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Friday, 23 December 2011

AccessBank Tanzania

microfinance.
Business Loans

One of the main objectives of AccessBank Tanzania is to enhance and broaden the availability of loan facilities to micro, small and medium-sized enterprises (MSMEs) in the country. The lending products are directed primarily at such businesses which have outgrown the capacities or structures of existing “microfinance institutions” (i.e. non-bank organisations which provide very small loans to entrepreneurs or groups of entrepreneurs) but are either not yet eligible for conventional bank credit or have seen their efforts to borrow from banks frustrated by their bureaucracy or collateral requirements.

Credit amounts in our business loan product line are currently ranging from as little as TZS 100,000 to TZS 50 million, although larger applications are considered on a case-by-case basis. The amounts and other terms granted to successful applicants are generally tailored in accordance with the size and absorption capacity of the borrower business.

Prospective borrowers must be ready to provide full and open disclosure of their financial situation.

Online Enquiry Form for interested SME Loan Clients
Loans to micro and small businesses

AccessBank also provides loans to micro and small businesses from TZS 100,000 up to TZS 25,000,000, with a maximum maturity of 18 months.

Benefits include:
Flexible collateral arrangements depending on loan size (household goods, business equipment, goods in stock, vehicles, property etc.)
Less documentation requirements than most other banks in the marketplace. No audited financial statements required.
Loan amounts and maturities are tailored to the strength and nature of your enterprise.
No hidden costs such as additional fees and commissions: You only pay the interest (starting from 3.5% p.m. on declining balance, depending on amount and credit history). Do not let yourself be fooled by lower nominal rates elsewhere - meet our loan officers today for an indicative price proposal and compare with your current creditor.
Long-standing clients with impeccable repayment record qualify for successive interest rate discounts and even faster loan processing.
No borrower groups.

Kindly note that all applications undergo an on-site assessment by one of our lending staff prior to a committee decision.
Branches

Kijitonyama Branch
Derm House
Kijitonyama ( opposite the Makumbusho Village Museum )
Ali Hassan Mwinyi Road
Tel: +255-22-2774380
Fax: +255-22-2774370

Temeke Branch
Temeke ( opposite the Temeke District Hospital )
Temeke Street
Tel: +255-22-2857095
Fax: +255-22-2887098

Kariakoo Branch
Summit Tower
Kariakoo ( opposite Mnazi Mmoja )
Lumumba Road
Tel: +255-22-2185241
Fax: +255-22-2185247

Manzese Branch
Manzese ( close to the foot bridge, 'darajani' )
Morogoro Road
Tel: +255-22-2401355

Email : info@accessbank.co.tz

AAR Credit

Asset Financing

AAR Credit has entered into agreements with selected vendors of office and IT equipment enabling their customers to obtain term financing for the purchase of equipment. AAR finances the purchase of:

• Computers
• Printers
• Photocopiers
• Other Office Equipment
Loan Conditions

Employed Persons

• Copy of ID/Valid Passport
• Copy of PIN
• Certified copies of the last 6 months bank statements.
• Certified copies of the last 3 months payslip.

Self Employed Persons

• Copy of ID/Valid Passport
• Copy of PIN
• Certified copies of the last 6 months bank statements.

Limited Liability Company

• Copy of Certificate of Incorporation OR
• Copy of Business Registration Certificate
• Copy of Company PIN
• Certified copies of the last 6 months bank statements.
Insurance Premium Financing

AAR Credit Services has contracted with a number of insurance underwriters to finance their customers for the payment of annual general insurance premiums.
Loan Conditions

• First monthly loan instalment payable upfront before disbursement of loan.
• Completed AAR Credit General Insurance Loan Application Form.
• Completed Insurance Proposal OR Copy of Insurance Renewal Notice.
• First cheque with Current Date. and the remaining Post Dated Cheques, or Bank Standing Order Form, or Letter from Employer confirming Check Off.
Contacts

