Mavuno Coffee Loan

Individual Coffee Farmers

Comprises individual coffee farmers, millers, and marketers within the coffee value chain. These customers can access KCB Mavuno Coffee loans under the following three arrangements.

• Unsecured loans of up to 1 million repayable up to 12 months.
• Partially secured loans of up to 3 million repayable up to 24 months.
• Fully secured loans of above 3 million repayable up to 36 months.

Purpose:

This loan is offered to individual coffee farmers, millers, and marketers to finance them with Cherry Advance Payments and Farm Inputs Loan Schemes. Customers can access:

• Cherry Advance Payments.
• Farm Input Loans.

Requirements

To qualify for a KCB Mavuno Coffee Loan, a customer must among other requirements:

• Have an active KCB account.
• Be a member of a registered coffee cooperative society or factory.
• Have a positive listing on CRB.

Co-operative Societies

Comprises the registered coffee cooperative societies, limited companies dealing with coffee, coffee organizations, marketers, millers, within the coffee value chain. These customers can access KCB Mavuno Coffee loans under the following two arrangements.

• Unsecured loans of up to 10 million repayable up to 12 months.
• Fully secured loans of above 10 million repayable up to 36 months.

Purpose:

Loans extended to finance Factory Development & Operations and Farm Inputs Schemes. Loans accessible to these customers are.

• Factory Development and Operations Loans.

  Fully secured loan repayable up to 60 months.

• Factory Cherry Advance 

  Unsecured loan repayable up to 12 months.

• Factory Input Loans. 

  Unsecured loan repayable up to 12 months.

Requirements

To qualify for a KCB Mavuno Coffee Loan, the cooperative societies must among other requirements:

• Be registered by law with a certificate of registration.
• Have a clean CRB record.
• Bank with KCB Bank for at least 3 months.

Rates and Fees

• Competitive rates.