We offer a wide range of loan products that are competitive and tailor made to suite the financial needs of micro, small and medium entrepreneurs.
This product is specifically designed for SMEs and smallholder farmers who require working capital to meet urgent contractual obligations. It caters to businesses operating within the sectors outlined above, ensuring they have the necessary financial support to fulfill their commitments on time.
This product is specifically designed for SMEs and smallholder farmers who require working capital to meet urgent contractual obligations. It caters to businesses operating within the sectors outlined above, ensuring they have the necessary financial support to fulfill their commitments on time.
Group Power loans support micro-entrepreneurs in community-based groups, helping businesses grow through income-generating activities. Konga Microfinance officers assist with group formation and guidance. Loans are exclusively for productive, job-creating purposes.
Lima Power loans finance agricultural machinery, inputs, and working capital for land preparation, harvesting, and crop or livestock marketing. They support small-scale agri-businesses and income-generating agricultural activities. Priority is given to conservation agriculture methods.
SME Power loans finance income-generating activities, job creation, and the growth of small and medium-sized businesses. They support the establishment and expansion of business ventures. Loans are aimed at fostering economic development.
Solar Power loans fund renewable energy technologies like solar home systems, water pumps, and heaters. They enable off-grid electricity for homes, devices, and farming needs, supporting irrigation and livestock care. Enjoy cost-effective, sustainable energy solutions.
People Power loans support micro-entrepreneurs in community groups who have graduated from Konga Microfinance’s Group Power loans. These loans fund income-generating activities and job creation. Usage is strictly for productive purposes.
Loans range from N$35,000 – N$350,000 per transaction
This product is designed for SMEs and Smallholder farmers needing working capital to fulfil urgent contractual obligations in the sectors outlined above.
Loans range from N$400,000 – N$2,000,000 per transaction (secured)
This product is designed for SMEs and Smallholder farmers determined to making a measurable impact in the economy, who need capital to invest in advanced technologies; machinery and equipment to improve their products, create efficiency, increased revenue and profitability, while creating sustainable employment for their fellow compatriots.
To qualify for a Group Power loan, you must be an active group member. This means attending meetings at your group centre and always abiding by group rules.
You must be a Namibian citizen, over 18 but not older than 65 years of age at loan entry.
You must not be listed on ITC.
Group Power loans are structured in three cycles, with a minimum loan amount of N$1,000 and maximum of N$15,000.
Loans are provided on a stepped-up basis to reward and encourage good repayment behavior. Loan size Loan term
1st cycle: N$1,000 – N$5,000 6 – 12 months
2nd cycle: N$5,000.01 – N$10,000 18 – 24 months
3rd cycle: N$10,000.01 – N$15,000 36 months
You are required to make a contribution to the group Cash Security Build-up, determined on the amount you are applying for. This is payable once your loan is approved.
Guarantor: you must appoint a responsible person that you trust to act as your guarantor during the tenure of your loan, who is prepared to repay the loan on your behalf, should you fail to pay the loan.
All loans also include credit-linked insurance cover.
Before you apply for a loan, you must have signed and understood the Konga Microfinance Group Constitution, received training on group loan rules and conditions.
Application forms will be distributed at group meetings. Your application must be approved by the group before being submitted to Konga Microfinance.
Loan repayments are collected by the group treasurer from members, once monthly, at group meetings. The group treasurer or a trusted group member is delegated to deposit the total group loan repayment to Konga Microfinance’s nominated bank account.
The Konga Microfinance Loan Account Officer meets with the group on a monthly basis to collect loan payment receipts, reconcile payments and provide, attend to new loan requests and provide vital information to group members.
You must be a Namibian citizen, over 18 but not older than 60 years of age at loan entry.
You must provide proof of capacity to afford the monthly loan repayment. This can be from agri-business activities or additional, regular and verifiable income sources.
You must not be listed on ITC.
You must have a bank account (preferable a business bank account) so that we can collect your loan repayment by debit order.
You must be engaged in small-scale commercial agricultural activities, preferably using conservation agriculture methods.
Loan size: from N$5,000 to N$250,000
Loan term: from six to a maximum term of 60 months, depending on the amount.
We require a cash security build-up contribution of between 45-50% of the amount you are applying (depending on your business case) for which we hold as collateral, just in case you default on your repayment. This will of course be refunded to you once you have repaid your loan in full.
All loans also include credit-linked insurance cover.
You can apply by completing a loan application form at any of our offices or download an application forms. The following supporting documents must be handed in with your loan application:
To qualify for an SME Loan, you must be a Namibian citizen, aged between 18 and 60 years at loan entry and actively running a small business.
The enterprise or activity for which the loan is applied must have been in existence for at least six months or be a start-up that is owner-driven.
You must not be listed on ITC and must provide proof of capacity to afford the monthly loan repayment to be generated from business or additional income sources.
You must have a business bank account from which all business-related transactions are conducted, permitting debit order collection for loan repayment purposes.
Applications for funding must be realistic in every aspect, to the point and business plans be logically prepared and down to earth. Excluded business activities: shebeens, gambling, cash loans and taxis.
Loan size: N$15,000 – N$250,000 per loan client.
Loan term: from six to a maximum of 48 months.
You are required to make a cash security build-up contribution determined on the loan amount you are applying for, to be held as collateral by Konga Microfinance.
This is payable on approval of your loan and is refundable once you have repaid your loan in full.
You must appoint a responsible person that you trust to act as your guarantor during the tenure of your loan, who is prepared to repay the loan on your behalf, should you fail to pay the loan.
All loans also include credit-linked insurance cover.
You can apply by completing a loan application form at any of our offices or you can download an application form. The following supporting documents must be handed in with your loan application:
You must be an active group member. This means attending meetings at your group centre and always abiding by group rules. You must have progressed through the first three cycles of Konga Microfinance’s Group Power loans and have an excellent repayment history. You must be a Namibian citizen, over 18 but not older than 65 years of age at loan entry. You must not be listed on ITC.
People Power loans are structured in three cycles, with a minimum loan amount of N$20,000 and maximum of N$50,000.
Loans are provided on a stepped-up basis to reward and encourage good repayment behaviour
You are required to make a contribution to the group Cash Security Build-up, determined on the amount you are applying for. This is payable on approval on your loan.
Guarantor: you must appoint a responsible person that you trust to act as your guarantor during the tenure of your loan, who is prepared to repay the loan on your behalf, should you fail to pay the loan.
All loans also include credit-linked insurance cover.
Before you apply for a loan, you must have signed and understood the Konga Microfinance Group Constitution, received training on group loan rules and conditions. Application forms will be distributed at group meetings. Your application must be approved by the group before being submitted to Konga Microfinance.
You must be a Namibian citizen, over 18 but not older than 60 years of age at loan entry.
You must provide proof of capacity to afford the monthly loan repayment. This can be from agri-business activities or additional, regular and verifiable income sources.
You must not be listed on ITC.
You must have a bank account (preferable a business bank account) so that we can collect your loan repayment by debit order.
You must be engaged in small-scale commercial agricultural activities, preferably using conservation agriculture methods.
Loan size: from N$5,000 to N$250,000
Loan term: from six to a maximum term of 60 months, depending on the amount.
We require a cash security build-up contribution of between 45-50% of the amount you are applying (depending on your business case) for which we hold as collateral, just in case you default on your repayment. This will of course be refunded to you once you have repaid your loan in full.
All loans also include credit-linked insurance cover.
You can apply by completing a loan application form at any of our offices or download an application forms. The following supporting documents must be handed in with your loan application:
