All about loans in Kenya
CASH AGAINST PROPERTY It is a loan facility to assist property owners to obtain cash from value of their residential or commercial property. Features Flexible financing up to 90% Flexible repayment term of up to 25 years Competitive Interest rates Benefits Allows you to acquire the value of the property […]
TRADE FINANCE National bank of Kenya offers various types of trade finance products to assist customers tender, perform for contracts, expand business activity and provide working capital. Their range of innovative and flexible products & solutions offered are to facilitate international trade and minimize risks, ensuring that your international transactions […]
DHARURA LOAN – School fees loan, Hospitalization, NHIF Contribution Dharura Loan, aka (Emergency Loan) is designed to cater for emergency needs by helping to lighten the burden of unforeseen emergencies like hospitalization and School fees. The repayment period is within 26 to 52 Weeks or 3 to 12 months. The […]
BUSINESS OVERDRAFT The business overdraft is a credit facility whereby a client is allowed by the bank to withdraw funds from his current account up to an agreed negative debit limit. The target Market is SME customers in manufacturing, trade and services including private limited companies, sole proprietors, self-employed individuals […]
TINGG Discover Tingg, an integrated hub of digital services that powers commerce and end to end payments within ecosystems. They provide simple access to fast, secure and cost friendly payment and commerce services for blue chip companies, fast moving consumer goods companies, SMES, consumers – banked and unbanked, corporate and […]
DEVELOPMENT LOANS ASSET SECURITY LOAN This is a loan property secured by collateral including land, buildings, motor vehicles and shares traded at the Nairobi Securities Exchange Product features Maximum Amount: Kshs 7,000,000 Minimum Amount: Kshs 1,000,000 Repayment period: 60 months @ 1.25% on reducing balance or 72 months @ 1.5% on […]
HIGHER EDUCATION LOAN Product features Caters for college and university higher education Maximum period – 24 months Interest rate – 1% p.m. on reducing balance (6.5% p.a.) Supporting documents – college fees structure must be attached to the application. Cheques may be raised in the name of the college where […]
MACHINERY Product description This loan is for the purchase of farm machinery to facilitate production and transportation of farm produce. This is a direct response to the low uptake of technology and mechanized agriculture that continues to negatively impact on productivity levels. Apart from the convenience, increased mechanization and yields, […]
HORTICULTURE & FLORICULTURE DEVELOPMENT LOAN Product description These are loans to finance horticultural and Floricultural projects Features Repayment period 2-5 years at annual installments Designed for individual & groups Items Financed Fruits, vegetables and flowers Green houses and related equipment Water and electricity supply systems Harvesting and packaging equipment Labor […]
SASA PESA LOANS Pesa na pesa This is a micro-credit service commonly referred to by people as Pesa na Pesa that issues loans through the use of mobile phone. It was established in the year 2015. However, this Pesa na Pesa service can be accessed by individuals who are Safaricom […]