Kingdom Bank

Faidi Dada Loan

Faidi Dada Loan option is a working capital, operational expenses, capital expenditure and business expansion solution that targets businesses/entities:
• Owned by women.
• Led by women in terms of ownership, management and workforce.

Faidi Dada Loan
A one of a kind loan facility for Women in Business with a loan limit of up to 40M. This account provides unsecured loan limits of up to 3M.
A facility targeted at Women Owned Business Entities
For Amounts above 3M to 10M no discounting the value of conventional securities, Flexible security for secured loans, Available for both existing and new to bank customers with Flexible repayment period aligned to business cycles, purpose, business type and cashflows.
Features of the

Faidi Dada Loan

  • Affordable & competitive interest rates.
  • Loan limit up to Ksh. 40 Million
  • .Unsecured for amounts up to Ksh. 3 Million.
  • Flexible security for secured loans
  • Available for both existing and new to bank customers
  • Flexible repayment period aligned to business cycles, purpose, business type and cashflows.

Benefits

  • Quick Turn Around Time, Loan processing within 24 hours
  • Affordable & competitive interest rates and application fees.
  • Dedicated Relationship managers.
  • Frequent MSME clinics/ training sessions.
  • Loan top ups available of up to 100% graduation.
  • Negotiated medical cover for both outpatient and inpatient; the medical cover amount to be added to the loan amount.

Supplementary/ Emergency Loan

  • 6-months bank statement
  • The Business should have been in existence at least 1 year.
  • Copy of National ID/passport.
  • KRA Pin.
  • Business permit.
  • Any other documentation that may be required by the bank.

Requirements

  • Eligibility to qualify for supplementary/emergency loan if having Faidi Dada account.
  • Convenient repayment period of up to12 months.
  • Turn Around Time of 12 hours.
  • No guarantor required.

Apply for a Loan

Faidi Dada Loan

Kingdom Bank is a subsidiary of the Co-operative Bank of Kenya, following its acquisition of Kingdom Bank in August 2020. We are now part of a Group with over Kes. 457 Billion total assets and Kes 20.7 Billion profit before tax as at 31 December 2019.

Contact Us

Kingdom Bank Towers,
Argwings Kodhek Road, Kilimani. 

P. O. Box 22741- 00400 Nairobi, Kenya 

Landline: 020-221 0339
Mobile: 0709 881 000, 0709 881 300 

Email: info@kingdombankltd.co.ke

QUICK LINKS

Terms and Conditions

General Terms and Conditions for Loan on Phone

Branches and ATM Locations

App Download 

The Tariff Guide

Resumption of Charges for Bank Account-to-Mobile Money Wallet Transfers

Complaints Handling Procedure

Beneficial Ownership Form

Assets for Sale - Cars, Properties & Equipment

Proudly built by Frank Ameka Media.

Hit enter to search or ESC to close

Forex Rates by October 17, 2024
USD: BUY 127.00 SELL 131.00GBP: BUY 164.10 SELL 172.30EUR: BUY 136.60 SELL 144.75JPY: BUY 0 SELL 0.88ZAR: BUY 0 SELL 7.45