Loans
Insurance Services
Trade Finance
Islamic Finance
We bring on board more than 24 years’ senior management experience and knowledge in the microfinance industry required to support customers
1. Loans
Loans
Mshahara Loans
At Fincorp Credit, we provide mshahara loans that give you the financial assistance you require at the precise moment you require it.
Okoa Biashara Loan
Entrepreneurs face different opportunities as well as emergencies. This requires a financial partner in sync with day-to-day realities
Logbook Loan
Fincorp is available to offer a hassle-free solution in times of monetary emergency
2. Insurance Services
Insurance Services
General
At Fincorp Credit, our mission is to be your trusted partner in ensuring WIBA compliance and financial security for your business and your employees.
Life
Fincorp understands that construction projects are fraught with uncertainty.
Medical
Fincorp Credit understands that your heavy machines and equipment are the backbone of your construction company.
3. Trade Finance
Trade Finance
Bid Bonds
As Kenya’s first Trade Financing Hub, Fincorp Credit has partnered with Commercial Banks, Micro-Finance Banks, and Trade Credit Insurance Agencies
Performance Bonds
Fincorp Credit has entered into tripartite agreements with banks and insurance firms, reducing the collateral barrier, in response to the standard collateral requirements by banks to acquire performance guarantees.
Custom Bonds
Fincorp Credit through its partner banks and insurance companies offer custom bonds to importers to allow the release of cargo to avoid incurring storage and demurrage charges.
4. Islamic Finance
Islamic Finance
Murabahah
Murabahah is a sale contract in which an individual or entity sells an asset at cost plus an agreed profit. The sale price could be paid on a spot or deferred basis.
Tawarruq
An Islamic financial product and is for customers who want to access products that are not necessarily asset-backed
Ijara
The term Ijara (leasing) in Arabic means to give something on rent.
News & Blogs
Insurance brokers ink security guarantee deal to boost liquidity
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It was all pomp during the 3rd anniversary of empowering communities.
The Founder and CEO, Fincorp Credit Limited (FCL), Gibson Wachaga, during a very special day for FCL Family. “We are proud to be associated with the 3rd anniversary celebration of our company today, 19th February 2023, on this occasion, I recall with gratitude the initiative of the pioneers of this great institution who had a…
Fincorp Credit Limited 2023 – 2025 strategic plan
The Founder and CEO, Fincorp Credit Limited (FCL), Gibson Wachaga, launched on 25th February 2023 its new and innovative Strategic Plan 2023-2025 at Radisson Blu Hotel, Nairobi. He announced the next phase of FCL’s people-led, digitally enabled strategic plan. The plans include a series of investments in people, products and technology intended to grow FCL…
Fincorp Credit Limited (FCL) and Sulh Consultancy (SC) partnered to promote Shariah Compliant products
Fincorp Credit Limited (FCL) and Sulh Consultancy (SC) agreed to partner to promote Shariah Compliant products at FCL by signing a Letter of Understanding (LoU). The LoU signing took place at FCL Offices at Ecobank Towers Building, on Tuesday, 25th October 2022. FCL successfully registered with Bursa Malaysia Islamic Services (BMIS) as a Commodity Trading…