Lilongwe 07:30 – 16:30 4295
PATNERSHIP LOANS - VARIOUS

To take advantage of existing synergies with partners.

PATNERSHIP LOANS - VARIOUS

Group Loan

Rate: interest 4.0% pm processing fees 3.5%1Life insurance 1.5%Collateral insurance -TBD%

Target Market

Stakeholders or beneficiaries of a Partner to NEEF.

Tenure

Up to 24 months

Thresholds

minimum 5,000,000 to maximum 250,000,000.00


Objectives
  • To take advantage of existing synergies with partners.
Benefits
Requirements
  • National ID
  • Colour passport-size photos
  • Partners’ Recommendation or Preassessment as the case may be.
  • Business Registration Certificate
  • Personal Guarantor
  • Guardians’ Consent for Collateral and Loan
  • Letter from local leader
  • Sketch map to residence of place of business
Collateral
  • Institution guarantor e.g., TEVETA, SMEDI or others where possible.
  • Equipment
  • Association guarantee where applicable TBA
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