Pay 50% of your desired asset and have it with the Afroteller Asset finance loan.
For a client to qualify for the product
- Must be an adult between 24 -60 years of age as a first-time borrower.
- Should have affordability to repay the loan advanced including interest and any fees.
Requirements.
Below are some of the requirements for Individuals and Companies:
Individual
- Posses 50% cash value of the asset you intend to purchase
- Copy of original National ID or Passport – Mandatory.
- TIN / TIN Certificate – Mandatory at loan completion.
- Current passport photo – Mandatory
- 6 months Bank statement – Mandatory
- 3-6 months mobile money statements – Upon request
- Completed probation period for salary earners or a valid employment contract.
- Personal post-dated cheques / Current account.
- CRB – Upon request.
Companies
- Posses 50% cash value of the asset you intend to purchase
- Certificate of incorporation
- Certified MEMATS
- Authority to borrow- Certified
- TIN/ URA TIN Certificate
- Bank mandate (if the director is using company statements to borrow