Plot Purchase For Diaspora

Own a plot today and grant yourself the opportunity to become a developer. This product enables you to purchase a plot of land for future construction or development. 

 

Requirements

  • Copy of Kenyan Passport and ID
  • Copy of Kenyan PIN certificate
  • Copy of recent utility bill e.g. gas, power introduction
  • Letter from employer stating terms of employment, income & retirement age
  • 3 months latest paystubs
  • Credit Reference Bureau report from your country of residence
  • Notarized 6 month latest certified salary bank statements
  • Notarized residence permit

***All documents should be notarized by either Notary of public, Stamped by Kenyan Embassy, High commission or Certified by our appointed agent

 

Features

  • Up to 70% financing of the selling price or value for developed plots and 50% for undeveloped plots
  • Maximum loan term of up to 5 years 

 

Fees & Rates

  • Commitment Fee of 1.5%
  • Valuation fee of approximately 0.5%
  • Legal fees of approximately 1-2%
  • Stamp duty of 4%

 

Benefits

  • Affordable way to purchase plot
  • Availability of construction loans to develop the plot

TIPS

A Business Tip Every SME Owner Should Know

The biggest problem founders and owners of small businesses have is that they are experts in

Always Budget When You Borrow Money

Before you borrow money, ensure you can make the monthly payments.

Failure to do so

Asset Finance TIPS

Starting a business is a tricky affair. Maintaining the business momentum and a competitive edge