Jitegemee Business Loan

Target Customer & Purpose
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This is a facility aimed at financing working capital needs for newly established businesses with an annual turnover of less than Kes. 1.5million.

The loan addresses short-term working capital needs such as stock, raw materials, refurbishment of business premises and operational expenses

Features
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  • Loan amounts of between Kes. 50,000-Kes. 500,000
  • Repayment up to 24 months
Benefits
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  • Affordable interest rates
  • Flexible securities
Requirements
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  • Open a Caritas MFB transactional account
  • National ID/Valid Passport
  • KRA PIN certificate
  • Duly filed loan application form
  • Records of the business
  • Six (6) months Bank statement and/or Mpesa Statement