BANK
Bank
For a Small Business
Interested in:

Soko/ Market Loan

This loan has been tailored to propel your business forward. Have you been operating from your trading ground for more than 6 months, and are registered to a marketing association? Then this product has been especially designed to help you grow your business.

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Benefits

Benefits

Free financial training

Free financial training

Enjoy free financial training designed for traders and market officials.

Unsecured Loans

Unsecured Loans

Gain access to unsecured loans of up to KSh 100,000.

Flexible payment

Flexible payment

Enjoy flexible payment periods of up to 12 months.

What We Need From You*

  • 6 months’ account statement (Other Bank or M-PESA statement allowed)
  • Application form to signed by market association leaders confirming applicant’s membership
  • Security in form of household or business assets
  • Guarantee by three other market traders
  • Undertaking by market association leaders to inform the bank in case of changes in trading ground/stall ownership.

*A bank representative may call you at any time to obtain further information in line with our KYC process. At no point shall you be asked for your PIN or passwords.  Remember, PIN yako siri yako.

Rate & Fees

  • Interest rate: KCB Base rate 13% per annum.
  • Negotiation fee: 3%
  • Insurance: 0.85%

Interested in Soko/ Market Loan or have a question?

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