SME LOANS
BUSINESS LOANS
AGRICULTURAL LOANS

Development Loans

Group Loans

Loan size:

KES 5,000 - KES 350,000

Maximum term:

12 Months

Business existence:

Minimum of 12 Months

Own contribution:

None

Security(Collateral required):

150%

Documents required:

Certified 6months Bank statement

National ID copy

KRA Pin Certificate copy

Business Permits/Practicing License

Business records

Guarantors:

Loan guaranteed by all group members

Credit bureau check:

CRB

SMME Individual loans(Asset finance and Working Capital)

Loan size:

KES 30,000 - 2,500,000

Maximum term:

36 Months

Business existence:

Minimum of 24 Months

Own contribution:

15% of Principle amount qualified

Security(Collateral required):

125%

Documents required:

Certified 6months Bank statement

National ID copy

KRA Pin Certificate copy

Business Permits/Practicing License

Business records

Guarantors:

Minimum of two - Somebody who has a business or is gainfully employed by providing business license or a Letter or Employment and / or by the Board of Governors

Credit bureau check:

CRB

SMME Agriculture loans

Loan size:

KES 50,000 - KES 1,000,000

Maximum term:

12 Months

Business existence:

Minimum of 12 Months

Own contribution:

15% of Principle amount qualified

Security(Collateral required):

125%

Documents required:

Certified 6months Bank statement

National ID copy

KRA Pin Certificate copy

Business Permits/Practicing License

Business records

Guarantors:

Min of Two - Somebody who has a business or is gainfully employed by providing business license or a Letter or Employment and / or payslip or by a farmer in the vicinity

Credit bureau check:

CRB

SMME School Development loans

Loan size:

KES 100,000 - KES 2,500,000

Maximum term:

36 months

Business existence:

Minimum of 24 Months

Own contribution:

15% of Principle amount qualified

Security(Collateral required):

125%

Documents required:

Certified 6months Bank statement

National ID copy

KRA Pin Certificate copy

Business Permits/Practicing License

Business records.

Guarantors:

Minimum of two -Somebody who has a business or is gainfully employed by providing business license or a Letter or Employment and / or by the Board of Governors.

Credit bureau check:

CRB

Vehicle Logbook Loans

Loan size:

KES 50,000 - KES 2,500,000

Maximum term:

12 Months

Fees payable upfront by the client:

Valuation Fee KES 3,000 , NTSA Search KES 550

Min Security(Collateral required):

Loan value to not exceed 50% of forced value of vehicle.

Documents required (Salaried):

Personal salary bank statements for the last 3 months

Pay slips for the last 3 months

Copy of your employment contract or job ID

Two passport photos

Copy of your national ID or passport

Copy of the PIN of the registered owner of the car

Copy of the car record with Kenya Revenue Authority

A current utility bill as proof of residence

The original car logbook

Motor vehicle valuation & photograph

Two blank but signed motor vehicle ownership transfer forms

Chattel Form - filled signed and submitted to company lawyer

Documents to show proof of car comprehensive insurance

View of motor vehicle is required

Documents required (Self Employed):

Personal or business bank statement for the last 6 months

Copy of your employment contract or job ID

Two passport photos

Copy of your national ID or passport

Copy of the PIN of the registered owner of the car

Copy of the car record with Kenya Revenue Authority

A current utility bill as proof of residence

The original car logbook

Motor vehicle valuation & photograph

Two blank but signed motor vehicle ownership transfer forms

Chattel form - filled signed and submitted to company lawyer

Documents to show proof of car comprehensive insurance

View of motor vehicle is required

Credit bureau check:

CRB Rating not less than 450