Help Centre
How repayment works for Stockist Financing
See how installments work for each period
Repayment for Stockist Financing depends on the period you chose for your Funds Request.
If you chose 30 days
You make one full repayment any time between day 7 and day 30. The earlier you repay, the less total markup you pay, because the daily markup is 0.23% per day.
If you chose 60 days
You repay in two equal installments. The first is due on day 30, the second on day 60. Each installment covers half of the principal plus its share of the markup.
If you chose 90 days
You repay in three equal installments. The first is due on day 30, the second on day 60, and the third on day 90. Each installment covers one third of the principal plus its share of the markup.
Worked example for 60 days
Say you drew KES 200,000 for 60 days. The total markup is KES 25,200 and the total to repay is KES 225,200. Each installment is KES 112,600.
Day 30: pay KES 112,600
Day 60: pay KES 112,600
After day 60: the Funds Request is fully settled and your limit is restored
What if you cannot repay an installment on time
If you think you may be late, please contact us as early as possible. Late charges may apply if installments are not paid by the due date. See the Repayment articles for full details.