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Youth Enterprise Development Fund

Government of Kenya

Last updated: December 16, 2025

|Last verified: Dec 16, 2025
0/5
Based on 0 Reviews
Interest Rate
8% p.a.
Loan Amount
Ksh 50,000 - Ksh 500,000
Approval Time
2-4 weeks
Processing Fee
None

Rating Breakdown

5
(0)
4
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3
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2
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1
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Total: 0 Reviews

Pros & Cons

Pros

  • Low 8% interest rate
  • Available for youth 18-35 years
  • Training and mentorship included
  • Grace period for new businesses
  • No collateral for small amounts
  • Government-backed security
  • Access to business networks

Cons

  • Lengthy application process
  • Requires business plan
  • Limited to youth 18-35 years
  • Group registration can be bureaucratic
  • Disbursement can take weeks

Customer Reviews

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Product Details

Features

  • Low interest rate of 8% p.a.
  • Loans for individuals and youth groups
  • Up to KES 500,000 for groups
  • Training and mentorship included
  • Grace period available
  • No collateral for small amounts
  • Business development support
  • Access to government tenders
  • Networking opportunities

Eligibility Requirements

Age: 18 - 35 years
0
Employment: Youth entrepreneurs, Youth groups, Registered businesses

Required Documents

  • Kenyan National ID
  • Business plan
  • Group registration (for groups)
  • KRA PIN

Repayment Options

Bank transferM-Pesa

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