Financing Instruments & Financing Providers
Total results: 134
Turn your business goals into reality with Bank of Kigali.
▲▼Business Eligibility
Open
▲▼Minimum Documentation Required
- Loan Application Letter
- Company registration documents
- Company financials for the last three months
- A solid business plan in case of a new business
- Shareholder identification documents
- Proposed collateral property with valuation report
- . Copy of the title deed for the security, if it is a house or plot
▲▼Others
▲▼Max
▲▼Collection / Repayment (months)
Clients/prospects in the various business units’ target markets fulfilling the risk acceptance criteria set by the Bank, but with a proven record of monthly income to be channelled in our books.
▲▼Business Eligibility
- The IPF will be used to finance all types of insurance policies except medical and life insurance policies.
- The Bank will only finance premiums for insurance policies that are current and continuing or newly written policies.
▲▼Minimum Documentation Required
- A commitment from the insurance company guaranteeing the repayment of the unutilized premium portion in case the customer fails to honor its repayment obligations within a period not exceeding 7 days.
- Upfront payment of first two installments.
- Personal guarantee of the shareholders for the total facility amount plus accrued interests.
- Additional collaterals may be requested depending on the risk profile of the client.
▲▼Others
▲▼Max KES 200,000,000
▲▼Collection / Repayment (months)
10
10
Product designed for clients in need of working capital for clients with emergency of money for finance their tenders or any other urgent need justified by the client.
▲▼Business Eligibility
Activity in trading
▲▼Minimum Documentation Required
- Identification card
▲▼Others
▲▼Max KES 50,000,000
▲▼Collection / Repayment (months)
6
6
Financing Facilities
The Financing Gateway provides you with a free listing of the many financing instruments available for MSMEs. It enables you to filter the instruments that match your needs and click through to the –financing provider’s Internet pages or Contact agent details to find out more and apply.