SME Bizna loan is designed with the needs of small business people in mind to supply them with a short-term financing facility for working capital needs

• Duly constructed business financial statements for at least 12 months
• Certified 12 month bank statements
• Business Licences
• Minimum of 3 years trading history within local markets to support loan amounts

Term loans available including Property Finance, Project Finance and Bridging Finance
Customisation of term loan facility to suit your financing needs.

• One time Processing fee of 1%.
• No appraisal fee.
• Maximum loan tenure 4 years.
• No early repayment penalties.
• Flexible repayment instalments which may include reducing balance repayment, equal monthly instalment repayment and lump sum repayment.

The cherry advance levy fund will finance farmers’ working capital as they wait for their earnings from coffee marketers. 

• Economic Drivers/Viability: Business model fit and growth prospect (i.e. profit, turnover, cash flow, efficiency and market potential) and the business capacity (i.e. governance, financial and risk management)
• Social impact: Inclusion of smallholder farmers, pastoralists, job creation, influence on food security and improved nutrition, gender and youth inclusion, and inclusion of arid areas.
• Environmental impact: Inclusion of climate smart approaches at farm and enterprise level
• Additionality and level of leverage.
• A minimum 50% match fund required –own sources or external equity investment

• GBF prefers “growth stage” companies with a strong track record.
• GBF seeks companies that can protect their market position through high barriers to entry, first-mover advantage, high-quality differentiated products, etc.
• Competent Management Team

• Evidence for previous years’ bonus pay out.

Finances land preparation, purchase of farm inputs and implements, livestock feeds, labour finances, business stock, harvest and other agricultural activities. It offers easy and convenient repayment through the monthly pay outs.

• Operations in Sub-Saharan Africa
• Focus on Impact and Sustainable Development Goals (SDGs)
• Early stage companies with proof of concept
• Scalability and profitability potential
• Environmental and social impact

• Entrepreneur Profile: The entrepreneur should have significant own investment in the business, have the ability to manage a business – from operations, sales, financial management, administration, and leadership. They must be willing to work with GroFin as a value adding financier and share management information regularly. They must have growth ambition and demonstrate integrity as well as professionalism in their dealings.
• Collateral requirements: Though GroFin has no minimum requirement, they expect entrepreneurs to (partly) secure the loan if collateral is available. Quality and value of collateral does play an important part in the overall risk assessment. Personal guarantees of the entrepreneur(s) is required.
• Social Impact: The business must be able to have a measurable impact in terms of the number of jobs supported and sustained, female ownership, female employment and semi-/unskilled labour. SMEs that provide indirect job opportunities (e.g. training, skills development) and/or environmental services (water, waste, energy, ecotourism) are also attractive to GroFin.
• Business support: GroFin delivers business support to clients prior to the investment and during the tenor of the loan – focusing on improving business viability, sustainability and growth through identifying material business risks/opportunities across a range of generic areas as identified during the screening/due diligence stage. For this reason, entrepreneurs need to be receptive to receiving advice and implementing recommendations, normally around improving formalisation of their business.

• Due diligence and IP ownership

• Attributable benefit to smallholder farmers

• A detailed Business Plan or Feasibility Study
• Letter of offer to ICDC for an equity stake in the company/business
• Executed Board Resolution for the offer
• Certificate of Incorporation, Memorandum and Articles of Association

• A detailed Business Plan or Feasibility Study
• Letter of offer to ICDC for an equity stake in the company/business
• Executed Board Resolution for the offer
• Certificate of Incorporation, Memorandum and Articles of Association

• A detailed Business Plan or Feasibility Study
• Letter of offer to ICDC for an equity stake in the company/business
• Executed Board Resolution for the offer
• Certificate of Incorporation, Memorandum and Articles of Association

• A detailed Business Plan or Feasibility Study (in case of start-ups)
• A loan application letter on the company's letterhead
• A sealed board resolution to borrow (where applicable)
• Certificate of Incorporation, Memorandum and Articles of Association
• Copies of Collateral offered for the facility under request.

• A duly filled loan application form
• Feasibility study/Business plan
• 6 Months Certified Bank Statements
• Latest Management Accounts
• Past 3 years Audited Accounts
• Copies of certificate of incorporation
• Memorandum & Articles of Assosiation
• Coies of proforma invoices for the asset being purchased
• Collateral

• A duly filled loan application form.
• Feasibility study/ business plan
• Memorandum and Articles of association.
• Project cost estimates
• Financing plan
• Audited accounts for 3 years for the existing business or related business.
• Bank statements for 3- 6months
• Collateral

• Must be a registered self-help group of 10 members and above comprising 100% women or 70 % women and 30% men
• All leadership positions and account signatories must be held by women.
• Group Registration done either at the nearest Social Services office or Huduma Centre.
• Groups are eligible for WEF loans three months after registration.
• Group must have an account in a Bank/SACCO FOSA/Post Bank/Deposit Taking Micro-finance (DTM)
• Group account must have been in existence for at least 3 months.
• Groups must be trained in business management skills by the WEF officers as a prerequisite for the loan application.

