Musoni M-Pesa Paybill number; How to make loan repayments to Musoni Via M-pesa.

Musoni Microfinance was founded in 2010 and is the first MFI to be 100% cashless and leverages innovative technology to provide financial services to micro-entrepreneurs and small-holder farmers in Kenya. It is a fast-growing microfinance institution (MFI) that has created a fully automated, mobile -based banking platform to service its clients. Customers can make loan repayments through musoni M-pesa paybill number wherever they are.

How to Pay Musoni Loan via Musoni M-pesa paybill number

You can pay the loan when due via mpesa Paybill 514000 or by visiting any nearest musoni MFI branch. Here are the steps to follow when paying for the loans using your M-Pesa.

1. Open your M-Pesa menu.
2. On your M-Pesa menu, click Lipa na M-Pesa.
3. Click Pay Bill and enter the pay bill number 514000 
4. Enter your ID number as your account number.
5. Enter the amount you wish to repay on your loan.
6. Enter your M-Pesa PIN.
7. You will receive and M-Pesa message to confirm that your payment has been received and another message from Musoni to confirm that you loan has been paid.

 How to apply for a loan

Musoni Wealth Creation Officers (WCOs) will guide you through this simple process using the latest tablet and software technology. Group clients will get 4 weeks of professional training.

Dial USSD *646#

What is required:

Individual Loans

• Original ID, PIN
• Valid M-PESA number
• Business permit/ registration certificate
• Business records for at least 6 months
• Business operations for at least 12 months
• Loan security (Log Book, Title Deed, Household goods, business assets)
• Bank and M-PESA statements for at least 6 months

Group Loans

• Original ID
• Valid M-PESA number
• 10-30 members, each with businesses, farming, at least 6 months

Musoni Mpesa Paybill Number

You can use M-PESA bank paybill numbers to deposit money into a number of banks in Kenya. The USSD codes are used for Bank to Mpesa Transfers and bank paybill number from M-pesa to the bank account.

Find the Musoni Mpesa paybill number and USSD below:-

M-PESA to Bank PayBill Number: 514000

USSD for Bank to M-PESA: *279#