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Call Us
+265 999 941 333 | +265 999 938 333
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Email Us
info@neef.mw
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Working Days
Monday - Friday
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Loan Product Details
Individual Loan Product
Target Market
- Individuals, partnerships or private limited companies with well-established and registered businesses or have bankable business.
Objectives
- Contribute to socio-economic development.
- Promote job creation.
- Entrench entrepreneurship spirit
Requirements
- National IDs
- Business profile for existing enterprises/business plans for start-ups
- Bank statement for existing business
- Identification letter from Village Head or local leader in an urban location
- Sketch Map to place of residence and business premises.
- Passport Size Photo (Colour)
- Financial statements/ Business records
Thresholds
- Minimum K5,000,000 to Maximum K250,000,000
Collateral Requirements
- Land (Registered and Unregistered Land)
- Vehicles
- Woodlot/Orchard
- Plant and Equipment
- Household Chattels
- Furniture, Fixtures and fittings