Exim advanced the loan amount in two subsidized loans of US$1.63 billion each. One of the loans was a foreign aid loan provided on a concessional basis (very low interest rate) while the other was a below market rate preferential export buyer's credit.[28] A condition imposed by the Kenyan government for the financing was 40% of the total project costs or about 130 billion Kenyan shillings would be spent on local supplies including sand, cement, electric cables, galvanised iron and steel.[29]