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

    *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.

    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

    *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.

    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?