Financial Support You Can Count On
Lumo Financial Services Limited is an institution that specializes in providing financial services to both public and private employees. The company was incorporated on 10th September 2019 under Companies Registration No. 120190007100, as a limited company by shares.
At Lumo, we aim to pursue and unlock the vast potential in individual customers who need liquid cash to run day-to-day businesses and meet pressing family commitments. Our products are designed to empower clients to improve their standard of living and achieve their full potential, which has often been elusive due to the perceived risky nature of providing financial services.
Discover Our variety of loans
Our Offering
Personal / Soft Loans
We offer personal loans of up to k20,000 with a maximum repayment period of 3 months. These can either be Collateral or payslip based. They come with a flexible tenure (3 months) which is ideal for our clients who don’t like long term facilities.
Collateral-Based Loans
Collateral-based loans are offered against security such as assets or property, making them suitable for clients without payslips but with collateral to back their loan. They come with flexible repayment terms and competitive interest rates.
Salary Advances
Salary advances are short-term facilities designed to cover urgent needs before month-end, with loan amounts ranging from K300 to K5,000. The repayment period is between 1 and 30 days, making them a quick and convenient solution for clients who need urgent relief .
Loan Requirements
Applicants must have stable and verifiable employment
Income must reflect in a recognized bank account.
Proof of monthly earnings is required for assessment.
Shows income deposits and financial activity.
Valid identification to confirm eligibility.