Micro industry loans
Small and Medium Entrepreneurs that wish to set-up or scale-up manufacturing or processing or manufacturing plants.
Application Requirements
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National IDs applicant (s) and spouse plus Guarantor
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Business Registration Certificate
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Business plan with relevant financials
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Copies of Collateral title documents
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Relevant production licences
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Colour photos of Guarantor and Spouse (where applicable)
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Sketch map to residence
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Sketch map to business premises
Threshold
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K30,000,000 to K250,000,000
TARIFFS AND INTERESTS
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Processing fee: 3.5%
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Insurance:1%
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Interest: 4.0% pm
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REPAYMENT PERIOD
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6 to 36 months Minimum Grace period of 1 month may be granted
Turn around time
21 working days
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