• Cardinal Otunga Plaza
  • 8:00am to 4:30pm, Mon-Fri 8:00am-12:00pm, Sat

LPO Financing

Target Customer & Purpose
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This facility addresses the needs of customers involved in contractual businesses majorly supplying to established institutions.

Features
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  • Financing upto 70% of LPO value
  • Interest of 2% per month
  • 90 days tenure
Benefits
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  • Flexible securities
  • Quick turnaround
Requirements
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  • Open Caritas MFB account
  • National ID/Valid Passport
  • KRA PIN Certificate
  • Business registration certificate
  • Resolution to borrow.
  • Duly filled loan application form
  • Twelve (12) months bank statement
  • Proof of previous LPOs serviced.
  • Valid LPO document
  • Undertaking from issuing institution