Finance for young entrepreneurs

Development Bank of Namibia provides finance for qualifying young entrepreneurs (aged 36 and below) to develop Namibia's next generation of entrepreneurs and create employment.

The Bank's specific products for young entrepreneurs are:

• Skills-based finance for young artisans (NQF3 and up)
• Skills based finance for young professionals (NQF7 and up)

Young entrepreneurs who do not qualify for skills-based finance are encouraged to apply for SME finance.

Collateral

• Applications for young artisans finance and young professionals finance are accepted without collateral in the event of qualification for loans. However assets financed under these facilities may be converted to collateral at the request and sole discretion of the Bank.
• Collateral is considered on a case-by-case basis
• Collateral may also include:
  • Third party guarantees
  • Assets financed by the Bank may qualify as collateral

Application documents

(Mobile users, please thumb-scroll right.)

	Application form for finance	Download
	Young artisans application form	Download
	Young professionals application form	Download
	Application guide	Download
	Application checklist	Download
	SME business plan guide	Download
	Know-your-customer requirements	Download
	ESMP guideline	Download
	Environmental and social management	Download
	Exclusions	Download

Frequently asked questions (FAQ)

FAQ Brochure

Download

Find a comprehensive index of frequently asked questions, here...