TERM LOANS

Loans for business owners who want to expand their business and own collateral (property), as well as business owners who want long-term loans and are able to present a project contract to the bank

Fee & Charges

Interest Rate (12%)
Service Charges (1%)
Late Fees (5000 ks)

Required Documents

  • NRC, household member list, passport photo
  • Business license
  • Tax on profit paid to government for business
  • Financial statement (profit and loss, balance sheet)
  • Color photos of business, Original title deeds/ document
  • Company Registration Certificate
  • Articles of Association, Memorandum of Association
  • Form E, Form 6, Form 26
  • Export/Import license or declaration
  • Latest municipal bills paid to government
  • BCC for new building
  • Color photos of building (in front, back and both sides left & right and interior) Form 105/ 106 issued by township office for borrowing money from MOB