KCB Bank Kenya Limited Soko Loan Details

Rates available from as of 1st April 2021
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KCB Bank Kenya Limited

Soko Loan
Ksh10k - 100k
1 Month - 12 Months
Total Cost
17.45% annualized (year 1)
Business Permit Required
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Loan Cost

  • Interest: 13%
  • Application Fee: 0
  • Processing Fee: 3%
  • Excise Duty: 20% of processing fee
  • Credit Insurance: 0.85%

Loan structure

  • Type: Secured
  • Interest structure: Reducing Balance
  • Security needed: 3 Guarantors

Loan  Details

  • Loan size: Micro/SME
  • Minimum tenure: 1 Months
  • Max tenure: 12 Months
  • Minimum amount: ksh10K
  • Max amount: ksh100k
  • Repayment Frequency: Monthly


  • Time in operation: 6 Months
  • Banking History: 6 months


  • National ID
  • KRA Pin
  • 6 Months Bank Statement
  • Letter from Market board
  • T&C Link

Example Representative Pricing

  • Loan Amount: ksh100,000
  • Annual Interest Rate: 13%
  • Processing Fee: ksh3000
  • Excise Duty: ksh600
  • Credit insurance: ksh850
  • Loan duration: 12 months
  • Estimated Monthly repayment: ksh8,932
  • Estimated Total repayment amount: ksh110,721

This product is provided by KCB Bank Kenya Limited. KCB Bank Kenya Limited is a Commercial Bank licensed under the Banking Act Cap 488 of the Laws of Kenya and regulated by the Central Bank of Kenya

Money254 Review


  • Available to businesses without formal registration
  • Available to micro businesses


  • Requires 3 guarantors

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How to Apply KCB Bank Kenya Soko Loan, Structure, Repayment, Fees & Contacts

KCB Bank Kenya Soko loan is designed for business people to help them to propel their businesses forward.

Who is Eligible for KCB Bank Kenya Soko Loan?

 KCB Bank Kenya Soko Loan Security/Collateral

‍ KCB Bank Kenya Soko Loan limits and Interest rates‍

Other Fees

KCB Bank Kenya Soko Loan Interest Structure

KCB Bank Kenya Soko Loan Interest Structure

How to Make KCB Bank Kenya Soko Loan Repayments


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