YOUTH ENTERPRISE LOANS
This loan facility is designed for groups of 10 youths or individuals aged 18-35 who want to venture into a business or are already in business.
Application Requirements
National IDs for all members.
Group constitution.
Cross-guarantorship.
Business profile for
existing enterprises or
business plans for start-ups.Physical Collateral(Individual).
Thresh Holds
Individual: K500,000 to K10,000,000
Member: K50,000 to K1,000,000
Group: K500,000 to K10,000,000
Tariffs and Interest rates
Fees: 3.5%
Insurance:1%
Interest (Reducing Balance) 2%
Repayment Period
6 to 12 Months
Turn Around Time
21 Working Days
Download Application Form
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