Kenya Industrial Estates (KIE) SME Loans

Overview

Kenya Industrial Estates (KIE) was established by the government of Kenya in 1967 with a mandate to promote Small and Medium Industries with focus on Rural SME Parks, Sheds, and Incubators across the country. KIE provides affordable medium to long-term finance to micro, small and medium industries (MSMIs).

Loan Amounts and Terms

For SMEs, loan sizes range from KES 100,000 to KES 20 million payable over a duration of 84 months maximum. For micro-loans targeting youths, women groups, and Jua Kali operators, the loan size ranges from a minimum of KES 10,000 to a maximum of KES 500,000. Interest rates are competitive and designed to be affordable for small businesses.

Purpose and Eligible Sectors

KIE loans can be used for the purchase of machinery, equipment, and working capital, either for start-ups, expansion, modernization, or rehabilitation. The fund focuses on priority sectors identified in Kenya's Vision 2030, including manufacturing, agriculture, transport, commerce, and other productive sectors.

Eligibility Requirements

Applicants must have a registered business in Kenya, a viable business plan, and collateral or guarantees as required. The business should be in sectors aligned with Kenya's development priorities. Both new startups and existing businesses seeking expansion or modernization are eligible.

Application Process

Applications are submitted through KIE offices or the official website at kenyaindustrialestates.go.ke. Required documents include business registration, national ID, business plan, financial statements, and proof of location. KIE provides business advisory services to help applicants prepare strong loan applications.

Contact Information

Visit kenyaindustrialestates.go.ke or contact KIE offices for loan applications and business advisory services. KIE has a national presence with offices accessible across Kenya's counties.