The entry of Dream Credit Limited into the micro-finance sub-sector has taken the money- lending industry by storm owing to its fast and affordable credit products.
Other players have been forced back to the drawing board in a bid to remain relevant in money-lending competition that the new kid on the bloc has literally zoomed upwards through its modern technology.
Some of the clients talked of a mission-driven financial institution that has completely revolutionized
money world through quality services and affordable financial solutions to its customers.
An insider at the lender that boasts of speedy, hustle-free loan processing timelines pointed that it would take a client a period of 24 hours to get the cash upon certification.
“Here at Dream Credit, we value integrity, quality service, respect and courage,’’ the junior officer added, pleading for anonymity.
The institution offers affordable interest rates with no hidden charges, convenient and flexible repayment period with no penalty for early repayment.
Dream Credit has tailored its products in easy and friendly terms for customers with diverse interests including business loans that are advanced to further a business venture.
Under this platform, the beneficiaries get easy access to cash to boost business capital, clear import duties or meeting obligations to the business service provider.
Ordinarily, it is tailored to meet all business needs, also offered for local purchase order financing or invoicing.
The financial institution also boasts of its innovative car loan, a product that enables one to get access to assets such as motor vehicles, land among others.
The creativity comes in on the knowledge with the product, the asset is jointly owned between the lender and the customer until the facility is repaid in full.
But what is giving competitors sleepless nights is a product christened consumer loan as it focuses on both salaried and self-employed individuals who require financing for personal use such as school fees, medical bills and among other social demands.
As for the case of travel agent loan, their clients have all the reasons to smile all the way to the bank, given the flexible repayment period of up to one month. A spot-check revealed constant beehive of activity at the Dream Credit head office, at Nairobi’s central business