Digital Villages Call for Loan Applications and Business Proposals

The Kenya ICT Board announced the Digital Villages (Pasha) Loans Calls for Applications on 24th January. I was still procrastinating and I am just posting the info today because everyone is asking how to go about it. The Loan is a revolving fund for those who qualify and the applicants must be in their or in a constituency where the Pasha Centre or Digital Village is much needed.

Applicants have 30 days  from 24th January 2011 to submit their business plans.All applicants MUST submit their business plans directly to their nearest Family Bank and not the Kenya ICT Board. Note that if you have already submitted any business plan in any format to the Kenya ICT Board, you MUST submit another one that follows the new format.

The steps and procedures to be followed are;

Step-1 Complete the Pasha Loan application form (forms can be collected at any Family Bank branch, or downloaded from www.ict.go.ke. (click here to download thePasha Loan application form)

Step-2: Download and complete a business plan on www.ict.go.ke

Step-3: Present both the business plan and application form to the nearest Family Bank branch. (Click here to view Family Bank branches.)

Step-4: Wait to get feedback from either Family Bank or the Kenya ICT Board.