Supports medium-term working capital needs for profitable youth and majority women-owned enterprises that have broken even or are approaching financial self-sufficiency.

Provided Grassroots Business Fund

Medium-Term Working Capital Loan

Medium-Term Working Capital Loan Amount:

KES 200,000 – 14,000,000

Details

Pricing: 9.75% per annum on a reducing balance basis

  • Repayment Conditions:

    • Minimum tenor: 6 months, Maximum tenor: 24 months

    • Monthly or quarterly repayments based on cash flow cycles

    • First instalment due 30 or 90 days after drawdown

  • Repayment Incentives:

    • 10% rebate on total interest for full, on-time repayments

    • 5% rebate if a maximum of 3 installments are delayed by no more than 14 days

Eligibility Criteria:

  • Majority of youth/women-owned and led business enterprises

  • Operational for a minimum of 12 months

  • Profitable or near-break-even enterprises

  • Provide 12-month bank statements, management accounts, and other financial records

  • Proof of business ownership and operations

  • Willing to undergo business visits, credit checks, and pre- & post-lending business capacitation (BDS)

To apply