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Questions and Answers
Which of the following is the maximum loan amount that can be borrowed?
Which of the following is the maximum loan amount that can be borrowed?
- Kshs. 1,000,000
- Kshs. 500,000
- Kshs. 5,000,000 (correct)
- Kshs. 3,000,000
What is the minimum period of operating an active bank account required to be eligible for the loan?
What is the minimum period of operating an active bank account required to be eligible for the loan?
- 12 months
- 6 months (correct)
- 3 months
- 9 months
What is the interest rate on the loan?
What is the interest rate on the loan?
- 24% p.a. (correct)
- 30% p.a.
- 18% p.a.
- 12% p.a.
What is the maximum loan tenor?
What is the maximum loan tenor?
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What is the loan processing fee charged to the borrower?
What is the loan processing fee charged to the borrower?
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Which of the following is a requirement to be eligible for the Working Capital Facility?
Which of the following is a requirement to be eligible for the Working Capital Facility?
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What is the loan product that can be accessed on demand to cater for short term financial needs?
What is the loan product that can be accessed on demand to cater for short term financial needs?
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What is the minimum loan amount that can be borrowed under the Working Capital Facility?
What is the minimum loan amount that can be borrowed under the Working Capital Facility?
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What types of businesses are eligible for the Working Capital Facility?
What types of businesses are eligible for the Working Capital Facility?
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What is the maximum loan amount that can be borrowed under the Working Capital Facility?
What is the maximum loan amount that can be borrowed under the Working Capital Facility?
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