Boresha Biashara Plus Loan

This loan is designed to finance micro entrepreneurs with annual sales turnover of up to Kshs. 10 million who require working or investment capital to grow their business.

Benefits

  • Access to loans ranging from Kshs. 1 million to 5 million
  • Flexible repayment terms of up to 60 months
  • Flexible security requirements
  • Ability to top-up existing loans

Qualifying Criteria

  • Demonstrate ability to repay
  • For individuals operating registered business entity
  • Six months bank statement from any financial institution
  • Minimum 1 year experience in the business to be financed
  • Regular cash flow to meet monthly loan repayment
  • Should open/have a KCB Boresha Biashara account or Bankika Business Account

Rates and Fees

  • A one off loan negotiation fee charged upfront at 3% of the loan amount.

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