CREDIT FACILITY FOR KENYA'S INDUSTRIAL ENTERPRISES

This come as a result of a bilateral partnership between the Indian and the Kenyan Governments’ in form of a credit facility to support technology transfer to Kenyan enterprises through import of plant, machinery and equipment from India.

IDB Capital ltd is the implementing agency of this credit facility under the highlighted terms.

BENEFITS & FEATURES

  • Loan amount ranging from 5 Million to kshs. 200 Million
  • Exemption from duties and taxes for machinery and equipment purchase using this credit facility
  • Competitive interest rates
  • Grace period of  up to  2 years 
  • Customized repayment period to suit business needs
  • Plants and machinery must be made in India

REQUIREMENTS

  • A duly filled loan application form
  • Feasibility study/Business plan
  • 6 Months Certified Bank Statements
  • Latest Management Accounts
  • Past 3 years Audited Accounts
  • Copies of certificate of incorporation,
  • Memorandum & Articles of Assosiation
  • Coies of proforma invoices for the asset being purchased
  • Collateral

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Contact Us

The Managing Director
IDB Capital Limited, 18th Floor, National Bank Building
Harambee Avenue, NAIROBI.
P. O. Box 44036-00100, NAIROBI.

Telephone: (020)2248600; 2247142;3202000; 2247112
Mobile: 0733 221 111; 0728 970 750
Fax: 020 318929

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