For SMME Loan

Extending credit to micro-entrepreneurs to expand small businesses. These loans are often used for working capital, purchasing inventory, equipment, or tools necessary for business operations. This product will be offered to fully registered and compliant business entities that meet the minimum requirements.
This is structured as follows:
Facility term runs from 1 month to 12 months with option to extend the period.
Facility amounts being borrowed range from K10,000.00 to K80,000.00.
Interest rate applied on this loan will be 15% on a monthly basis with a 1% service fee.

SMME Loan Requirements

• NRC of Directors
• Certificate of Incorporation
• Tax Clearance Certificate
• Company should have been operating for at least 12 months
• Company Financial Statements (Income Statement, Balance Sheet & Cashflow Statement)
• Company Profile
• Latest bank statement (6 Months)
• Proof of residence