Apply for a KIE loan for machinery, equipment or working capital

What you need

• Business registration certificate (sole proprietors and partnerships); for companies, certificate of incorporation, Memorandum and Articles, latest CR12 and a resolution to borrow
• Copies of IDs and 4 recent colour passport photos for the borrower and guarantors
• Latest 6 months' certified bank statements
• Valid business permit and KRA PIN certificates for the borrower and guarantors
• Pro-forma invoices (with PIN and VAT numbers, on the supplier's letterhead) for any machinery or equipment
• Last 3 years' audited accounts by an ICPAK-certified auditor (all companies; individuals and partnerships borrowing above KSh 500,000)

Steps

1. Fill the Get Funding form on kie.co.ke/get-loan (business type, amount, sector). KIE's team will contact you.
2. Or visit a KIE office. The head office is at Likoni/Lusingeti Road in Nairobi's Industrial Area, and KIE has 37 branches across the country.
3. Hand in your documents. KIE appraises your business, and a KIE officer takes photos of the business and of your security.
4. Provide security worth at least 140% of the loan, such as a title deed or a motor vehicle not older than 7 years.

Who can apply

• Small and medium business owners (individual, registered group or limited company) in manufacturing or value addition, or services that directly support manufacturing.
• For a working capital loan, the business must have run for at least 2 years.
• Priority sectors include agro-processing, textiles, leather, building materials, wood and furniture, metal fabrication and electrical work.