AAR Credit Services Ltd
1st Floor, Methodist Ministries building
Oloitoktok Road,
Nairobi, Kenya.
Tel: + 254 020 386 1673 -5
Email: credit@aar.co.ke

Thursday, 22 December 2011

UWEZO DTM LTD

Biashara Loans


Target: Micro Business and SMEs

Purpose:Working Capital, technological improvements, innovations

Min. Loan Size: KShs. 10,000/- upwards

Repayment:Monthly

Incentive:Interest Rate Graduation



Salary / Check off loans / Individual

Target: Employees of reputable companies

Purpose: Emergency, Education etc

Min. Loan Size: Kshs 5,000/-

Repayment: Monthly

Incentive: Fast loan processing, Competitive interest rates



Asset Financing Loans

Acquire business asset and technological improvements

Min. Loan Size: Kshs. 10,000/-

Repayment: Monthly

Incentive: Fast loan processing, Competitive Interest rates and asset acts as security



LPO Financing Loan

Target: SME and individual with orders to supply

Purpose: Liquidity management, business growth

Min. Loan Size: Kshs. 20,000/-

Incentive: Fast Access



Insurance Premium Financing (Bima Loan)

Target: SMEs, Salaried Individuals

Purpose: Easy Payment of insurance premiums

Min Loan Size: Kshs. 20,000/-

Repayment: Monthly

Incentives: Asset Acquired acts as security



Duty Financing

Target: SMEs and Importers of Motor Vehicles, machinery and equipments

Purpose: Payment of Import Duty

Min Loan Size: Kshs. 10,000/-

Repayment: Monthly

Incentives: Asset Acquired acts as security , Fast Loan Processing



Young Professionals (Vijana Loans)

Target: Graduates from colleges and universities

Purpose: Transforming ideas into business

Min Loan Size: Kshs. 10,000/-

Repayment: Monthly

*******************************

Head Office: Rehani House 11th floor, Koinange/Kenyatta Avenue

Branch office: Park Plaza Ground Floor Moktah Daddah Street
Nairobi
P.O. Box 1654 00100
Kenya

info@uwezodtm.com
+254-20-2212917/9 , 0720350808 ,0733350800
http://www.uwezodtm.com

Indo Africa Finance

Contact Us

Should you be interested in a personalized discussion on Indo-Africa Finance organization: LPO loans, Agriculture,Livestock loans, business loans etc

please feel free to contact us at:



Museum Hill Centre, 3rd Floor, Museum Hill Road,

P.O. Box 39435-00623 Nairobi – Kenya.

Telephone: 020-2692965/6 Cell: 0733-200030 / 0717-399181



Kitengela Branch: Nurick Business Center, Opposite Sandalwood Hotel.

Telephone: 020-2692965/6 Cell: 0733-200030, 0717-399181

Email: info@indoafricafinance.co.ke Web: www.indoafricafinance.co.ke

MKOPO KWA WOTE - KCB


Why loans?
Loans are important for the development of our country’s economy:

Individuals borrow loans for life enhancement purposes i.e. Investments that are income generating and that will improve/increase levels of income (e.g. borrowing a construction loan to construct rental houses.) When the public’s source of income increase it has a ripple effect to the country’s economy
Individuals also borrow loans to enable them further their studies. An economy that has high literacy level performs better than the economy where the illiteracy levels are high.
Therefore loans play an important role in the development of our country’s economy.
Loan facilitates faster access to our goals that otherwise would have taken a long time to be realized e.g. Owning a home.
Loans enable us to attend to emergencies e.g. medical emergencies when one has not money.

What can loans do for you?
 
