The loan is tailor made for MSME customer who are in trade business and in need of working capital cashflow.
KES 2,000,000
Client must have operated a business account with UBA Bank for at least one month
Copies of ID and kra pin of the directors, company KYC, Bank statements for the last 12 months(certified), copies of contracts or LPOs and if client does not have prior banking experience, they will have to bank with us for at least 3 months in order for us to review their application.
A loan product designed for contractors and vendors of reputable organizations to enable them to execute work and local purchase orders from their respective employers
Qualified and more than one year experience
Has capacity to deliver the contract
Past track record of the supplier or vendor.
The LPO should not be more than 30 days from the date of issue.
GroFin considers business applications on the basis of their potential and credibility of the entrepreneur. GroFin understands SMEs and have a proven track record of helping entrepreneurs and business owners start or grow successful businesses.
KES 165,000,000
Entrepreneur Profile: The entrepreneur should have significant own investment in the business, have the ability to manage a business – from operations, sales, financial management, administration, and leadership. They must be willing to work with GroFin as a value adding financier and share management information regularly. They must have growth ambition and demonstrate integrity as well as professionalism in their dealings.
Collateral requirements: Though GroFin has no minimum requirement, they expect entrepreneurs to (partly) secure the loan if collateral is available. Quality and value of collateral does play an important part in the overall risk assessment. Personal guarantees of the entrepreneur(s) is required.
Social Impact: The business must be able to have a measurable impact in terms of the number of jobs supported and sustained, female ownership, female employment and semi-/unskilled labour. SMEs that provide indirect job opportunities (e.g. training, skills development) and/or environmental services (water, waste, energy, ecotourism) are also attractive to GroFin.
Business support: GroFin delivers business support to clients prior to the investment and during the tenor of the loan – focusing on improving business viability, sustainability and growth through identifying material business risks/opportunities across a range of generic areas as identified during the screening/due diligence stage. For this reason, entrepreneurs need to be receptive to receiving advice and implementing recommendations, normally around improving formalisation of their business.
A public-private impact fund for smallholder farmers. The Fund de-risks investments in smallholder farming and helps drive sustainable impact by showcasing the commercial opportunity represented by smallholder farming finance. The EUR 100 million IDH Farmfit Fund takes the responsibility for the first losses incurred supported by a second loss guarantee facility from USAID (up to USD 250 million) thus providing a significant element of reassurance for investors. Sectors covered include food, staple and cash crops including, cocoa, coffee, cotton, palm oil, tea, aquaculture, soy, cassava, rice and other commodities.
A short term credit facility to finance production inputs and associated costs to medium and large scale Seed Grower Farmers.
An active Equity Bank account holder or willing to open and operate an account with Equity Bank (K) Ltd.
Demonstrate ability to repay.
At least one-year experience in commercial seed growing, or one successful production cycle (this need to be evidenced by proof of the past sales records & receipts, previous banking history, or recommendation from Kenya Seeds Company, or any other seed multiplication contracting company.).
At least 2 acres of seed production land.
Ability to contribute 30% of the total production cost (either cash or in kind).
Documentary evidence of farm ownership or a valid lease agreement covering at least one future production cycle.
Provide signed seed production contract with the contracting company.
Equity Bank statement
Past sales records & receipts, previous banking history, or recommendation from Kenya Seeds Company, or any other seed multiplication contracting company.
Commitment to contribute 30% of the total production cost (either cash or in kind).
Title deed or a valid lease agreement covering at least one future production cycle (at least 2 acres)
Signed seed production contract with the contracting company.
Accion Venture Lab provides capital and extensive support to innovative, scalable fintech startups that improve the reach, quality, and affordability of financial services for the underserved.
KES 654,000,000
Mobile phone–based financial services or business models built on mobile payment platforms;
Specialized credit assessment or delivery models (e.g., underwriting/credit scoring approaches, housing, education, small and medium enterprise finance, energy);
Online or social media platforms for enabling financial access (e.g., peer-to-peer, social media);
Pay-as-you-go, collaborative consumption, and other “embedded” financial service models (e.g., micro-leasing, rent-to-own, modular housing); and
New products (e.g., savings, remittances/payments, microinsurance, and credit) for people living in poverty.
KIE provides affordable medium to long-term finance to MSMIs for the purchase of machinery, equipment and working capital, either for start-ups, expansion, modernization or rehabilitation focusing on priority sectors identified in Vision 2030.
KES 14,000,000
It should be either be a manufacturing business or a service business.
It should be either be a manufacturing business or a service business.
It should employ at least 5 people • It should be running for at least 2 years to qualify as a working capital loan.
The applicant will be required to provide the following documents
Photographs and sketch-map of business location
Landed security to cover a minimum of 140% value of the loan requested.
Valuation report from a registered land valuer. This will be verified by KIE officers.
An original certificate of Official Search from land registry
Two credible guarantors
Current trading license
Current bank statements
Copy of PIN certificate of applicant and guarantors
Finances land preparation, purchase of farm inputs and implements, livestock feeds, labour finances, business stock, harvest and other agricultural activities. It offers easy and convenient repayment through the monthly pay outs.
An Agribusiness loan designed for crop farmers who do not have contracts with reputable off takers. The loan gives farmers flexibility of repayment cycles designed to correspond to the respective crop seasons.
KES 2,000,000
Past crop production records
Projected cash flow
Suitable security requirements
Must have been in production for at least two crop cycles
The Financing Gateway provides you with a free listing of the many financing instruments available for MSMEs. It enables you to filter the instruments that match your needs and click through to the –financing provider’s Internet pages or Contact agent details to find out more and apply.
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