BANK

For Agri-Business

Interested in:

 

  • Dairy Loan

    Increase your herd, improve the livestock shed, buy machinery; basically, scale your dairy agribusiness. The Dairy loan is especially designed for dairy farmers, enhancing your revenue earning capacity.

    Benefits

    • High loan limits

      Access loans of amounts between Kes. 50,000 and Kes 20 Million
    • Flexible repayment period

      Repay your loan within your desired duration up to 60 months
    • Competitive interest rates

      Enjoy friendly interest rates on your dairy loan

    What we need from you

    • Banking relationship with KCB for at least 3 months
    • Collateral to secure your loan

    Loan Rates & Fees*

    • Interest rate - 13% (CBR rate 9% plus Bank Variable margin of 4%)
    • Negotiation fees - 3%

    *Charges are not inclusive of tax

  • Livestock Farming Loan

    If livestock farming and trading is your Biashara, then let’s engage about KCB’s livestock farming loan. Get up to 80% financing on your financing need and see your livestock farm flourish.

    • High loan limits

      Get financing up to Kes 250 Million
    • Up to 80% financing

      Get up to 80% financing of funds required, with 20% contribution requirement

    What we need from you

    • An active account with KCB with agricultural proceeds remittances for at least 6 months
    • Must be in commercial farming for at least 1 year. Relevant supporting documents to be submitted.
    • Evidence of farm sale proceeds having been consistently channeled through the account in the last 12 months for multi-banked customers.
    • At least 3 similar payments of same magnitude as loan sought having been paid thru the account in last 12 months
    • At least 75% business income to be channeled through KCB within the next 3 months

    Loan Rates & Fees*

    • Negotiation fee charge - 3%
    • Interest rate charge - CBR + 4%
    • Maximum of 3 months for traders involved in sale and transportation of Livestock
    • Maximum of 6 months for animal fattening, egg production and breeding.
    • Maximum of 12 months for Pasture production e.g. leasing of land, fencing, seeds, tilting and land preparation, infrastructure development eg holding pens, boreholes etc.

    *Charges are not inclusive of tax

 

Interested in Dairy and Livestock Loan or have a question?