In search of a lending platform that provides funds for your businesses, community support, trade finance, salary advancement, Agribusinesses, youth and women support loans, progressive credit is the best option. In Kenya, Progressive Credit is fast growing and helping people with various loans to solve their emergency needs.
We have conducted research and will take you through progressive credit and everything you need to know.
About Progressive Credit
Progressive Credit is one of Kenya’s reliable lending agencies with different products channelled towards human capacity building. They ensure customers get easy access to money when they need it and apply innovative methods to render services to their customers. They also challenge existing methods of lending and strive to solve the financial need of the people. In conclusion, Progressive Credit believes they are mandated or called to be passionate about service delivery and honest over what they do.
Products offered by Progressive Credit
Progressive Credit offers a range of loans services which range from;
- Business loans
- Youth and women’s loans
- Salary loans
- Community support loans
- Trade finance
- Agribusiness loans
Progressive Credit business Loans
They provide a quick, flexible and reasonable amount to business startups and entrepreneurs. They also render loans to micro, SMEs, and corporate businesses in Kenya. Just get the requirements ready and you can apply for the loans.
Requirements for Progressive Credit Business Loans.
Requirements for this kind of loan include:
- Six (6) months’ bank statements
- Identification documents– National ID or passport and KRA PIN.
- Present your security backup like logbook, title deed, and other required things. For registered businesses, bring along registration documents.
Youth and women’s loans
They provide personal and business loans for youths and women alike. As a youth and a woman in Kenya, you can apply for progressive credit loans and get it instantly once you qualify. They make their repayment flexible. The youths and women don’t feel it when repaying.
Salary Advance Loans
Permanent employees who need funds for personal reasons can go for progressive credit salary advancement. The fund keeps you afloat till your next salary enters. As a salaried employee, you can run short on cash and not meet up with your financial obligations. Get your requirements ready and proceed to their website to apply.
Salary advance loans requirements
Requirements for progressive credit salary advance loans include:
- Original copies of your & PIN for verification
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- Latest three (3) months’ payslips
- Recent four (4) months’ bank statement.
- Evidence of securities like logbook, title deed, shares for listed companies, etc.
Who is qualified for progressive credit salary advancement loans?
They offer this type of loan to permanent and salaried employees. The fund can take care of your emergency needs. You pay the loan back through salary deduction.
How to get started with progressive credit salary advance loan
You can apply online and submit your personal information and necessary documents. Another option is the company’s agent working you through the application process.
Progressive Credit Community support loans
Under this type of loan, we have various loans that fall below it. They are:
- School fees loans
- Emergency loans and
- Medical loans
School Fees Loans
Customers go for this type of loan to pay up their children’s school fees. You apply online and specifically state it clearly that it’s a school fees loan. You can collect the loan and pay conveniently.
Emergency Loans
This type of loan is for emergency needs. You apply when you need urgent money. Once you qualify, they quickly disburse the money to your mobile money account.
Medical Loans
Medical loans are a type of loan with progressive credit for clearing medical bills. They settle the accumulated bills and you pay back conveniently.
Progressive Credit Trade finance loans
Progressive Credit issues quick unsecured bid bonds to assist you secure tenders to take advantage of opportunities in the market. They also partner with reputable banks in Kenya to carry out this task.
Requirements for trade finance loans
Requirements for trade finance loans include:
- Copies of ID & PIN of the borrower (Original ID to be presented for verification)
- Your Tender documents
- Payment of fees/commission
Progressive Credit Agribusiness Loans (Kilimo Cash)
Agribusiness loans are used to finance farmers and Agro-entrepreneurs. The farmers use the fund to purchase farm inputs and fertilizers for crop farming. In addition, they also design the loan to cover commercial farmers in purchasing crops for planting. They design agribusiness loans in Kenya to finance and improve the livelihoods of rural smallholder farmers and Agro-entrepreneurs. They tailor agribusiness loans to assist agribusiness value chain players in facilitating the purchase of agricultural inputs.
Requirements for Agribusiness loans
Requirements for Agribusiness loans include:
- Past one (1) year bank statement
- Proof of business experience
- Security documents like logbook, title deed, and the rest applicable.
Note: We recognize that some clients may not have the security or credit profile to qualify and meet up. They advise the primary Farmers to contact the lending agency directly based on their needs.
Things you would stand to gain when you choose Progressive Credit
- Have access to the most competitive agric-business loan rates in Kenya.
- Flexible payment duration.
- Convenience of access to funds to fuel your production costs such as seed, fertilizer, chemicals, fuel, animal feed, ploughing tools & equipment and tractors, etc.
- Progressive credit has gone beyond funding of business entrepreneurs. It has provided financial freedom for wealth creation in Kenya.
How to contact progressive credit
You can visit them at their head office @
Sanlam House, 3rd Floor, Kenyatta Avenue, Nairobi. P.O Box 64036–00620, Nairobi. Their Tel is: +254 20 2222040.
Contact them on mobile at: +254 702 698577. You can also email them @ info@progressivecr.com
Conclusion
Progressive Credit offers different loan products suitable for every human need. If you are a citizen of Kenya and need any sort of funding, visit progressive credit. They have outstanding customer support that is ever ready to guide you through the loan process. Take a bold step and get the funding you need today. Be it your business funding, emergency loan, Agribusiness loans, and other products.