Loans improve/enhance livelihood in the following ways:
Open/ expand business: Successful business persons have utilized loans to open new businesses and expand existing businesses.
Asset acquisition (Land, machinery, house etc): Individuals have successfully bought land, machinery and houses through loans
Pay school fees: Loans have enabled individuals further their education and in turn develop their careers. People have also taken loans to pay for their children’s school fees.
Pay medical bill: Loans have enabled people get medical treatment for themselves or their loved ones.
Household consumables: Loans have enabled individuals buy household consumables.
Pay bills: Individuals have utilized loans to pay bills e.g. rent when they are going through difficult financial times
Personal development: Loans have enabled individuals further their education and in turn develop their careers
Leisure: People have taken loans to enable them take their loved ones for holiday e.g. during the festive seasons. This is an easier option for them as they may not have been able to afford the money in lump some and taking a loan will enable them pay for the holiday in affordable installments and flexible repayment period.

Why do we fear loans?
Myths around loans: People fear applying for loans because of myths they have hard e.g. Loans are too expensive, Loans are only for the rich, and many more myths. However these myths are not the reality as any one can with a steady source of income from Kshs. 3,000 can apply for a KCB loan.
Loss of repayment ability: People fear taking loans because they are unsure of what will happen in case of loss of the repayment ability e.g. Loss of employment. However we encourage applicants to get as much information from the personal bankers to erase unnecessary fears. When one losses there job or repayment ability ones should initiate discussions with their branch to enable them reach an amicable conclusion on how to m the situation.

How to shop for a loan: How to identify a loan that suits your need and borrow wisely
Before borrowing a loan, one should approach a bank explain their need to a personal banker and understand the specific loan that will suit their need. E.g. Mortgage, Business Loan, or Personal loan
Key points to note include the following:
Avoid expensive loans

It is advisable not to give into informal money lenders “Shylocks”, because of the urgency of a certain situation. This is because of the following reasons:
The informal money lender often operate illegally
The informal money lenders repayment periods are often very short.
The informal money lenders interest rates are often quiet high.
Due to the short repayment periods and high interest rates the informal money lenders loans are often very expensive.
Compare interest rates for different types of loans and banks

It is advisable to compare interest rates for different types of loans and banks for the following reasons:
Banks have different interest rates for different kinds of products and it is therefore imperative that when an individual decides to take a loan, they should compare different offerings from different banks.
More often than not by comparing the interest rates, these individuals who intend to borrow will realize that interest rates are vary significantly from bank to bank thus enabling the individuals to save money or qualify to borrow higher amounts.
Individuals in employment should confirm whether their employer is on a check off agreement with any lending institution. Check off loans tend to be cheaper than most loans.
Assess the repayment amount and personal repayment ability

Individuals seeking to borrow loans should assess the loan repayment amounts for the loans they have identified and have decided to borrow against their repayment ability which is highly dependent on their cost of living. This is because of the following reasons:
To avoid straining oneself and getting stress related illness as one is unable to manage their other expenses other than the loan repayments.
To avoid sudden or extreme change of lifestyle as one is unable to maintain the same standard of living due to the monthly repayments.
To avoid situations where one is forced to start borrowing from family members and informal money lenders as they are unable to cope with both the monthly repayment of the loans and their family’s needs or requirements.
Assess the loan processing turn around times

Individuals intending to borrow should assess the lending institutions turn around times for the following reasons:
The individual’s reason for borrowing maybe time bound e.g. LPO financing, Medical Emergency or even buying a property and therefore if the loan delays it will be of no use to them.
The longer the turn around time the more anxious the individual will be. Delay of responses may close out other opportunities for the borrower.
Assess the loan application procedure
Some lending institutions may have long complicated procedure for borrowing loans which are time wasting and are especially dangerous for time bound needs. This will place the borrower in a situation where they experience anxiety.
On the other hand other lending institutions have straight forward lending procedures, short, precise and customer friendly.

How to successfully apply for a loan: How to ensure your loan is processed with ease and speed.
A loan applicant should ensure that they get a Loan application checklist from the lending bank, to enable the applicant prepare all the documentations required for ease and speed of processing the loan application.
One should have already confirmed his/her reasons for getting a loan and have dealt with all fears associated with getting a loan.
One should have identified the loan that suits their needs.
One should have shopped for the right lending institution.
One should ensure that they receive a checklist from the lending institution to enable them prepare all the documentations required for ease and speed of processing the loan application.
A loan applicant should also ensure that the certification of his/her documents has been finalized.
When one is taking a secured loan one should ensure that the security (guarantors) is in order.

