Product |
Purpose |
Key Features |
Duration |
PROJECT FINANCE
|
This facility supports projects end to end by ensuring the key components of a project are financed to completion successfully. This may include construction, machinery requirements and working capital. All requirements are financed as a single facility.
|
Financing is up to 67% of the total project cost.
|
5 to 10 years, with a grace period of up to 24 months
|
WORKING CAPITAL
|
This facility supports operations of existing businesses such as purchase of inputs and management of cash flows.
|
Tailored to suit the business operating and cash conversion cycle.
|
3 years with a grace period of up to 6 months.
|
ASSET FINANCE
|
This facility is for acquisition of assets by existing enterprises including machinery, plant, equipment and non-P.S.V motor vehicles.
|
- The equipment forms the primary security for lending.
- Financing is up to 90% of the total cost of asset.
|
5 years with a grace period of 6 to 12 months
|
ENERGY EFFICIENCY LOAN
|
KDC supports innovations geared towards reducing energy costs and / or environmental sustainability.
|
Energy costs form a major component of an enterprise expenses.
|
5 to 10 years, with a grace period of up to 24 months
|
EXIM INDIA LINE OF CREDIT FACILITY
|
This facility supports Kenya’s industrial enterprises to purchase plant, machinery and equipment from India.
|
- Equipment must be from India
- The equipment is eligible for tax exemption
- A contract must be signed with a supplier in a pre-designed format
- Advance payments are allowed up to 20%, and there must be at least 10% retention payable upon successful installation and commissioning of machinery and equipment at the importer’s site.
- Minimum contract value is US$50,000
- Financing is in Kshs
|
5 to 10 years including grace period of up to 24 months
|
ORDINARY EQUITY
|
The Corporation helps create new entities by taking a stake in the entity.
|
The Corporation can take an equity stake of up to 30% in a company with a clearly defined exit mechanism.
|
Up to 10 years, with no grace period.
|
REDEEMABLE PREFERENCE CAPITAL
|
The Corporation provides preferential capital to entities that will be repaid over a specified period of time.
|
The Corporation can take an equity stake of up to 30% in a company with a clearly defined exit mechanism.
|
Up to 10 years, with no grace period.
|