Overview
Working Capital and Capital Expenditure
Lending Methodology
- Group/ individual/SMEs Repayment
Frequency
- Bullet
Grace period
- Up to 3 months or depending on nature of project
Pricing
- 5% Establishment fees
- 2.5% insurance
- 15% interest per month on reducing balance
Loan limit
- Maximum ZWL100 000.00
Tenor
- Up to 9 months or depending on crop cycle.
What you need to apply
Collateral requirement
- Moveable assets for loans up to $50 000.00
- Immovable assets for loans over $100 000.00