Kray Microfinance

Kray Microfinance

Kray Microfinance

Kray Microfinance is a Tier 4 digital non-deposit-taking microfinance institution based in Uganda. Established in 2012, it specializes in providing accessible financial services to micro, small, and medium-sized enterprises (MSMEs) through digital platforms.






? Branch Locations


Head Office:





  • Kireka-Kyaliwajjala Road, after Unik Hotel




City Center Branch:





  • French Plaza, Level 1, Room 65, Kampala







? Contact Information






? Services Offered


Kray Microfinance provides a variety of loan products tailored to different customer needs:





  • FastFix Loan: An introductory loan for first-time borrowers, up to UGX 500,000, repayable over 8 weeks.




  • MicroBiz Loan: For repeat borrowers with good repayment history and business growth.




  • Salary Advance Loan: Short-term loans for salaried individuals.




  • SME Loan: Designed to support small and medium enterprises with operational funding.




  • Rider’s Loan: Daily fuel loans for commercial motorcycle riders.




  • Asset Financing: Assists clients in acquiring assets like land or household items through manageable installments.




Additionally, Kray offers micro-insurance products to enhance financial security for its clients.






? Digital Access


Kray Microfinance emphasizes digital accessibility:Mobile App: Available on the Google Play Store, allowing users to apply for loans, manage accounts, and access services.





  • USSD Code: Dial 217332# to access services without the need for internet connectivity.







? Loan Terms & Eligibility




  • Loan Amounts: UGX 50,000 to UGX 5,000,000




  • Repayment Period: 61 days to 12 months




  • Fees:





    • Application Fee: UGX 30,000




    • Processing Fee: 7% of the loan amount






  • Eligibility Criteria:





    • Ugandan resident aged between 18 and 55 years




    • Stable source of income




    • Verifiable cash flow




    • Registration through a field officer or physical onboarding process





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