Employees of the private sector, parastatals, and other government agencies not on civil service payroll. Repayment should be directly from the source.

Application Requirements With Employer's MOU With NEEF
  • Memorandum and Articles of Association for employer (subscribers)
  • Company profile
  • Minimum of 10 member staff compliment
  • Financial Statements for the employer
  • Employee’s National ID.
  • Employer’s letter of confirmation of status of employment
  • Duly Authenticated Bank Standing Order in favour of NEEF.

Thresh Holds

  • K500,000 to K30,000,000

Repayment Periods

  • 3 to 36 Months  
    NO Grace period is applicable 

Tariffs and Interests

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

Turn Around Time

  • 21 working days