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 100,000 – 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 repayments based on cash flow cycles.

  • 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