Micro-Entrepreneur / Business Loans

Individual Business Loan - Requirements

Proof of Residence

Provide a valid proof of residence not older than 3 months.

Passport Sized Photos

Submit recent passport-sized photographs for identification purposes.

Copy of IDs

A valid copy of your National ID or Passport is required for verification.

Past Performance Records

Provide records showing previous business activity and performance.

Business Profile

A detailed business profile outlining operations, markets, and activities.

Financial Projections

Required for greenfields and formal businesses to show expected financial outcomes.

Business Proposal

A formal business proposal explaining the venture, strategy, and financial needs.

Bank/Ecocash Statements

Provide 3–6 months of Bank Statements or Ecocash transaction history.

Age Requirement

Applicant must be 18 years and above.

Operating License

A valid operating license issued by local authorities is required.

Collateral

Collateral such as guarantors, motor vehicles, or title deeds is required.