Loan Product Details

Loan Product Details

Individual Loan Product
Target Market
  • Cooperatives in Agriculture, Wholesale or Retail Trade, Mining, Financial Services and any emerging sectors. Thus production, marketing and value addition.
Objectives
  • Contribute to socio-economic development.
  • Promote job creation.
  • Entrench entrepreneurship spirit
Requirements
  • Cooperative Certificate from Government.
  • Rules of Engagement or Constitution.
  • National IDs for all paid up members (subscribers)
  • Sketch map to collective enterprise
  • Sketch of map to residences of the executive committee of the cooperative.
  • Colour group photo.
  • Association Registration Certificate where applicable.
  • Letter of Identification from any primary cooperative to which applicant is affiliated.
  • Title documents to assets.
Thresholds
  • Above K30.0 million to K250.0 million
Collateral Requirements
  • Land (Registered and Unregistered Land)
  • Vehicles
  • Woodlot/Orchard
  • Plant and Equipment
  • Household Chattels
  • Furniture, Fixtures and fittings•
← Back