• Group registration certificate
• Group account in a Bank/SACCO FOSA/Post Bank/Deposit Taking Micro-finance (DTM)

• Reputable Kenyan SACCO/Co-operative Union/Women owned institution legally registered in Kenya.
• Evidence of certificate of incorporation/registration. • Valid KRA tax compliance certificate.
• Valid Trading license.
• Copies of National IDs and PIN Certificates for all directors/officials.
• Resolution to borrow in case of a Limited Company capturing amount, purpose, and proposed security (Must be sealed).
• CR12 in case of a Limited Company.
• Articles and Memorandum of Association.
• Contact details i.e. postal, physical and email address of the SACCO/Co-operative Union/institution's headquarter and name of contact person for purpose of seeking clarification.
• Have a minimum of three years’ experience in SACCO lending operations.
• Have women- friendly products, offering financial services to urban and/or rural women enterprises (provide list of products & services offered).
• Must have an appropriate governance and management structure.
• Their branches geographical coverage/geographical representation by counties and constituencies.
• Must submit certified copies of audited accounts for at least, the last three (3) years.
• Provide a summary of their loan book portfolio.
• Must have a robust automated system for their loan book management.
• Must demonstrate ability to pledge marketable collateral securities: bank guarantees, fixed deposits and shares listed in the stock exchange.
• Have Competent Management & Personnel; Management MUST be gender responsive. The CVs of members of the management must be attached.
• Have sufficient and experienced credit staff; profile and qualification must be availed.
• Statement of litigation history.
• Clean Credit Reference Bureau (CRB) reports of directors/officials of the SACCO.
• License from SACCO Society Regulatory Authority (SASRA), where applicable.
• Borrowing Powers as approved by the Commissioner of Co-operatives, where applicable.

• SACCO/Co-operative Union/Women owned institution Registration certificate
• Valid KRA tax compliance certificate.
• Valid Trading license.
• Copies of National IDs and PIN Certificates for all directors/officials.
• Resolution to borrow in case of a Limited Company capturing amount, purpose, and proposed security (Must be sealed).
• CR12 in case of a Limited Company.
• Articles and Memorandum of Association.
• Must submit certified copies of audited accounts for at least, the last three (3) years.
• Provide a summary of their loan book portfolio.
• Statement of litigation history.
• Clean Credit Reference Bureau (CRB) reports of directors/officials of the SACCO.
• License from SACCO Society Regulatory Authority (SASRA), where applicable.
• Borrowing Powers as approved by the Commissioner of Co-operatives, where applicable.

• Tangible security for the loan
• Appropriate and approved crop varieties
• Availability of processing facilities within reasonable distances.

• Open to individual borrowers and groups
• Viability of the business
• Tangible security for the loan
• 20 % equity contribution towards the project.

• Relevant experience in floriculture & horticulture
• Compliance with regulatory requirements
• Adequate water supply

Under our new strategy, we are extending support to the country's arid and semi-arid lands. This shift supports the government's commitment to improve small-scale irrigation, extension services, marketing and access to financial services in areas with high poverty rates. The emphasis is on a market-oriented approach in the sectors of horticulture, dairy production, cereal commodities and rural finance.

• Unsecured up to KES 50,000
• Easy collateral up to KES 300,000
• Standard collateral > KES 300,000

• Certificate of registration
• National identification card (for Kenyan citizens) / Passport (Non Kenyans) 1 passport size photo
• KRA PIN
• Residential address confirmation ( name estate, road and house number) for all directors and signatories (use the attached format)
• Company physical address confirmation
• Personal return
• Revenue stamp – KES100

Pre-shipment and post shipment financing

• Channel farm sales proceeds directly to Transnational Bank or check off arrangements must be in place.
• A minimum own contribution of 30% of asset value

• Certificate of incorporation or certificate of compliance if not locally incorporated
• Memorandum and articles of association
• Company PIN certificate
• National identification card (for Kenyan citizens)/Passport (for foreigners) for all directors (plus ultimate beneficiary owners if company is owned by other companies) and signatories/known agents
• 1 passport-size photo each for all the signatories and directors/known agents
• Board resolution specifying the signing powers on the company letter head sealed with the company seal
• Residential address confirmation (name estate, road and house number) for all directors and signatories (use the attached format)
• Company physical address confirmation (can be found in the new PIN certificates)
• Annual returns (for companies registered over one year ago)
• Revenue stamp – KES100

• LPO Financing
• Building Stock
• Payment to creditors
• Business cash flow needs
• Production Loan
• Export Packing Credit Loans

• Unsecured KES 20,000 to KES 100,000
• Easy collateral KES 100,000 to KES 1,000,000
• Standard collateral > KES 1,000,000

• Certificate of incorporation or certificate of compliance if not locally incorporated
• Memorandum and articles of association
• Company PIN certificate
• National identification card (for Kenyan citizens)/Passport (for foreigners) for all directors (plus ultimate beneficiary owners if company is owned by other companies) and signatories/known agents
• 1 passport-size photo each for all the signatories and directors/known agents
• Board resolution specifying the signing powers on the company letter head sealed with the company seal
• Residential address confirmation (name estate, road and house number) for all directors and signatories (use the attached format)
• Company physical address confirmation (can be found in the new PIN certificates)
• Annual returns (for companies registered over one year ago)
• Revenue stamp – KES101

• Mobile phone–based financial services or business models built on mobile payment platforms;
• Specialized credit assessment or delivery models (e.g., underwriting/credit scoring approaches, housing, education, small and medium enterprise finance, energy);
• Online or social media platforms for enabling financial access (e.g., peer-to-peer, social media);
• Pay-as-you-go, collaborative consumption, and other “embedded” financial service models (e.g., micro-leasing, rent-to-own, modular housing); and
• New products (e.g., savings, remittances/payments, microinsurance, and credit) for people living in poverty.