Qualifications and Requirements
Target Group Small and Medium Enterprises

Requirements

- 6 months business experience
- Flexible collateral

Facility amount
- K200,000 - K15,000,000,
- 100% flexible collateral cover

Purpose
- Working capital and or purchase of fixed asset

Interest rate
36% for first time borrower and 33% for second time borrower

Term
6 to 24 months

Characteristics

Flexible collateral

Features

Can get parallel loan after good repayment history

Availability

Blantyre, Lilongwe and Mzuzu

Benefits
Flexible collateral for loans below K750,000.00 (eg. Stock and home equipment)

 
   
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