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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  • EURO: Buying: 126.40 , Selling: 141.60
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  • Canadian Dollar: Buying: 81.88 , Selling: 93.08
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  • Swiss Franc: Buying: 113.67 , Selling: 126.46
  • Japanese Yen: Buying: 0.9238 , Selling: 1.0838
  • Swedish Kroner: Buying: 10.7325 , Selling: 16.1330
  • Norwegian Kroner: Buying: 11.535 , Selling: 14.990
  • Danish Kroner: Buying: 17.160 , Selling: 19.230
  • Indian Rupee: Buying: 1.4695 , Selling: 1.6870
  • Tanzanian Shillings: Buying: 0.04276 , Selling: 0.05314
  • Uganda Shillings: Buying: 0.02519 , Selling: 0.03539
  • SA Rand: Buying: 5.8290 , Selling: 9.4690
  • Chinese Yuan: Buying: 15.960 , Selling: 18.780
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  • : Buying: , Selling:
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