SKILLED WOMEN ARTISAN LOAN
Individual women or groups of 3 to 10 who have acquired skills (both tangible and intellectual) from different institutions and programs such as TEVET, Colleges & technical schools, Government internship.
GROUP Application Requirements
-
Valid National ID
-
Local Residency
-
Identification Letter from local leader(GVH)
-
Current color photograph
-
Cross-guarantorship
-
Sketch Map to Home or Business
INDIVIDUAL Application Requirements
-
Valid National ID
-
Local Residency
-
Identification Letter from local leader(GVH)
-
Colour passport-size photos
-
Partnership Deed
-
Personal Guarantor
-
Guardians’ Consent for Collateral and Loan
-
Certificate of competence for the skills professed
-
Sketch Map to Home or Business
THRESHOLD
-
INDIVIDUAL: K500,000 to K30,000,000
-
GROUP: K2,500,000 to K30,000,000
REPAYMENT PERIOD
-
6 to 36 months
TARIFFS AND INTEREST
Processing fee: 3.5%
Insurance:1%
Interest: 3.0% pm
TURN AROUND TIME
-
21 working days
Recent Comments