Kenya Commercial Bank (KCB) has a special loan facility aimed at helping business customers to achieve more.
The lender targets Micro Small & Medium Enterprises (MSME) owners with easy loans to boost the economy.
Who Qualifies for KCB MSME loan
- KCB business customers with active accounts for more than 6 months
- Customers with businesses registered in kenya
- Businesses with annual turn over of between ksh 500,000 to ksh 100 million
- Posses business registration certificate
- Posses valid business permit or trade license from the county government
- Have a tax compliance certificate
- Business must be over 2 years old
- Business must have a good CRB rating
KCB MSME Loan Limits And Repayment
The loan amount provided is up to ksh 5 million. The amount awarded will depend on various factors as will be described to the borrower by the bank.
The MSME loan repayment is up to 36 months (3 years).
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