Stanbic Bank wants to put solar on your roof with 100% financing and 10-year loans
Stanbic Bank's new plan offers 100% financing and 10-year loans to help Kenyan homeowners and SMEs easily adopt solar power...
✨ Key Highlights
Stanbic Bank Kenya has launched a new financing package for solar adoption, offering up to 100% financing and 10-year loan tenors to remove upfront cost barriers for homeowners and businesses. This initiative, in partnership with Safer Power Limited, aims to boost solar energy uptake in Kenya.
- Up to 100% financing with a 10-year loan tenor is available for eligible clients, including a payment moratorium during project development.
- For small and medium-sized enterprises (SMEs), projects under $50,000 (KES 6.5 million) no longer require audited financial statements, relying instead on account turnover records.
- Stanbic Bank is waiving processing fees and offering discounted interest rates for SMEs, with no additional collateral required for qualifying clients using Tier 1 solar hardware.
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Companies Launch New Product Offers and Financing in Kenya - November 2025
Several companies have introduced new offers and products to the Kenyan market. MultiChoice Kenya, now under CANAL+ ownership, has announced price cuts on its DStv and GOtv decoders for the festive season. In the technology sector, Vivo Kenya has opened pre-orders for its new Vivo V60 Lite 5G and 4G smartphones from November 3rd to November 9th, with prices starting at KES 34,999. The new phones feature a 6500mAh battery and AI cameras. Additionally, Stanbic Bank Kenya has launched a new financing package for solar adoption, offering up to 100% financing and 10-year loan tenors. This solar initiative is a partnership with Safer Power Limited and aims to remove upfront cost barriers.
