All about loans in Kenya
AGRICULTURAL LOANS Financing smallholder farmers to improve their farms and earn a higher income Group Kilimo Booster (A) Amount – 5k – 140k Duration – 3 – 12 months Registration fee – Free Upfront fee – 4% Group Kilimo Booster (B) Amount – 100k – 500k Duration – 3 – 24 months Registration fee – Free Upfront […]
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 […]
Ever since the financial institutions like Saccos, Banks, HELB and MPESA started forwarding lists of defaulters on CRB, the need for your name to cleared and hence improve your chances of getting a second loan have risen. Clearing your debt is no longer enough as you have to get CRB […]
The word Sacco stands for Savings and Credit Cooperative. Sacco is a type of a cooperative that offers financial services focusing on provision of credit facilities and mobilization of funds to its members who are the users and owners. Sacco’s are becoming the best places to save and buying of […]