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Microfinance Act

16. Application for loan or credit facility

Edition: 2024-12-27 · In force

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16. Application for loan or credit facility

(1)Any person may apply to an institution or non-deposit-taking microfinance business for a loan or credit facility.
(2)A person who applies for a loan or credit facility under subsection (1) shall provide evidence of his ability to repay the loan or credit facility.[Act No. 20 of 2024, s. 18.]
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Source: Kenya Law