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Group loan for capital investment. A loan of up to KES 250 million to investment groups for the purchase of an asset that will be used as security for the loan.

Benefits

Flexible repayment period

Flexible repayment period of up to 120 months.

Asset is security for the loan

The asset purchased is used as security for the loan.

Multiplied loans

Loans of up to 10 times the group savings.

Flexible repayment channels

Enjoy the flexible repayment channels available.

What We Need From You*

  • Valid Kenyan ID or passport for directors.
  • Your KRA PIN certificate for directors.
  • Passport size photos of the directors.
  • Certificate of incorporation.
  • KCB account statement for the last 6 months for KCB customers and 12 months for non-KCB customers.
  • Proof of asset being purchased.

Conversion of the group to a limited liability company for it to be viewed as a legal entity.

A bank representative may call you at any time to obtain further information in line with our KYC process.

Approval of the loan will be based on repayment ability which is pegged on the members monthly contributions.

Account Rates & Fees*

  • No negotiation fee.
  • Competitive risk-based pricing on reducing balance.
  • Insurance of 0.204% p.a.

*Charges are not inclusive of tax

Interested in Tuungane Investment Loan or have a question?