Women Market Traders' Loan
EFC recognizes that each business has a different capacity and faces different challenges. The Market Women Traders’ Loan is designed to provide a financial breakthrough for women with small businesses in need of financial assistance. It is ideal for market women who wish to acquire stock or meet financial obligations.
Eligibility Criteria
The borrower must be:
- A female entrepreneur/merchant or other legal entity engaged in income generating activities.
- Someone who has been in business for at least 6 months.
- Able to demonstrate a proper recording system and capability of operating a business profitably.
- In possession of assets in terms of household goods.
- Zambian citizen.
- Residing and operating in Zambia.
- Able to provide collateral.
Terms
- Loan Ranges from K5,000 to K15,000.
- Repayment period from 6 months to 18 months.
- No collateral requirement for repeat clients.