantor ID Number:
Guarantor Address:
Guarantor County:
Guarantor Subcounty:
Guarantor Area Specification:

Document Upload

Note: All documents must be in JPEG, PNG, or JPG format. Maximum file size: 5MB per file.

Applicant ID Front:
Applicant ID Back:
Applicant Passport Photo:
Guarantor ID:
Guarantor Passport Photo:

Collateral Information (Optional)

I have collateral to secure this loan

Agreement & Terms

User Agreement Policy

MBARAKA CREDIT COMPANY - LOAN AGREEMENT TERMS

1. LOAN TERMS AND CONDITIONS

By applying for a loan with Mbaraka Credit Company, you agree to the following terms:

Loan amounts range from KES 1,000 to KES 20,000
Processing fee of KES 250 applies to all loans
Interest rates are determined based on credit assessment
Repayment options: Weekly or Monthly as selected
Default interest rate of 10% applies to overdue amounts

2. BORROWER OBLIGATIONS

Provide accurate and truthful information
Make timely payments according to agreed schedule
Notify us immediately of any changes to contact information
Use loan funds for intended purposes only

3. GUARANTOR REQUIREMENTS

Guarantor must be a different person from the borrower
Guarantor is liable for loan repayment in case of default
Guarantor information must be accurate and verifiable

4. PRIVACY AND DATA PROTECTION

Your personal information will be kept confidential
Data may be shared with credit reference bureaus
Information used for loan processing and risk assessment

5. DEFAULT AND CONSEQUENCES

Late payments incur penalty charges
Default may affect credit score and future loan eligibility
Legal action may be taken for non-payment

6. CONTACT INFORMATION

For queries, contact us through the provided channels in the user dashboard.

I have read and agree to the above terms and conditions

Digital Signature

By submitting this form, I hereby digitally sign this loan application and certify that all information provided is accurate and complete.

Full Name: [Your name will appear here]

Date: December 6, 2025

Application ID: MCL-2025-2648