Terms and Conditions


The Springboard Capital (the “Microfinance Company”) 10 year Anniversary Refer a Friend Bonanza (the “Offer”) is available till 1st October 2021. 

“Friend, Colleague or family member” refers to known friends, family members, workmates with whom you have a close friendship, personal or family relationship which includes direct, voluntary, two-way communications, and who has confirmed that they want to receive the communication. Each time you make a referral, you represent and warrant to us that you have a close personal or family relationship (as defined above) with the individual that you refer that complies with these terms. 



This Giveaway is a part of Springboard at 10 anniversary Campaign, therefore it is open to everyone who fils up the application at (WEB LINK) and follow Springboard Capital Facebook, Twitter and Instagram profile and who are 18 years of age or older as of the date of entry. The Campaign is only limited in Kenya and is void where outside the territory of Kenyan and prohibited by law. Employees of Springboard Capital and immediate family members and/or those living in the same household of Employees are not eligible to participate in the Campaign. The Campaign is subject to all applicable federal, state, and local laws and regulations. Void where prohibited. 

  • “Referrer”: A individual who has referred Potential Customer(s) 
  • “Referral”: means a Potential Customer referred by Referrer under the Program. 


Referral Bonus Conditions: 

Referral Bonus- receives a shopping voucher of stated amount depending on the loan amount the Qualified referred client applies for. The breakdown is a follows 

  • Ksh 100,000 to Ksh 249,999 will be eligible for Ksh 1,000/= 
  • Ksh 250,000 to Ksh 499,999 will be eligible for Ksh 1,500/= 
  • Ksh 500,000 to Ksh 749,999 will be eligble for Ksh 2,000/= 
  • Ksh 750,000 to Ksh 999,999 will be eligble for Ksh 2,500/= 
  • 1,000,000 and above will be eligible for Ksh 3,000/= 

In order for the Referred Client to become qualified, the following conditions must be met. 

  • Referred client submit all the requirements for the desired product. 
  • Referred client should have filled the loan application form. 
  • Referred client should have paid the Ksh 1,500/= application fee. 
  • Referred client should have paid for the valuation in the case the Motor Vehicle is used as collateral. 
  • In the case a title deed is used as collateral, the customer should have paid the application fee as stated above and provided all the requirements. 

Referral Bonus will only be deposited to your Mpesa Account after Filling in A Referral Bonus Form.  

Referrers have no limit on the number of referrals they can share with Springboard Capital. 

If the Referral had already been referred to Springboard Capital earlier through our Refer a Friend Program by another referrer and the referral bonus credited, the ‘’Late” Referrer will not be eligible for a Referral Bonus. 

Refer a Friend program referral cap will not be adjusted or reset until the completion of the 1st October 2021 Refer a Friend Campaign is complete. 

Consent to the Springboard Capital Ltd to disclosing your name. 


Winner Notification:  

Winners will be notified by the email or through phone call and in a post on our social platforms by the end of each WEEK of the campaign and will be required to collect the prize from our Head Office at CPA Centre within 2 weeks after notification. Springboard Capital shall have no liability for Winner’s failure to receive notices due to spam, junk e-mail or other security settings or for Winner’s provision of incorrect or otherwise non-functioning contact information. If Winner cannot be contacted, is ineligible, fails to claim the prize within two (2) weeks from the time award notification was sent, the prize may be forfeited. Receipt by the Winner of the prize offered in this Campaign is conditioned upon compliance with the laws and regulations. ANY VIOLATION OF THESE OFFICIAL RULES BY WINNER (AT SPRINGBOARD CAPITAL SOLE DISCRETION) WILL RESULT IN WINNER’S DISQUALIFICATION AS WINNER OF THE CAMPAIGN, AND ALL PRIVILEGES AS WINNER WILL BE IMMEDIATELY TERMINATED.


Springboard Capital Limited Staff, Shareholders, and Board of Directors will be exempted from participating in this Referral Program. 

Springboard Capital reserves the right at its absolute discretion to vary, delete or add to any of these Terms and Conditions from time to time without prior notice. In the event of a conflict, these Terms and Conditions will prevail over any of the contents of any brochure, promotional materials or statements, or any other communication regarding this Offer, whether written or oral from the Springboard, except where otherwise stated. 

Springboard Capital reserves the right at its sole discretion to, without advance notice, terminate or suspend the Offer, in whole or in part, or modify it in any way. 

Springboard Capital reserves the right, at its sole discretion, to suspend, disqualify, limit or revoke this Offer for any Account holder it finds or believes to be manipulating or otherwise abusing the process, fairness, or integrity of the Offer or otherwise becomes ineligible. Referral Bonuses earned through fraudulent activities or activities in violation of these Terms and Conditions will be null and void and repayment may be requested by Springboard Capital. 

By accepting this Offer, you agree that you have read and understood these Terms and Conditions and agree to be bound by them. Any notice offered by us concerning this Offer is deemed to be provided on the day it is posted on our website.