How to manage loan repayments: It is important for Individuals to know how to manage their loan repayments as indicated below:
Incase of loss of income one should advise the bank immediately and the bank official will guide on restructuring of the loan repayment.
The loan applicant should ensure that repayments are done on time
The individual borrowing has the option of a standing order
The individual borrowing has the option of direct credits from employer
Incase of loss of life the insurance will pay off the loan.
Loan top-up: When is one eligible for a loan top up?
Having successfully paid off a loan for certain duration of time, one is eligible for a top-up depending on their repayment ability.
When one has a margin available on their pay slip e.g. the initial loan did not exhaust the pay slip
When one gets an extra source of income e.g. rental income etc
When one gets promoted and the salary enhanced
When one can transfers his/her loan to a lending institution with a lower interest rate the margin will allow them to top up the loan.

How to make loans work for you: Ensure that you have thought through the entire project from beginning to the end to enable you know the amount of money to borrow.

Transfer of loans from one bank to another
Banks often allow for transfer of loans from one bank to another to enable an individual manages their loan better or consolidate the loans.
Change of interest rates (More attractive product)
Employer relations with the bank

NATIONAL BANK OF KENYA

 INUA BIASHARA (SME LOAN)



Features & BenefitsFlexible collateral requirement
Fast loan processing
Loans of up to 60,000 000/=
Access to overdraft facility
Repayment period of up to 4 years
Eligibility to premium banking business club membership
Access to training seminars sponsored by the bank

Requirements
Well conducted bank account
Brief description of the purpose for which loan is required
Cash flow statements to demonstrate ability to repay loan
Audited account for amounts min. 1,000 000/= and max. 60,000 000/=


B) MIWA LOAN

This is a loan facility for the Sugarcane farmers who are receiving their Sugarcane proceeds in their account with National Bank.

Features & Benefits
Loan amount: min. Kshs 10,000 & max. Kshs 500,000
Competitive interest rates
Appraisal fees: 2%
Repayment period: 1 – 6 months

Requirements
Account holders with cane proceeds received through bank
Copy of title & map location of the farm
Letter of undertaking from sugar company showing history of the cane farm
C) LPO FINANCING
This is a facility to assist individuals’ service their LPO’s

Features & Benefits
Financing of up to 80% of the amount specified on the LPO
Competitive interest rates
Repayment period: 3 months

Requirements
Bank customer for at least 6 months
Present LPO to be financed
Relevant business documents: PIN, certificate, trade licenses, e.t.c.

D) TEA LOAN
This is a loan facility for the Tea farmers who are receiving their tea proceeds in their account with National Bank.

Features & Benefits
Amount: Minimum Kshs. 10,000/= up to Kshs. 500,000/=
Competitive interest rates
Repayment period – periodically depending on income.

Requirements
Recent 3 months pay slip
Letter of undertaking from factories showing history of the farmer /tea farm.
Account holders with tea proceeds received through the bank.
Copy of title deed and map of location of farm.

E) SALARY ADVANCED FACILITY 

This is an advance facility for individuals whose salaries are channeled through their accounts with the Bank.

Features & Benefits
Amount: advance for up to a maximum of 50% of net salary (min. ksh 2,000 – max ksh 100,000)
Repayment period: 1 month
Competitive interest rates

Requirements
Must be an existing account holder & with a good account record
Employer shall endorse that applicant’s salary shall be channeled through the bank
Salary must have been channeled through the bank for a minimum period of 6 months

F) KENYA SEEDS FARMER'S LOAN
This is a loan facility for seed farmers who have been contracted to produce seeds on behalf of Kenya Seed Company Ltd.

For more information, visit any of our nearest outlets countrywide.


