Jenga Biashara Loan

Specially designed for SMEs, this loan is what you need to expand your business. Get a quickly processed loan 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>
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    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?

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  • Canadian Dollar: Buying: 80.98 , Selling: 92.18
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