Group Loan

Starting and nurturing (sustaining) a small business such as a small farm or a handicrafts shop requires a lot of hard work and careful financial planning. Here at KEP we understand the financial difficulties you may face and that is why we have designed the KEP Group Loan.

The Group Loan is specifically intended for businesses that do not have sufficient collateral but are nonetheless able to create a solidarity group of 3 to 10 members that will in turn guarantee for the borrowed amount. The loan is offered for business purposes and is available to small and micro businesses that have been active for at least 3 months and are planning to extend their activity.

We strongly encourage and respect members of the business community willing to create solidarity groups, and we will make sure that your business benefits the most out of the opportunity.

Who is eligible?

Registered and unregistered businesses that have been active for at least 3 months.  

Amount

The minimum loan amount is 200 Euros, and the maximum amount available will depend on the financial needs and capacity of your business.

When

The loan amount can be available to you in less than 48 hours.

Repayment period

6 to 36 months

Customer care

Our team will conduct a professional evaluation of your business and its capacity, to make sure that we offer you the loan that best suits your financial needs.

Not your first time?

At KEP we highly value our returning clients. If you or one of your group members (check) has taken a loan with us before we will make sure to offer you better interest rates and an easier approval procedure.