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