Call for Application – Kenya Development Corporation Calls for Applications to SAFER Fund for MSME Financing. The Kenya Development Corporation Limited (KDC) is a State Corporation established to facilitate Industrial and Economic Development in Kenya by providing development finance in target sectors in Kenya.
KDC seeks to partner with regulated financial institutions to support viable MSMES through the SAFER fund. The objective of the SAFER project is therefore to unlock lending to MSMES post the COVID -19 crisis and beyond to support recovery and growth of enterprises.
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The Corporation invites loan applications from interested Licensed Micro Finance Institutions (MFI’s), Licensed Commercial Banks, Licensed Deposit Taking Sacco’s, Licensed Non-withdrawable Deposit Taking Sacco’s to apply for the SAFER fund by complying with the following terms;
How To Apply for Kenya Development Corporation Calls for Applications to SAFER Fund
Login in to Kenya Development Corporation Website
Click SAFER Portal;
Download mandatory requirements form provided for reference and compliance;
Accept the terms and conditions to comply with the Non-Disclosure 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.
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NOTE.
All applicants must disclose the proposed on-lending margin.
All applicants must have a digital lending plat-form
About
KDC is mandated to play a catalytic role in Kenya’s socio-economic development by providing long-term financing and other financial, investment and business advisory services. Therefore, KDC plays an important role in addressing critical gaps for long-term funding that cannot be met by commercial banks in target sectors in Kenya and elsewhere.