Our Loans BFS Loan Product

Gari Yako Loan

Vehicle ownership support for business and private-sector employees who need payment facilitation to acquire a vehicle.

Who can apply?

Eligible applicants

Business owners and private-sector employees

Loan AmountUp to 50% of the vehicle value, based on assessment
Loan PurposeVehicle acquisition
Loan TermBased on assessment
RepaymentMonthly installments
Features

Vehicle ownership support for business and private-sector employees who need payment facilitation to acquire a vehicle.

  • Vehicle acquisition
  • Term: Based on assessment
  • Repayment: Monthly installments
  • Reviewed during assessment
Benefits
  • Reviewed by a dedicated BFS branch and risk team, not an automated decision
  • Clear repayment schedule agreed before disbursement
  • Ongoing support from your account officer through repayment
  • Transparent terms with no hidden charges
Requirements

Eligibility

  • Business owners and private-sector employees
  • Fully completed loan application form
  • Local government identification
  • One passport photo of the applicant
  • Valid National ID or other acceptable identification
  • Bank statements relevant to the loan type

Collateral

  • Reviewed during assessment

Documents

  • Fully completed loan application form
  • Local government identification
  • One passport photo of the applicant
  • Valid National ID or other acceptable identification
  • Bank statements relevant to the loan type
  • Photos or documents of collateral where required
FAQs

Questions about Gari Yako Loan

Who can apply for the Gari Yako Loan?

Business owners and private-sector employees.

How much can I borrow?

Up to 50% of the vehicle value, based on assessment.

How long do I have to repay?

Based on assessment, repaid monthly installments.

Ready to apply?

Start your Gari Yako Loan application now.

Fill in a short online form with your details and the amount you need. The BFS team will contact you to confirm documents, assess repayment capacity, and guide you through the next steps.

Start Application