GET A START UP LOAN HERE

1,121

Get real time updates directly on you device, subscribe now.

The youth suffer most in starting up a venture because of lack of capital. Are you an individual youth who wishes to start a commercial enterprise?

Youth Enterprise Development Fund is giving you a helping hand when it comes to funding your own business.You can get your individual start up loan that they have dubbed vuka start up.You can get a minimum loan of Ksh. 10,000 up to a maximum of Ksh. 2,000,000 with an interest of 6% per annum. There is management fee of 1% and a grace period offered for 1 month. The payment periods are as follows:

  • up to Ksh. 100,000 ,a maximum of 2 years
  • up to Ksh. 300,000, a maximum of 3 years
  • up to Ksh. 500,000 ,a maximum of 4 years
  • up to Ksh. 1,000,000 ,a maximum of 5 years
  • above Ksh. 1,000,000 ,a maximum of 6 years

The applicant may use the loan for working capital or to purchase income generating assets. The start up loans  will be granted to youth with alternative verifiable income and a viable business plan.

To apply, visit their offices at sub-county offices in your respective constituency.

Contacts:

Youth Enterprise Development Fund- 4th floor of Renaissance corporate park of Elgon road, UpperHill

Tel: +254-20-2211672/8 +254202091720 +25423522841

Email: [email protected], [email protected] [email protected]

Get real time updates directly on you device, subscribe now.

Comments

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. AcceptRead More