GENERAL TRADING LOANS

Individuals, partnerships, or private limited companies with well-established and registered businesses or have bankable business.

Application Requirements

  • National IDs
  • Bank statement for existing business
  • Sketch Map to place of residence and business premises.
  • Business profile for existing enterprises/business plans for start-ups
  • Passport Sized Photo (Colour)
  • Financial statements/ Business records
  • Identification letter from Village Head or local leader in an urban location

THRESHOLD

  • K5,000,000 to K250,000,000

TARIFFS AND INTEREST 

    •  Processing fee: 5.0%
    • Insurance:1%
    • Interest: 4.5% pm

REPAYMENT PERIOD 

  • 6 to 24 months
Minimum Grace period of 1 month may be granted.

Turn around time

  • 21 working days