CALL FOR APPLICATIONS (EXTENSION) SUPPORTING ACCESS TO FINANCE AND ENTERPRISE RECOVERY (SAFER) FUND
KENYA DEVELOPMENT CORPORATION LIMITED TENDER MAY 2024
CALL FOR APPLICATIONS (EXTENSION) SUPPORTING ACCESS TO FINANCE AND ENTERPRISE RECOVERY (SAFER) FUND
The Kenya Development Corporation Limited (ROC) is a Stale Corporation established in 2020 to facilitate industrial and socio-economic development in Kenya by providing long-term financing and otherfinancial, imrestment and business advisory services in target sectors of the economy.
KDC seeks to partner with regulated financial institutions to support viable MSMEs through the SAFER Fund. The objective of the Fund is to unlock lending to MSMEs post the COVID -19 crisis and beyond to support recovery and growth of the enterpris..This will entail wholesaling loans to regulated Participating Financial institutions (PM) meeting the set criteria and focused on lending to MSMEs in al! sectors of the economy.
The Corporation invites loan applications from Interested Savings B Credit Cooperatives regulated by the SACCO Societies Regulatory Authority, Micro Finance Ranks regulated by the Central Bank of Kenya, and Commercial Banks with digital lending platforms focused on M5MEs lending to apply for the SAFER Fund by complying with the following terms;
HOW TO APPLY.
· Login in to Kenya Development Corporation Website: https:111cdc.go.ke/
· Click SAFER Portal;
Download mandatory requirements form provided for reference and compliance;
· Accept the terms and conditions to comply with the Non-Disdosure Agreement requirement;
· Create account;
Fill in the required details attach the required documents as per the provided application tabs and submit.
· All attachments must be in PDF format.
NOTE
I. Alf loan applications will be done ONLINE as per the requirements it the SAFER Portal.
2. Hard copies will NOT be accepted.
3. The online loan application will be open for 21 working Days, commencing from 14th May 2024 to 11th june 2024
Midnight
DIRECTOR GENERAL
KENYA DEVELOPMENT CORPORATION LIMITED