Menengai Geothermal Development Project- Strategic Fund - Kshs 755,980,352
|
Creditor |
|
|
Creditor Category |
Multilateral |
|
Borrower |
Government of Kenya |
|
Borrower Category |
Central Government |
|
Date Agreement Signed |
12-Mar-2012 |
|
Date Loan Matures |
01-Oct-2051 |
|
Original Agreement |
7,500,000 (USD) |
|
Revised Amount |
5,379,877 (USD) |
|
Amount in Kshs(2023) |
755,980,352.00 |
|
Interest Rate |
0.75% |
|
Terms |
Loan of UA 80,000,000 with grace period of ten years . Loan will be repaid at 1% from 2022 to 2032 and at 3% from 2033 to 2052. |
Num |
Year |
Amount at Start |
Withdrawals |
Repayments |
Amount at end |
|---|---|---|---|---|---|
|
1 |
2023 |
(USD) 5,326,078.00 |
0.00 |
107,597.54 |
5,218,480.50 |
|
2 |
2022 |
(USD) 5,379,876.76 |
0.00 |
53,798.77 |
5,326,077.99 |
|
3 |
2021 |
(USD) 5,379,876.76 |
0.00 |
0.00 |
5,379,876.76 |
|
4 |
2020 |
(KSH) 662,250,776.00 |
0.00 |
0.00 |
573,077,384.00 |
|
5 |
2019 |
(KSH) 147,753,511.00 |
0.00 |
0.00 |
662,250,776.00 |
|
6 |
2018 |
(KSH) 151,645,402.00 |
0.00 |
0.00 |
147,753,511.00 |