Requirements

1. Verifiable LPO’s and tenders from trusted clients/firms only.
2. Can only finance short term (1-6) months depending on the term of the product pegged to the LPO delivery timelines.
3. LPO issue must execute a supplier credit MOU with the SACCO.
4. Most recent audited account where applicable.
5. List of past contracts completed dates, amounts etc.
6. Amount: We will finance up to a maximum of 75% of the L.P.O
7. Interest rate: 2.5% p.m. on reducing balance.
8. The loan will attract a 2.5% processing fee plus an excise duty and loan insurance cost.
9. Securities must be provided for amounts above Kshs. 200,000