Open Budget Kenya

 

Second Intergrated Agricultural Development Project - Kshs 749,476,736

Creditor

International Development Association

Creditor Category

Multilateral

Borrower

Government of Kenya

Borrower Category

Central Government

Date Agreement Signed

23-Apr-1980

Date Loan Matures

15-Aug-2029

Original Agreement

46,000,000 (USD)

Revised Amount

5,333,595 (USD)

Amount in Kshs(2023)

749,476,736.00

Interest Rate

0.75

Terms

Loan of US$ 46,000,000. Repayable in 80 semi annual instalments commencing on 15th February 1990 and ending on 15th August 2029. Principal to be repaid at a rate of 0.5% of the loan amount upto 1999 and at a rate of 1.5% thereafter.

Num

Year

Amount at Start

Withdrawals

Repayments

Amount at end

1

2023

(USD) 1,200,119.75

0.00

160,006.00

1,040,113.75

2

2022

(USD) 1,360,125.72

0.00

160,006.00

1,200,119.72

3

2021

(USD) 1,520,131.72

0.00

160,006.00

1,360,125.72

4

2020

(KSH) 171,875,233.00

0.00

825,610.00

161,928,079.00

5

2019

(KSH) 185,946,523.00

0.00

16,403,815.00

171,875,233.00

6

2018

(KSH) 207,438,928.00

0.00

275,284,937.00

185,946,523.00

7

2017

(KSH) 218,396,496.00

0.00

258,543,509.00

207,438,928.00