Loan Product Details

Loan Product Details

Individual Loan Product
Target Market
  • Individuals aged from 18 years up to 55 years willing to take up jobs outside the country.
Objectives
  • Job creation
  • Socio-economic development
Requirements
  • National IDs
  • Passport
  • Offer of Employment
  • Police clearance
  • Ministry of Labour clearance
  • Two Guarantors’ IDs
  • Standing order against account.
Thresholds
  • Mininum MK1,000,000
Collateral Requirements
  • Loan Service Bond
  • Guarantee from Recruiting Agent
  • Guarantee from personal Guarantor
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