Loan Product Details

Loan Product Details

Individual Loan Product
Target Market
  • Stakeholders or beneficiaries of a Partner to NEEF.
Objectives
  • To take advantage of existing synergies with partners.
Requirements
  • National ID
  • Colour passport-size 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
Thresholds
  • Up to 250,000,000.00
Collateral Requirements
  • Personal guarantor
  • Institution guarantor e.g., TEVETA, SMED or others where possible.
  • Equipment
  • Association guarantee where applicable TBA
Group Loan Product
Target Market
  • Stakeholders or beneficiaries of a Partner to NEEF.
Objectives
  • To take advantage of existing synergies with partners.
Requirements
  • National ID
  • Colour passport-size 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
Thresholds
  • Up to 250,000,000.00
Collateral Requirements
  • Institution guarantor e.g., TEVETA, SMEDI or others where possible.
  • Equipment
  • Association guarantee where applicable TBA
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