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