Development Bank of Namibia does not engage in direct micro-lending to individual borrowers. Its minimum loan amount is N$150,000, with the exception of minimum loan amounts of N$50,000 for young artisans and young professionals.
The Bank has an Apex Micro-lending Facility to finance micro-lenders that have a beneficial development impact through their loans to individuals and / or micro-enterprises.
In the past, the Bank has provided capital to support onward lending to micro-enterprises and SMEs to:
- PostFin, the financing function of Nampost Savings Bank, and
- the Nampro Fund.
Micro-lenders can find out more by contacting the SME Centre or regional offices of the Bank. Click here...