gDIH Funding Directory
Kenya Development Corporation Ltd
Kenya Development Corporation Ltd (KDC) is a Development Finance Institution which was established in 2020 to merge the operations of Industrial and Commercial Development Corporation (ICDC), Tourism Finance Corporation (TFC) and IDB Capital Limited.
KDC is mandated to play a catalytic role in Kenya’s socio-economic development by providing long-term financing and other financial, investment and business advisory services. Therefore, KDC plays an important role in addressing critical gaps for long-term funding that cannot be met by commercial banks in target sectors in Kenya and elsewhere.
Products
Project Finance
The facility is suitable for infrastructure and industrial enterprises in need of financing to establish, expand, modernise, refurbish or diversify their businesses
Working Capital
KDC provides working capital to existing businesses to finance their daily operations
Asset Finance
This facility assists businesses acquire assets such as machinery, plant, equipment and non-PSV commercial vehicles.
Specialized Financing Programme
It provides liquidity support to participating financial institutions which in turn lend to MSMEs to facilitate enterprise recovery
Advisory Services
Business advisory, project appraisals, and financial consulting to enhance enterprise growth