Banks care more about how money moves through your business account than the balance itself. Regular deposits show healthy cashflow and give loan officers confidence that your business is real and sustainable. Even if you only have K100 to start each day, you can build a strong banking history.
Register your business with IPA, get a TIN, and open a business account. Banks usually require this before considering SME loan applications.
Use your K100 to buy goods for sale (e.g., buai, cigarettes, or small groceries). The key is to deposit proceeds frequently to create a consistent transaction history.
Deposit your takings early in the morning. Immediately withdraw what you need to restock and continue selling. Repeat the deposits during the day as sales continue. For trade stores, you can use your card at wholesale for restocks.
Continue this routine for 6–12 months. For example, depositing K100 ten times in a month shows K1,000 in deposits. Over a year, this builds a strong transactional record (~K12,000).
This strategy is about documenting genuine business activity. Do not fabricate deposits, invoices, or transactions. Misleading a bank is illegal and can cause your application to be refused.
Start small, stay consistent, and your bank history will reflect an active business. After 6–12 months, review your transaction records and apply for an SME loan confidently. By building a transparent cashflow pattern with just K100 a day, even small sellers can qualify for loans up to K5,000–K10,000.
Commit to this routine, keep good records, and watch your business history grow.
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