The Vijana Loan is designed to empower young entrepreneurs who own existing formal businesses and seek to expand or strengthen their ventures. It provides affordable and flexible financing to support working capital, business expansion, and the purchase of income-generating assets.

This loan product promotes youth entrepreneurship by offering mentorship, business skills training, and favorable terms that encourage sustainable growth. With manageable repayment options and minimal security requirements, the Vijana Loan gives young business owners the opportunity to realize their full potential.

Features Include:

❖ Access to flexible loans
❖ Flexible security requirements
❖ Access to business skills training and mentorship
❖ Easy monthly installments
❖ Be between 18-45 years old
❖ Competitive Interest rate per month
❖ Be in a group of 10 members
❖ Have a good Feasible Business Idea
❖ Be contributing non-withdrawal deposit to account
❖ Minimum of Ksh. 10,000 to Ksh. 100,000 and must be secured by savings, or tangible assets or guaranteed

Levels

Level I: Up to Ksh. 10,000, maximum 3 months , 5× savings multiplier

Level II: Up to Ksh. 20,000, maximum 6 months, 4× savings multiplier

Level III: Up to Ksh. 50,000, maximum 11 months, 3× savings multiplier

Level IV: Up to Ksh. 100,000, maximum 18 months, 3× savings multiplier

Level V: Above Ksh. 100,000, maximum 36 months, 3× savings multiplier