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Loan products

Loans for personal and business needs.

View loans for individuals, employees, groups, farmers, and businesses.

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Choose a loan

Compare our loan products.

We will explain who can apply, the documents needed, interest, and repayment terms before you accept a loan.

SME Loan

Financial support for working capital, inventory, expansion, equipment acquisition, and operational improvements.

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Salary Loan

Convenient financing for salaried employees, with repayments structured around the borrower's salary cycle.

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Personal Loan

Flexible financing for home improvements, family expenses, travel, ceremonies, and other legitimate personal needs.

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Group Loan

Inclusive credit for community groups, women's and youth groups, VSLAs, cooperatives, and other organized groups.

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Agricultural Loan

Financing for crop production, livestock, irrigation, farm inputs, equipment, harvesting, storage, and marketing.

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Asset Finance Loan

Acquire productive machinery, equipment, furniture, office technology, and other essential business assets.

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Emergency Loan

Quick access to funds for medical emergencies, accidents, urgent family obligations, and unexpected challenges.

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School Fees Loan

Finance tuition, accommodation, uniforms, books, examination fees, and other education-related costs.

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Vehicle Loan

Affordable financing for personal or commercial cars, motorcycles, commercial vehicles, and transport equipment.

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Business Expansion Loan

Capital for established businesses to expand operations, increase capacity, acquire inventory, or enter new markets.

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Why Melac?

We assess each request carefully.

We explain the process, assess affordability, and help customers understand their loan terms.

Discover the Melac difference โ†’

Clear and transparent

Straightforward guidance so you understand the process and your commitments.

Based on your needs

We consider the loan purpose and your ability to repay.

Flexible repayment

Practical repayment arrangements designed to support responsible borrowing.

Ongoing support

You can contact our team after the loan is issued.

Together We Illuminate.

Contact our team if you need help choosing a loan.

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