Laina Finance
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At Laina Finance, we offer both Sharia compliant loans and Conventional loans.

Standard

Conventional

loans

Are mortgage free loans which can be repaid up to 6 months

  • No Risk sharing

  • Loan has Riba

  • Late repay fee

Sharia compliant

Islamic

loans                                                  

These are loans that adhere to Shariah (Islamic law).

  • Risk sharing

  • No Riba

  • Late repayment fees goes to charity

Frequently Asked Questions

Which devices does Laina finance?

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Laina finance purchases electronics devices available in our partner network. For example phones like I-phone, Samsung, Vivo, Tecno, I tel, etc. And other devices like Television, washing machines, water dispenser, Microwave etc.

Does Laina have shops on their own?

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No , Laina does not have a shop, We only finance the purchase of item in the shops which have the contract with.No , Laina does not have a shop, We only finance the purchase of item in the shops which have the contract with.

Where are these shops located ?

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In order to know shops location please download our application or visit the Laina website or call our support call center number Application :Google store -> Laina Finance Website : WWW.lainafinance.com/ Support Number : 0677035717 OR 0768170000

Can i top up if i want the device that cost higher than the amount i qualify ?

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Yes, you can. But the top up amount will be paid directly to the retailer.

What happen if the customer is not paying the loan ?

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A penalty of 0.05% per day accumulates from outstanding loans until the full amount is cleared. And also we will lock a device for the customer who purchased iPhone.

What happens if you want to pay your device early?

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We allow payment before your deadline and this is recommended because it boosts your credit score and allows you to upgrade to even better devices and you can also get other loans from other institutions.

When is my first loan due ?

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Your payment is due 30days from the initial date of paying your first installment.

How and where do i make my periodic payment ?

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You can make payments by using the mobile network as follows:
1. Press *150*00#
2. Select 4 Pay by M-pesa
3. Select 4 Enter business number
4. Business number 259911
5. Enter reference number (write your phone number) 6. Enter amount
7. Enter PIN
8. Press 1 to confirm
9. You will receive confirmation sms

Or you can make payments through Laina Bank Account as follows:

1. *NMB BANK*- 24110003961
2. *CRDB BANK* - 0150619281900 3. *NBC BANK*- 011103040171
4. *EQUITY BANK* - 3004211794402

*ACC NAME:* *LAINA FINANCE LIMITED**

Who is responsible if the phone, Tv, Washing mashineis not working ?

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Resellers and brand owner are responsible for the performance and function under the warranty of the device, Laina is only limited to finance.

We revolutionize the way you make payments