Micro industry loans

Small and Medium Entrepreneurs that wish to set-up or scale-up manufacturing or processing or manufacturing plants.

Application Requirements

  • National IDs applicant (s) and spouse plus Guarantor
  • Business Registration Certificate
  • Business plan with relevant financials
  • Copies of Collateral title documents
  • Relevant production licences
  • Colour photos of Guarantor and Spouse (where applicable)
  • Sketch map to residence
  • Sketch map to business premises

Threshold

  • K30,000,000 to K250,000,000

TARIFFS AND INTERESTS

    •  Processing fee: 3.5%
    • Insurance:1%
    • Interest: 4.0% pm

REPAYMENT PERIOD

  • 6 to 36 months
Minimum Grace period of 1 month may be granted

Turn around time

  • 21 working days