Martin Endjala The Development Bank of Namibia (DBN) has clarified its position regarding the Small Medium Enterprise (SME) loan scheme, stating that collateral is a mandatory requirement for all applicants. This announcement comes amid frustrations voiced by several entrepreneurs who have faced loan rejections due to the absence of collateral. DBN’s Head of Marketing and...
January 1, 2025
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GIPF members to use pensions as collateral
GIPF members will soon be able to use their pensions as collateral to purchase a house, carry out renovations, or construct property, even in rural areas. CEO David Nujoma says the scheme should be rolled out in the coming weeks. The post GIPF members to use pensions as collateral first appeared on Future Media. Source link