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The Loan is for farmers supplying tea to KTDA & private tea factories. Loans are available to individual tea farmers and factories/tea organizations.

Benefits

Flexible repayment

Flexible repayment (considers both monthly and bonus payment).

Loan top ups available

Loan top ups available.

We buy off tea loans

We buy off tea loans from other financial institutions (Banks and SACCOs).

Qualifying Loan Amounts

  • Unsecured loans of up to Kes 3 million repayable up to 36 months.
  • Amounts up to Kes 250 million shall be fully secured.

Purpose

  • Loans available for personal (school fees, farm inputs and other farm development).
  • Capital expenditure for tea factories.

What We Need From You*

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

  • Have an active account with KCB or provide statement from other financial institution where tea payments are channeled.
  • Be a registered member of a tea factory (KTDA or Private).
  • Last three (3) months tea delivery slips from tea factory.
  • National ID and KRA PIN.
  • Have a positive listing on CRB.

Rates & Fees*

  • Competitive rates.

*Charges are not inclusive of tax

Interested in Mavuno Tea Loan or have a question?


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