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sales@microtelecomms.com
Email Address
+255 712 602 202
Hotline
2nd Floor, Savei Plaza, Sam Nujoma Road, Mwenge

Business Loan

Our SME Loan targets small and medium enterprises businesses that operate within a formal fixed premises. We will look at the performance of your business or SME to evaluate the amount. One of our seasoned loan officers will assess your application and business needs against risks and then advise you accordingly.

Eligibility Criteria

  • One current passport size of one Director/Shareholder;
  • An official recognition letter from the local government office;
  • Business must be an operating legal enterprise for a minimum period of one year;
  • Business location, TIN number, Certificate of incorporation, Business License and Tax Clearance are mandatory;
  • Collateral is mandatory;
  • Operate in Fixed premises for at least 6 months in current location;
  • The business rent/lease agreement should cover the period of the loan agreement;
  • The loan amount can range from 1,000,000 to 50,000,000 depending on your eligibility; and
  • Must be involved in a business activity with predictable cash flow.
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