Production Loans
Target Customers
- SMEs owners
- Owners of existing and new productive projects
Eligibility Criteria
- Existing and new bank borrowers provided there are no sour or scheduled facilities.
- Borrowers must not be listed on the list of customers with limited disposal authority or the black list.
- Project must generate profits adequate for the repayment of the loan.
- Adequate project guarantees required by the bank.
- Loan must not be used to repay other debts whether to our bank or any other bank.
Features of the Program
- No customer’s account required in our bank.
- No credit history for customers in any bank (never before dealt with banks).
- Support to existing and new projects.
- No main reliance on guarantees but reliance on the success of the project and cash flows generated by the project for the repayment of installments.