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

• Phone: +256 782 055 689 / +256 707 888 001

• Email: kray@kraymicrofinance.com

• Website: kraymicrofinance.com

💼 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