International loans in Kenya refer to loans that are obtained from foreign lenders or financial institutions. These loans are intended for individuals, businesses, and organizations in Kenya and can be used for various purposes, including financing capital investments, funding business operations, or covering personal expenses.
International loans in Kenya typically have higher interest rates compared to local loans and may also have stricter repayment terms and conditions.
Some common sources of international loans in Kenya include international banks, development finance institutions, and international aid organizations.
Advice: It's important to carefully review the terms and conditions of any international loan before accepting it, as the lender may have different requirements and restrictions compared to local lenders.
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10 International loan lenders for individuals in Kenya
1. World Bank Group - a group of five international organizations that provide loans, advice, and technical assistance to developing countries, including Kenya.
2. African Development Bank - a regional development bank that provides finance and technical assistance to African countries, including Kenya, for the purposes of economic and social development.
3. International Finance Corporation - a member of the World Bank Group that provides loans, equity, and technical assistance to private sector businesses in developing countries, including Kenya.
4. European Investment Bank - a European Union institution that provides long-term loans and guarantees to finance projects and support investment in Europe and beyond, including in Kenya.
5. Proparco - a subsidiary of the French Development Agency that provides financing and technical assistance to private sector projects in developing countries, including Kenya.
6. DEG - Deutsche Investitions- und Entwicklungsgesellschaft mbH - a German development finance institution that provides long-term financing to private sector companies in developing and emerging countries, including Kenya.
7. FMO - The Netherlands Development Finance Company - a Dutch development finance institution that provides long-term risk capital and financing to private sector projects in developing countries, including Kenya.
8. Swedfund - a Swedish development finance institution that provides risk capital and long-term financing to private sector companies in developing countries, including Kenya.
9. IFC - Emerging Africa Infrastructure Fund - a subsidiary of the International Finance Corporation that invests in infrastructure projects in Africa, including Kenya.
10. Norfund - a Norwegian development finance institution that provides risk capital and long-term financing to private sector companies in developing countries, including Kenya.
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