Stima Loan

StimaLoan is a Kenya Power initiative in partnership with the French Development Agency (AFD) through the Government of Kenya. It aims at connecting low-income families that cannot afford the connection fees upfront by giving them loans at 5% administration fee (one-off payment).  More than 49,000 Kenyans have benefitted (May, 2014) from the loan scheme with customers paying 20 % upfront with the balance payment spread out over a period of 24 months.