How can we assist you today?

The loan is available to customers who deal in wholesale and retail trade, manufacturers, learning institutions, hospitals and pharmaceuticals, importers and exporters.

The customer can qualify for a Minimum of Kes 500,000 and Maximum of Kes.100M. Subject to limit being capped at 3 times the average monthly account credit turnovers. The average turnover covers a period of 12 months.

Also to note, the maximum loan amount one can qualify for, is double the deposits they hold in the Jijenge Biashara savings account.

The 50% portion of the loan is unsecured however, it will be covered by African Guarantee Fund insurance cover with a one-off premium of 3% of the covered amount.

For top-up consideration, a customer must have serviced at least half of the loan tenure or half of the loan facility

A maximum tenor of 36 months for amounts up to Kes.10M and 48 months for amounts above Kes.10M respectively.

For a customer to qualify for the Jijenge Biashara loan, they must meet the below criteria.

1. a) Entity type: Sole Proprietorship, Partnership and Limited companies.
2. b) The entity MUST be operating in Kenya.
3. c) The entity must have been in operation for at least 3 years supported by either audited accounts or bank statements.
4. d) Positive CRB report.
5. e) The maximum amount one can quality for is double the deposit held in a Business Banking savings account.
6. f) Consistent monthly/termly account turnovers should not have declined by more than 25% in the preceding 90 days.
7. g) Businesses must demonstrate stable cashflows that shall be sufficient to meet the monthly repayment. Normal

credit risk assessment will be done and there should be demonstration of debt service capacity based on business

turnover and financials where necessary for each application.

Additional information may be required depending on the nature of the application.

The bank shall apply a competitive interest rate on the loan as guided by the risk-based lending matrix.

There is no processing fee

Yes. The loan is available across 4 currencies: KES, GBP, USD, EURO. However, the choice of currency is determined by the currency of the business receivable.

No, both the savings and loan must be in the same currency.