This loan is available to NCSL members who have a new or existing small business. Our SME Loans range from K1,000 to K300,000. Loan repayment term is from 12 to 48 months with an interest rate charge of 15% per annum.

Requirements when applying

New Business (In operation for less than six months)
  • Fully completed application Form (signed)
  • Bank Statements
  • Business Registration Certificate
  • Tax identification Certificate (IRC – TIN)
  • 2 x valid ID
  • Borrower Profile (Business Owner)
  • Business Profile / Business Plan
  • Detailed Cash Flow Projections for the next 12 months
  • Proof of ownership of assets to be pledged as collateral / security
Existing Business
  • Fully completed application form
  • Bank Statement (past 12 months)
  • Financial Reports for past 2 years (signed)
  • Detailed Cash Flow
  • Detailed Cash Flow Projections for the next 12 months
  • Business Registration Certificate
  • Tax identification Certificate (IRC – TIN)
  • 2 x valid ID
  • Borrower Profile
  • Business Profile / Business Plan
  • Proof of ownership of assets to be pledged as collateral / security

Forms

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