Upon receipt of completed documents, SME loans from 2,000,001 to 20,000,000 can be accessed easily from Microcred.

These SME loans from Microcred can be repaid in one to 24 months.

Hence, you have to be in business for a minimum of one year to access a loan from Microcred.

Also, it is important to note that loans are accessed based on the repayment capacity of your business and not on your collateral.

Loans from Microcred are insured in the event of fire outbreak, permanent disability and death.

Once you have applied for a loan, there would be a close follow-up to make sure your application will be managed within 72 hours. From then, loans are quickly processed for faithful clients

Steps To Accessing A Loan From Microcred

  • Go to a Baobab branch with your national ID card, 1 picture and 1 proof of residence
  • Baobab will open a current account where your loan will be disbursed
  • Fill the loan application form and indicate the amount you need
  • Pay the fees to open your account and the fees for the loan application
  • A Portfolio Manager will contact you shortly to visit and assess your business


For more information, you can visit – microcred.com