Need Boresha Mifugo - Agri Asset Financing from Kenya Development Corporation (KDC)

This facility enables purchase of a wide range of agricultural machinery, processing equipment, motor vehicles, tractors and other farm implements

Areas of Focus

Livestock value chain in sheep, goats, beef cattle and camels in 21 gazetted Arid and Semi-Arid (ASAL) Counties

Key Features
  • Minimum loan amount of Kes 2 million
  • Tenure of up to 72 months with flexible repayment frequency
  • Competitive pricing
  • Terms and conditions apply
Application Requirements
  1. Duly filled application form

  2. Board Resolution to borrow or to invite KDC to acquire a stake in the Company 

  3. Feasibility Study /Business plan including Financial projections for the duration of the facility/Business profile (where applicable)
    • Linkage to ASAL communities Social,
    • Economic and Environmental impact
  4. Copy of Certificate of Incorporation

  5. Copy of Memorandum and Articles of Association/CR2

  6. Copy of Company’s KRA PIN and CR12  

  7. Tax Compliance Certificate (existing company)

  8. Copy of latest Annual Return (existing company) 

  9. Copy of ID and KRA PIN of Directors/Shareholders

  10. 2 recent colored passport photographs of Directors/Shareholders

  11. Profiles of Shareholders/Directors and key Management

  12. Bank Statements and/or Money Transfer Statements for the last 12 months (existing company)

  13. Audited Accounts for the last 3 years and Management Accounts for the current financial year (existing company)

  14. Copy of Bill of Quantities (BQs)/Quotations/Proforma Invoice (where applicable)

  15. Proposed Security for the loan

  16. Tenancy agreement long enough to cover the tenure of KDC’s facility, in respect of suitable rented property 

  17. Copies of relevant Government of Kenya Licenses & Regulatory permits

  18. Confirmation that lead promoters shall finance at least 25% for large businesses or 10% for women and youth enterprises of the cost of the project

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Company Profile
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Our Strategic plan
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