This small loan is offered to a female entrepreneur and is for expansion of small businesses.
Loan ceiling (1st loan) | ZMW 3,000 – 6,000 |
Loan increment | ZMW 1,000-5,000 |
Maximum loan limit | ZMW 15,000 |
Loan processing fees | Applicable |
No. of instalments | 24 |
Type of instalments | Weekly |
Loan duration / period | 6 months |
Processing time for 1st loan | 1 - 4 weeks |
Grace period | 0 weeks |
Age limit for first loan: | 18 - 60 |
For follow-on loan: | maximum 65 |
Subject to a physical condition | |
Collateral requirement | not required |