GENERAL REQUIREMENT TO OBTAIN A CREDIT FACILITY
 A KCBL customer who has a desire to apply for a loan in the institution must fulfill the below requirements before writing application letter.
•    Must have at least 3months well serviced saving account according to his or her business operations.
•    Must have a continued/existing registered business/economic project.
•    Must have a collateral (registered immovable property /house with deed) to secure his/her loan.
•    Must have good history in other Financial Institutions.
•    Visit to his /her business site and collateral.

Coupled with the above requirements later the client will need to submit the  following documents:
•    Audited accounts of his business
•    Valid insurance for his/her collateral /property.
•    Land rent for his/her collateral
•    Fill the Spouse/Owner’s Consent form
•    Register his /her collateral in favor of  KCBL.

Without delay, a client will get the loan as soon as possible after he/she completed the above requirements and documentation.

TRADE LOANS:
KCBL TRADE LOANS allows the customer to borrow money from the bank as a working capital and repay the money back with flexible repayment installment schedule every month.

Benefits Of KCBL Trade Loans:

•    Low interest rates.
•    Regular Flexible repayment schedule.
•    Simple and open procedures.

Conditions And Requirements For Trade Loans:

•   The customer must have an account with KCBL e.g. savings account.
•   The customer must have an existing business.
•    Loan application letter.
•    Member/ Board Resolution to borrow (in case of groups, companies and co-operatives).
•    Audited financial Statements for the last/previous financial year.

 KCBL TRADE LOANS are provided to all economic sectors in Kilimanjaro region such as:

•    Agriculture sectors.
•    Manufacturing.
•    Trade.
•    Transport and communication.
•    Social (Education, Health).
•    Building and Construction.
•    Financial Intermediaries.
•    Tourism (Hotels, Restaurants)
•    Others

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