loans

Types Of Personal Micro Loans we offer

Salary Backed Loans

Salary Advances

Longrun Finance primary product is personal loans secured by customers’ salaries. The maximum repayment term for any loan is 24 months, with a 4% monthly interest rate. This flagship product is designed to provide workers with affordable cash loans for personal use.

An additional product is the Salary Advance Loan, available to customers at a 20% interest rate. This product is designed to help workers access affordable cash for immediate short-term financial needs, such as school fees, medical expenses, or general emergencies.

What Are Our Conditions?

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Individuals in formal employment(civil servants) are required to provide:

  • Original payslips
  • Copy of National Registration card
  • Three latest payslips
  • Employee number
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All customers require a guarantor from their organization’s finance department.

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All customers require a guarantor from their organization’s finance department.

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All customers require a guarantor from their organization’s finance department.

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A co-signer, preferably the human resource manager from their respective organizations, is also required.

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The higher the amount sought, the more extensive the due diligence and more rigorous guarantees are required.

Payment Schedule