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1. C-Yes Rausha loan
This is a constituency based loan that targets new group projects. It is intended to start off youth who are venturing into business.
Features of the loan
- Maximum amount of loan is Ksh. 50,000
- The loan attracts no interest but will include 5% management fee
- Payment of the loan commences after 3 months grace period
- Payment of the loan is made in twelve (12) equal installments.
The applying group must:
- Be registered with the relevant government body.
- At least 70% youth membership (18-34 years) and the leadership should be 100% youth
- Must have a valid group registration certificate
- A clearly outlined business project proposal
- The group loan applicants submit completed loan proposal forms
2. C-Yes Inua Loan
This is a constituency based loan intended to finance RUNNING GROUP projects and therefore for EXPANSION purposes only.
Features of the loan
- 1st loan maximum amount is Ksh. 100,000 payable in 12 months
- 2nd loan is Kshs.200,000 payable in 18 months
- 3rd Loan is Kshs. 400 000 payable in 24 months
- The loan attracts no interest but will include 5% management fee
- Payment of the loan commences after 2 months grace period
The applying group must:
- Have cleared C-YES Rausha
- Have a good credit history from other lending institutions
- Have a running business
- Be registered with the relevant government body
- Group membership must not be less than 10
- The Membership composition must be at least 70% youth (18-34 years), and the leadership 100% youth
- Must have a valid group registration certificate
- A clearly outlined business project proposal to expand or to diverse
3. C-Yes Special loan
This loan targets youth groups carrying out special business projects whose proceeds are generated on periodical or pre-determined irregular periods.
Features of the loan
- Maximum amount for startups is Ksh. 50,000 payable within 1 year
- Maximum amount for those expanding business is Ksh. 100,000 payable in 12 months
- 2nd loan is Kshs. 200,000 payable in 18 months
- 3rd loan is Kshs. 400,000 payable in 24 months
- The loan attracts no interest but will include 5% management fee
- The payment of the loan commences after the applicable grace period
- Payments are quarterly, half yearly bullet payments.
The applying group must:
- Be registered with the relevant government body
- Group membership must not be less than 10.
- The Membership composition must be at least 70% youth (18-34 years), and the leadership 100% youth.
- Must have a valid group registration certificate
- A clearly outlined business project proposal
- The group loan applicants submit completed loan proposal forms.
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