GENERAL TRADING LOANS
Individuals, partnerships, or private limited companies with well-established and registered businesses or have bankable business.
Application Requirements
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National IDs
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Bank statement for existing business
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Sketch Map to place of residence and business premises.
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Business profile for existing enterprises/business plans for start-ups
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Passport Sized Photo (Colour)
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Financial statements/ Business records
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Identification letter from Village Head or local leader in an urban location
THRESHOLD
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K5,000,000 to K250,000,000
TARIFFS AND INTEREST
Processing fee: 5.0%
Insurance:1%
Interest: 4.5% pm
REPAYMENT PERIOD
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6 to 24 months Minimum Grace period of 1 month may be granted.
Turn around time
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21 working days
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