Overview

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

Who qualifies?

  • Individuals in the informal sector

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