Loans And Fundings

Loan Application Requirements

Edited on July 10, 2025

📌 Products Offered

• Capital Financing – for start-up businesses.
• Business Support Financing – for SMEs (existing businesses).
• Financing for Local Service Order (LSO) / Local Purchase Order (LPO).
• Business Asset Financing.
• Agribusiness Financing.

📝 Loan Application Requirements

Individual Loan Application

• ✅ Duly filled application form.
  ✅ Applicant’s CRB statement.
  ✅ ID copies of both applicant and guarantors. ✅ Evidence that the business is based and operational in Laikipia County (e.g., business license). ✅ KRA PIN certificate of applicant and guarantor.
  ✅ 6 months’ bank or MPESA statements.
  ✅ Photos of the business, securities, and passport photo.
  ✅ List of charged collaterals with applicant and guarantors, certified by an advocate.

Group Loan Application

✅ Duly filled application form.
✅ Signed guarantee form executed by each member individually.
✅ Group registration certificate from the Department of Social Services.
✅ 3 group meeting minutes:
 • 1 deliberating loan application.
 • 2 recent to prove active existence.
✅ Signed list of members with ID and phone numbers.
✅ Proof that the group/business is based and operational in Laikipia County.
✅ Evidence of monthly contributions:
 • Table banking or similar structure.
 • Length of time the group has existed.
 • Total amount contributed and current contribution status.
✅ ID copies of group members.
✅ 6 months’ bank statement in the group’s name.
✅ Proposed business plan.
✅ Group by-laws/constitution.

Asset Financing

✅ Offer letter or invoice for the asset (within loan limit).
✅ Evidence of 20% owner contribution.
✅ Co-ownership of the asset.

LPO/LSO Financing

✅ Award letter and LPO/LSO.
✅ Undertaking letter from issuing company.
✅ Company registration certificate.
✅ ID copies of applicant and referees.
✅ Applicant’s PIN certificate.
✅ Security and 2 referees.

💰 Loan Terms

• Repayment Period: Up to 24 months.
• Interest Rate: 6% per annum.