Every payslip, a path to affordable credit.
Seelam turns your company's payroll into a safe, revolving lending wallet — your team gets affordable credit instead of costly overdrafts, and you earn a return on capital that's already sitting idle.
A revolving wallet — the same capital funds loans again and again.
Your employees are already paying too much for emergency cash.
Every option available to them today prices risk against a phone number, not a payslip — and it shows in the rate.
Payroll is the safest collateral there is. We build on it.
You lend your own capital to your own staff, secured and repaid through payroll deduction — automated end to end, with no risk sitting on your books or ours.
Fund your wallet
Deposit capital into your company's dedicated Seelam wallet — a ring-fenced lending fund you control entirely.
Employees apply
Staff request a loan against eligibility rules you set — salary multiple, tenure, repayment term.
Auto-decision & disbursement
Seelam checks policy, approves automatically or routes to your review queue, and pays out to M-Pesa.
Payroll repayment
Deductions flow back into your wallet as principal — a revolving fund the same capital can lend out again.
Seelam is never the lender — it supplies the wallet, ledger, eligibility engine, and payment rails.
One platform, two very different problems solved.
Earn on idle cash
Turn reserves that sit idle into a revolving fund that returns interest with every loan cycle.
Automate what you already do
Replace spreadsheets and email chains with policy-driven approvals and instant disbursement.
Full audit trail
Every loan, approval, and repayment is logged — nothing lives in someone's inbox anymore.
Real visibility
See wallet balance, loan performance, and repayment health from one dashboard.
Your rules, enforced automatically
Set salary multiples, tenure minimums, and repayment caps once — the system applies them every time.
A benefit staff actually notice
Offer real financial support without adding operational complexity to your HR or finance team.
Fair, transparent rates
Know your full repayment amount up front — no compounding daily fees or hidden charges.
Fast decisions
Apply from your phone and get a decision in minutes, not days.
Straight to M-Pesa
Approved funds land in your M-Pesa account — no branch visit, no paperwork.
A schedule you can see
Track exactly what's deducted each payday and how much balance remains.
No debt spiral
One active loan at a time, sized to what you can safely repay — not what you might borrow.
Statements on demand
Download a clear repayment history any time you need it — for a landlord, a bank, or your own records.
A KES 100,000 loan, illustrated.
Seelam never holds your lending capital or takes on your credit risk — we earn a small commission on the interest your own wallet generates.
| Item | Description | Amount (KES) |
|---|---|---|
| Loan principal | Disbursed to employee | 100,000 |
| Interest (10%) | Total interest repaid | 10,000 |
| You keep | Returned to your wallet | 8,000 |
| Seelam commission | Platform fee per loan | 2,000 |
Simple, aligned pricing
- No cost to set up your company workspace
- A small monthly platform fee per active tenant
- A share of interest on every loan you fund and disburse
- No fee at all until your first loan is disbursed
We only earn when your lending program is actually working — there's no incentive for us to push volume you don't want.
Your money and your employees' data, handled properly.
Ring-fenced wallets
Every company's funds and data are fully isolated — no tenant can ever see another's.
Deduction caps enforced
The eligibility engine automatically respects Employment Act limits on payroll deductions.
Data Protection Act aligned
Employee data is handled under Kenya's data protection requirements from day one.
Direct M-Pesa rails
Disbursement and repayment run on Safaricom's Daraja API — the rail your team already trusts.
Before you set up your company
No. Seelam doesn't lend money and never holds credit risk. Your company lends its own capital to its own staff; Seelam supplies the wallet, the eligibility rules engine, and the M-Pesa rails that make it safe and automatic.
Every loan includes a signed letter of undertaking at origination, assigning final dues if employment ends before the loan is repaid. Your policy also controls maximum loan size relative to salary and tenure, which limits exposure from the start.
There's no cost to create your company workspace. Seelam charges a small monthly platform fee per company and a share of the interest on loans you fund — and we don't charge anything until your first loan is disbursed.
Your wallet is ring-fenced to your company and reconciled against every M-Pesa transaction automatically, with a full, immutable ledger of every credit and debit. Seelam never has discretion to move your funds outside your own configured lending flow.
Most companies are live within days: register, fund your wallet through the shared Paybill, set your lending policy, and invite your employees. There's no software to install and nothing for your IT team to maintain.
Yes. Policy changes — maximum loan size, interest rate, repayment term, approval mode — take effect for new applications immediately and never retroactively alter loans already in progress.
Ready to turn payroll into a benefit your team will thank you for?
Set up your company workspace in minutes, or come back once you're ready — your employees can log in the moment you've invited them.
Set up your company, or log in as staff.
For employers
Register your company, set loan policy, fund your wallet, and approve your first loans — usually live within a day.
Set up your companyFor employees
Check your eligibility, apply for a loan, and track your repayment schedule from your company's Seelam portal.