+265 999 941 333 |+265 999 938 333info@neef.mw

Various Loans

VARIOUS LOANS

Stakeholders or beneficiaries of a Partner to NEEF either in a group or individual.

Group Application Requirements

```
National ID 
```
```
Colour passport-sized 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

Individual Application Requirements

```
National ID 
```
```
Colour passport-sized 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

THRESHOLD

```
GROUP: 500,000 – 250,000,000.00
```
```
INDIVIDUAL: 500,000 – 250,000,000.00
```

TARIFFS AND INTERESTS

```
 Processing fee: 3.5%
```
```
Insurance:1%
```
```
Interest: 4.0% pm 
```

REPAYMENT PERIOD

3 months – 36 months
Minimum Grace period of 1 month may be granted