Jenga Biashara Loan

The Jenga Biashara loan is a small business loan, specially designed to help you expand your business. Enjoy one of the quickest business loans in Kenya of up to KSh 5 Million with the benefit of insurance cover on the assets purchased.

Why choose Jenga Biashara Loan

  • <p>Borrow up to KSh. 5 Million</p>
<p> </p>

    Borrow up to KSh. 5 Million

     

    Repayment period is up to 48 months, Low interest rate on reducing balance

  • <p>Flexible collateral requirements</p>

    Flexible collateral requirements

    The type of security is dependent on the loan amount

  • <p>Special insurance package</p>

    Special insurance package

    Assets purchased will be covered by insurance

What is required

  • One year business operation
  • 12 months statement for non – National Bank customers
  • Business permit and certificates
  • Business records

Rates and fees

  • Interest rate - 13% (CBR rate 9% plus Bank Variable margin of 4%)
  • Application fee - 3%
  • Credit life and Stock loss insurance cover – 1% of the approved loan amount

*Charges are not inclusive of tax

Interested in Jenga Biashara Loan or have a question?

Similar products you might be interested in

Forex
  • USD: Buying: 107.20 , Selling: 120.10
  • EURO: Buying: 120.30 , Selling: 138.75
  • GBP: Buying: 139.70 , Selling: 161.26
  • Canadian Dollar: Buying: 84.22 , Selling: 96.62
  • Australian Dollar: Buying: 75.62 , Selling: 87.93
  • Swiss Franc: Buying: 115.71 , Selling: 131.50
  • Japanese Yen: Buying: 0.8806 , Selling: 1.0359
  • Swedish Kroner: Buying: 9.231 , Selling: 15.805
  • Norwegian Kroner: Buying: 9.948 , Selling: 15.810
  • Danish Kroner: Buying: 14.507 , Selling: 18.742
  • Indian Rupee: Buying: 1.2826 , Selling: 1.8226
  • Tanzanian Shillings: Buying: 0.04477 , Selling: 0.05605
  • Uganda Shillings: Buying: 0.02744 , Selling: 0.03863
  • SA Rand: Buying: 5.3391 , Selling: 9.5850
  • Chinese Yuan: Buying: 16.775 , Selling: 19.655
  • UAE Dirham: Buying: 29.220 , Selling: 33.286
  • RWF: Buying: 0.1001 , Selling: 0.1676