Our Commitment to Sustainable. Development
1
Reducing Poverty and Inequality
By providing accessible financial services, we helps individuals and small businesses improve their livelihoods, contributing to poverty reduction.
Our inclusive approach to lending, such as not requiring collateral or guarantors, helps reduce inequalities by providing financial access to those who might be excluded from traditional banking services.
- 80% of our clients reported improved household income.
- 50% of clients came from rural or marginalized areas, giving everyone a chance to grow.
- 3,000 families benefitted indirectly from the success of their businesses.
5
Supporting Women in Business
We offer loans to women-owned businesses and have policies promoting equal access to financial services regardless of gender. - 60% of our loans were issued to women-owned businesses.
- 45% of these women expanded their businesses within the first year.
- Helping women succeed with fair and accessible financing.
8
Driving Economic Growth
By supporting small businesses and entrepreneurship through loans, we contribute to economic growth and the creation of decent jobs.
- 70% of businesses grew their revenue by 15% within a year of receiving loans.
- 85% of loan recipients successfully repaid their loans via M-Pesa.
- Offering a 25% interest rate , with no hidden fees and flexible repayment plans.
9
Innovating and Expanding
Facilitating access to finance for small businesses encourages innovation and supports the development of infrastructure, particularly in underserved areas.
- 30% of businesses used their loans to invest in new technologies or expand their services.
- 25% of clients entered new markets, growing their business reach.
10
Reduced Inequalities
Our inclusive approach to lending, such as not requiring collateral or guarantors, helps reduce inequalities by providing financial access to those who might be excluded from traditional banking services.
17
Partnerships for the Goals
We collaborate with other organizations, governments, and international bodies to extend its reach and impact, it aligns with this goal by contributing to global partnerships for sustainable development.
- 10 strategic partnerships formed with NGOs, government agencies, and business development centers.
- 1,000 business owners received training in financial management and business growth.
Our Commitment to Sustainable Development.
At Palla Credit, we believe in making a positive impact on the communities we serve. Our financial products and services are designed not only to support small businesses but also to contribute to global sustainability. We're proud to align our efforts with several United Nations Sustainable Development Goals (SDGs).
5000+
Loans disbursed in 2024, Supporting small-scale business owners across kenya.
95%
of loans issued without collateral or guarantors, making finance accessible to all
80%
of loan reciepent were first-time users of formal financial services
100,000
Average Loan size
10,000+
Jobs Created through businesses we've funded.
60%
of our loans were issued to women-owned businesses.
Vision for the Future
Our mission doesn’t stop here. As we continue to support small businesses across Kenya, our commitment to empowering entrepreneurs remains stronger than ever. Over the next five years, our goal is to provide 10,000 more small businesses with the capital they need to grow and thrive. By driving economic growth and fostering innovation, we’re building a brighter future for our communities.
Be a part of this exciting journey! Whether you're a small business owner looking to expand, a partner eager to collaborate, or someone who believes in the power of entrepreneurship, there’s a role for you in our story. Join us in empowering the next generation of Kenyan entrepreneurs. Learn how you can get involved today.