VARIOUS LOANS
Stakeholders or beneficiaries of a Partner to NEEF either in a group or individual.
Group Application Requirements
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National ID
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Colour passport-sized photos
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Partners’ Recommendation or Preassessment as the case may be
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Business Registration Certificate
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Personal Guarantor
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Guardians’ Consent for Collateral and Loan
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Letter from local leader
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Sketch map to residence of place of business
Individual Application Requirements
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National ID
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Colour passport-sized photos
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Partners’ Recommendation or Preassessment as the case may be
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Business Registration Certificate
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Personal Guarantor
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Guardians’ Consent for Collateral and Loan
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Letter from local leader
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Sketch map to residence of place of business
THRESHOLD
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GROUP: 500,000 – 250,000,000.00
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INDIVIDUAL: 500,000 – 250,000,000.00
TARIFFS AND INTERESTS
Processing fee: 3.5%
Insurance:1%
Interest: 4.0% pm
REPAYMENT PERIOD
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3 months – 36 months Minimum Grace period of 1 month may be granted
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