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SUMMARY OF THE CHEMA CHEMA GUIDELINES
- Only informal businesses are eligible, whether registered or unregistered.
- Registered informal businesses must provide a trading license
- Unregistered business must provide an affidavit, a letter from a government department or from Kgosi.
- Citizens 18 years and above with Omang
- Applicant should not be formally employed and if employed should not be earning more than P48 000 per annum
- The maximum an applicant can receive at a time is P50 000 and only one application allowed at a time.
- The applicant can apply for a second loan once they clear the first loan.
- All applicants will be considered credit clear at the start
- The loan will be unsecured and attract a once off interest of 2.4%.
- Loans taken to "run" the business are payable over 6 months while those taken to "buy assets"/ equipment are payable in 12 months.
- All applicants are expected to/"shall" register with LEA prior to loan application.
For more information contact LEA or CEDA
To register - LEA 3644000
To apply - CEDA 3170875 See less
Gaborone, Botswana
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Event Venue & Nearby Stays
Gaborone West plot 13954, bw Gaborone, Botswana, Gaborone West, Mogotlhwana Rd, Gaborone, Botswana,Gaborone, Botswana
