Need Receivables Financing Facility from Kenya Development Corporation (KDC)
Loan PurposeFinancing working capital requirements of businesses to enable them continue their day-to-day operations as they await payment from their major off-takers and customers.
Target MarketSectors: Health, Post-Harvest Management, Manufacturing.
Facility StructureRevolving facility limit renewable annually based on performance.
Loan AmountMinimum Kshs 5 million
PricingAttractive rates and fees
Facility Tenor1 year, renewable based on performance.
RepaymentStructured payments tied to receipts.
Key Requirements
  • Legal status: Must be a registered business in Kenya.
  • Operating duration: At least 3 years operating track record.
  • Banking & compliance: 12 months bank statements.
  • Creditworthiness of debtor: With established payment history.
  • Assignment of receivables.
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