Vuka Start-up loan is a loan from Youth Fund Kenya that target individual youth who wish to start Commercial Enterprises. Youth can apply for Vuka loans starting from kes 100,000 up to kes 2 Million and enjoy a low interest rate of 6% per annum with a grace period of 1 month.
Requirements For Vuka loan Application
- Valid registration Certificate and Certified Membership list
- Copies of National Identification Cards for Group members
- Group minutes authorizing the loan application.
How To Apply
- Visit your respective constituency/subcounty Youth Office
- Fill Vuka loan Application form
- Attach all relevant documents required on the completed application form
- Leave or return the completed form to the same office and wait for a loan officer response.
- If successful the loan will be deposited to the Group or individual business account.
N/B One can apply as an individual after having previously applied as a group and having a good repayment history.
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