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).
Advertisements
Write a comment
Post a Comment
Loans Blog admin will never approve abusive or inciteful comments. In addition, avoid including sensitive or private personal information in your comments for your own online safety.