KuulaBusiness loans
Short-term loans for businesses that are already trading, for stock, working capital, equipment and growth.
What you can use a Kuula loan for
Stock and inventory
Buy goods to sell, from produce and household items to hardware, clothing and phone accessories.
Working capital
Pay suppliers, rent and transport while your own customers settle what they owe you.
Equipment and tools
Buy, upgrade or repair equipment such as freezers, sewing machines, salon chairs or tools.
Expansion
Fund a new product line, a second location or a larger order that your business can deliver.
The loan at a glance
- Terms from 30 to 365 days.
- Simple interest at 33.6% a year, and no fees.
- Paid to your MTN or Airtel Mobile Money number.
- Repay in part or in full through Mobile Money, at any time before the due date.
- The full cost and the due date are in your offer before you accept.
How much you can borrow
Your limit is set during your review from what your business earns after its costs, your trading history and your existing debts.
First loans are deliberately modest. Each loan you repay on time can raise the limit for your next one.
Business lending only
Kuula does not offer personal, salary or emergency loans, and it does not take savings or deposits. Every loan must be for a business purpose that the business can repay from its own trading.
Formal or informal
You do not need a registered company. Market vendors, home-based businesses and registered companies can all apply. What matters is a real, ongoing trading activity that we can verify.
Find out what you could borrow
Apply on your phone. You will see your offer and its full cost before you decide.