LPO Financing

LPO FINANCING FOR WOMEN & YOUTH

Women & Youth Banking

Target market

        Include 1^st time Women & Youth LPO holders

Financing Limit

       Up to 80% of the value of the LPO exclusive of VAT

Unsecured Limits

         Up to Kes. 3M for Women & Youth LPO holders

Cash Margin

         10% cash margins of the financed amount

Statements Requirement

         6 months statements required

Security Required

         For First time Women & Youth LPO Holders with financing amounts above Kes 3M running a business in operations for less than 2 years,

Ø  Amount should be fully secured.

Ø  Technical expertise to be accessed.

Listed clients

        1st time Women & Youth LPO holders who are listed need a clearance certificate and bank statement covering 6 months in order to be considered for financing.

 All listed clients should further obtain a CRB clearance certificate