Do you have a small business that you want to boost/ expand but have no collateral to finance it?
The Zimnat diaspora guaranteed business loan is a first of its kind in the Zimbabwean microfinance sector offering you a new and exciting way to finance your business with flexible and convenient collateral terms. Your friends and family in the diaspora can now simply guarantee your small business loan application by providing a cash collateral to Zimnat via the SympliFi UK platform and Zimnat will disburse the loan amount to your account.
What are the product features?
- Relaxed collateral requirements
- Loan turn-around time of 48 hours
- Loan amounts of up to ZWL 100,000
- Your relatives and friends in the diaspora guarantee a loan for your new or existing business in Zimbabwe
- If you are in the diaspora you can guarantee a small business loan to support a business project back home in Zimbabwe
- Competitive interest rates
- Loan tenure can run from 6 -12 months
Who is eligible for the loan?
- Locally based Zimbabwean entrepreneurs
- Zimbabweans living in the diaspora seeking to finance business projects back home