USD/KES :
Buy: 130.50
Sell: 134.50
GBP/KES :
Buy: 164.46
Sell: 171.46
EUR/KES :
Buy: 140.31
Sell: 146.81

Income generating Rental units/Construction

Income generating Rental units/Construction

Borrow funds against an income generating property for renovating a building, acquisition of a new property or completion of construction.

  • Financing margins: Up to 70%
  • Maximum repayment period of 10 years

Requirements

For Companies
  • Articles and Memorandum of association and Certificate of Incorporation
  • Board resolution to borrow
  • Bank statements for the last one year
  • Management accounts, Audited Accounts for the last 3 years and Cash flow
  • Duly completed loan application forms
  • PIN Certificate of the business and directors and ID copies
  • Copy of title and Valid sale agreement
  • For Individuals
    • Loan application form duly filled
    • Certified last 3 months pay-slips certified by a Notary Public
    • Full copy of Kenyan Passport/Kenya national Identity card
    • Copy of Kenyan PIN certificate
    • Valid copy of Residence / Work Permit
    • Letter from Employer stating employment terms
    • 6 months latest salary bank statements certified by a Notary Public
    • One passport size photograph
    • Copy of recent Utility bill
    • Draft sale agreement or offer letter duly signed by both parties and witnessed by a lawyer
    • Copy of title for the property
    • Appointment of Power of Attorney with Specific powers
See also
Get Started

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