G) NBK Personal Loan



At times, you need a large amount of money to make your dreams come true. Our Personal Loan will help you satisfy your personal needs. Apply for a Personal Loan, our Application takes just minutes to complete and you'll get a response within 48 hours.
Unsecured unto Kshs1 million
Flexible Repayment Periods of up to 60 months
Fixed Repayments
Credit Protection Cover

H) Car Loan

A smarter way to get a great deal on your new car!

NBK Loans enables you to get the car of your dream in affordable and convenient installments. We understand that every car buyer's needs are different. This is the reason why we offer you Car Loan Schemes that will suit your requirements.

With An NBK Auto Loan you can acquire a loan with minimum fuss and maximum assistance.

I) HELB Loan (Education)



Although college is becoming increasingly expensive, the cost should not prohibit you from getting the education you deserve. The Bank disburses loans to the public university students on behalf of HELB. NBK can show you how to make a college education affordable. NBK offers several ways to pay for tuition fees using HELB loans. Invest in the value of higher education and your own market worth is sure to increase. If you are wondering what time will cover all your college expenses including tuition- HELB always provides an answer.

Monday, 5 December 2011

LOANS ON SALARIED WORKERS

Moi Ave
Nairobi Central
Nairobi

Contact: 0723411791

Loan dealers

maduka exhibition shop14
Tom Mboya Str
City Sq
Nairobi






Located close to the opposite imenti house

Contact: 722698725

Instant Loans on Items

Posta Stall 12 Ground Floor
Tomboya Str
Nairobi Central
Nairobi

Contact us: 0720114347

Instant Loans on Items
cars

batteries
Servicers

phones
Services

phones
Services

batteries
Services

Computers
Services

Tv sets

Instant cash agencies

Waiyaki Way
Lower Kabete
Nairobi

Contact: 0721963444

instant loan

off AA Rd
Embakasi
Nairobi

Located close to the Blue Space Bar

Contact: 722694340

Bruma loans

Off Thika Rd
Githurai
Nairobi

Located close to the vesh investment

Contact: 0723479413

household items

Affordable Instant Loans

Loans on electronics

Komarock Rd
Dandora phase 3
Nairobi

Contact: 0721955506

Be Smart Soft Loans

Kariobangi South Market
Mutarakwa Rd
Kariobangi South
Nairobi

Contact: 0722371955

Quick Wayout Emergency Loan

Magadi Rd
Ongata Rongai
Nairobi

Located close to the Kware Market

Contact: 721913903 / 738289211

Soft Loan Enteprise

Muigai Kenyatta Rd
Dandora
Nairobi

Located close to the Tom Mboya Primary School

Contact: 0711369288

Synergy Industrial Credit Limited

Posta Sacco Plaza
University Way
Nairobi Central
Nairobi

Located close to the anniversary towers

Contact: 722853953

Metropol E.A Ltd

Hazina Towers
13th Floor
Utalii Ln
Nairobi Central
Nairobi

Located close to the anniversary towers

Contact: 717777951

Harambee Co-operative Savings & Credit Society Ltd

Harambee Plaza
Uhuru Highway
Nairobi Central
Nairobi

Located close to the Harambee Co-operative Savings & Credit Society Ltd

Contact: 020-343766, 202223878

Credit Africa Ltd

Fourway Towers
Moktar Daddah
Nairobi Central
Nairobi

Located close to the equity bank, ngara branch

Contact: 720151999

JARIBU CREDIT

Dar Es Salaam Rd
Industrial Area
Nairobi

Contact: 722935539

MOLYN CREDIT

Standard Str
City Centre
Nairobi

Contact: 723831653

PLATINUM CREDIT

Union Towers
2nd Floor
Moi Ave
City Centre
Nairobi

Contact: 720811686

UNIVERSAL CREDITS

View Pk Towers
1st Floor
Utalii Ln
Nairobi Central
Nairobi

Located close to the anniversary towers

Contact: 735263326

Sunday, 4 December 2011