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$ loans rates
Wa_ithaka
#1 Posted : Thursday, March 12, 2015 4:49:35 PM
Rank: Veteran


Joined: 1/7/2010
Posts: 1,279
Location: nbi
Asking for a friend, anybody know what Kenyan banks are offering for USD loan rates?
The Governor of Nyeri - 2017
mwekez@ji
#2 Posted : Thursday, March 12, 2015 5:06:11 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
c9% p.a. at I&M Bank. You need to have dollar income to be granted the loan.
Wa_ithaka
#3 Posted : Thursday, March 12, 2015 5:33:34 PM
Rank: Veteran


Joined: 1/7/2010
Posts: 1,279
Location: nbi
Thanks@mweke. Is 9% the high end or the lowest?
The Governor of Nyeri - 2017
mwekez@ji
#4 Posted : Thursday, March 12, 2015 5:40:45 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
Welcome @Wa_ithaka. 9% the midpoint. This is the rate they will give you unless:

1. You have negotiating power in which case they may lower it by 1% or so

or

2. You are a high risk person in which case they may increase it by 1% or so
mwekez@ji
#5 Posted : Thursday, March 12, 2015 7:07:00 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
Over to others to give share about their bankers
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