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VENTURE CAPITAL
This product is designed to attract grandaunts from Small Scale enterprises wishing to migrate into medium scale enterprises. The venture capital product will provide financing for startup capital into medium sized enterprises. Individuals, entrepreneurs and Investors with the capacity to develop medium scale businesses are the core target group for this product.
MAIN FEATURES
- Startup capital for medium scale enterprises
- Each group must have its own “approved” leadership
- Loans will be disbursed to individuals with joint and several liabilities against all members of the group
REQUIREMENTS
- Individual members must maintain a savings account with the bank
- Financing requirements ranging from Le 25,000,000 – Le 75,000,000
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