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+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 requiring to finance short term contracts and orders for supply of goods and services.
Objectives
- Contribute to socio-economic development.
- Promote job creation.
- Entrench entrepreneurship spirit
Requirements
- National ID.
- Business Registration certificate
- Guarantor Letter and ID
- Proof of residence – sketch map
- Passport size photo
- Physical Collateral (perfection may align concurrent with execution of contract)
- Valid /authenticated Purchase Order/Contract
Thresholds
- Above K30.0 million to K250.0 million
Collateral Requirements
- Cessation of Contract or Order proceeds Agreement.
- Land (Registered and Unregistered Land)
- Vehicles
- Woodlot/Orchard
- Plant and Equipment
- Household Chattels
- Furniture, Fixtures and fittings