Avenews Agribusiness Loan Details

Rates available from as of 1st April 2021
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Agribusiness Loan
Upto ksh10M
2 weeks - 6 weeks
Total Cost
6% - 12% per loan
Business Permit Required
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Loan Cost

  • Minimum Interest: 0
  • Maximum Interest: 0
  • Application Fee: 0
  • Loan Fees: 6% - 12%
  • Excise Duty: 20% of loan fees

Loan structure

  • Type: Unsecured
  • Loan Fees structure: Flat rate
  • Collateral needed: None

Loan  Details

  • Loan size: SME
  • Minimum tenure: 2 weeks
  • Max tenure: 6 weeks
  • Minimum Amount: ksh100K
  • Maximum amount: ksh10M
  • Repayment Frequency: Monthly


  • Time in operation: 6 Months
  • Existing Agri-Business


  • National ID
  • KRA Pin
  • Passport photo
  • Business records
  • Registration certificate
  • Business license
  • 6 months Mpesa statements

Avenews is a Digital Lender licensed under the Central Bank (Amendment)Act of 2021 and regulated by the Central Bank of Kenya.

Money254 Review


  • Specialised Agri-value chain credit provider
  • Large Loan tickets: Loan sizes of up to ksh10M
  • Unsecured Loans: No security or Collateral needed to access this Loan


  • Relatively short duration: Maximum duration offered only 6 weeks.

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