Overview
Purpose of service
Working capital and capital expenditure
Lending Methodology
Individual.
Repayment frequency
Monthly or Bullet
Grace period
Up to 3 months depending on project
Pricing
5% Establishment fees, 2.5% insurance and interest of 15% per month on reducing balance Loan limit maximum ZWL50,000.00
Tenor
up to 12 months
What you need to apply
- Passport size photo
- Copy of identification particulars
- Proof of residence or relevant affidavit from landlord
Collateral requirement
- Moveable assets and salaried guarantor