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- Email info@neef.mw
- Working Days Mon – Fri
Loan Product Details
Individual Loan Product
Target Market
- Small and Medium Entrepreneurs that wish to set-up or scale-up manufacturing or processing or manufacturing plants.
Objectives
- To contribute to the industrialization of the Malawian economy in line with Malawi 2063
- Contribute to socio-economic development.
- Promote job creation.
- Entrench entrepreneurship spirit.
Requirements
- National IDs applicant (s) and spouse plus Guarantor
- Sketch map to business premises
- Sketch map to residence.
- Colour photos of Guarantor and Spouse (where applicable).
- Business Registration Certificate.
- Business plan with relevant financials.
- Copies of Collateral title documents.
- Relevant production licensees.
Thresholds
- Above K30.0 million to K250.0 million
Collateral Requirements
- Land (Registered and Unregistered Land)
- Vehicles
- Woodlot/Orchard
- Plant and Equipment
- Household Chattels
- Furniture, Fixtures and fittings