Martin Endjala PostFin, the microlending arm and a subsidiary of Namibia Post Limited (NamPost) was recently boosted with a N$406 million loan following the signing of an agreement with Germany’s KfW Development Bank. PostFin will use these funds to provide micro-loans to micro- and small-sized enterprises and households predominantly in rural and remote areas. PostFin...
Tag: PostFin
PostFin erhält N$ 406 Mio. von KfW für Kleinkredite
kfw-Hauptsitz in Frankfurt; © Wirestock/iStock Die deutsche Entwicklungsbank KfW stellt NamPost 406 Millionen Namibia Finanzierungskapital bereit. Das Geld soll für Mikrokredite an kleine und mittlere Unternehmen abgegeben werden. Ziel sei es, vor allem Haushalte in ländlichen Gebieten zu stärken. NamPost nutzt dafür die eigene Unternehmenssparte PostFin. Zuletzt war ein vergleichbares Abkommen 2019 geschlossen worden. Damals...
PostFin loans out N$618m to date
Nampost financial broker PostFin said since last year it has issued 12 868 loans worth N$618 million. This is contained in the NamPost’s annual report for the 2021/2022 financial year. According to the report, the number of loans issued has increased from 11 185 in 2021. Patrick Gardiner, the chief executive officer of PostFin, said...