THE KENYA BANKERS
The loan facility does not support businesses engaged in the following activities:• Illegal Activities: Money laundering, terrorism financing, or any unlawful business practices.• Harmful or Exploitative Practices: Child labor, forced labor, adult entertainment, gambling, weapons, or the production ofharmful substances without proper regulation.• Environmental and Ethical Risks: Businesses that significantly harm the environment without mitigation measures orengage in unethical practices.• Other High-Risk Sectors: Any activity deemed non-compliant with the objectives of the fund or the funding partners.
By signing this application, I confirm that my business does not fall under any of the prohibited categories listed above.
I acknowledge and confirm that my business is compliant with the safeguarding and prohibited business policy.
By submitting this application, I confirm that the information provided is accurate to the best of my knowledge. I acknowledge that I have understood the terms and conditions of the loan, including the repayment obligations and any required Loan Protection Cover.
Credit Life Cover Authorization
I agree to take the mandatory credit life cover.
Data Protection and Privacy:
The personal and business details provided in this application will be used for the purposes of loan processing, risk assessment, and credit evaluation. By submitting this application, I consent to the processing of my personal data in accordance with data protection laws. The information shared may be shared with third parties for purposes related to the loan application (e.g., credit scoring agencies, risk assessment tools, and insurance providers).
The funder commits to keeping the information secure and to using it solely for the purpose of this loan and related services. All personal data will be handled confidentially and will not be used for marketing or any other unrelated purposes without the applicant’s prior consent.
I have read and understood the privacy statement. Privacy Policy
By submitting this application, I consent to the use of my personal information for the creation of savings and current accounts, loan processing, credit evaluation, approval, and other related purposes. This includes obtaining my credit report from licensed credit bureaus, verifying information with financial institutions, and using the data for risk assessment and analysis.
I agree that:
I agree to the consent statement and terms.Terms and Conditions
We, the undersigned members of [Insert Group Name], confirm that the information provided is accurate to the best of our knowledge. We acknowledge that we understand the terms and conditions of the loan, including the repayment obligations and any required Loan Protection Cover.
Mandatory Credit Life Cover Authorization:
We agree to take the mandatory credit life cover.
Privacy Statement:
The personal and business details provided in this application will be used for the purposes of loan processing, risk assessment, and credit evaluation. By submitting this application, the group consents to the processing of its personal and business data in accordance with data protection laws. The information may be shared with third parties involved in the loan process (e.g., credit bureaus, insurance providers, etc.)
Consent
The lender is committed to ensuring that loan funds are used responsibly and in alignment with ethical business practices. As part of this commitment, loan applicants must adhere to the following safeguarding guidelines and prohibited uses of funds:
Safeguarding Principles:
Prohibited Use of Loan Funds:
By signing this application, the group acknowledges and agrees to comply with these safeguarding principles and prohibited use guidelines.
Any violation may result in immediate loan termination and legal consequences.
We acknowledge and agree to the safeguarding principles and prohibited use of funds.
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