Funding request

If you are private sector micro-entrepreneur or a registered SME based in Namibia you can benefit from the EIB Southern Africa Microfinance / Small-Medium Enterprise (SME) funding and obtain a loan here in Namibia! The proposed project should meet sound financial, technical and economic criteria and fall within an eligible sector. Sectors include production, manufacturing, services, trade, tourism and the agro-industry.

Which currencies are available?

The EIB’s Approved Financial Intermediaries' (AFI) policy foresees the disbursements of business loans in Namibian Dollar only . 

All loan applications must be submitted to the EIB’s Approved Financial Intermediaries (AFI) in Namibia. The AFI is then responsible for selecting and appraising eligible projects/applications. For larger projects, the AFI will submit the funding requests to the EIB for approval. As the credit risk remains with the intermediary, each AFI will seek appropriate loan collateral in line with their risk assessment policies. For smaller loan amounts, the intermediaries conduct their own assessment and credit decisions without EIB’s involvement.

What is the loan duration?

The loan duration is generally up to 5 years (subject to the intermediary’s policy) and in certain instances up to 7 years.

What are the interest rates?

Interest rates are freely negotiated between the financial intermediary and its borrower, and typically include: EIB’s AAA funding market-based cost, as well as a margin to cover the intermediary’s credit risk and administrative costs.

Loan Sizes:

The loan size depends on the intermediary’s actual business strategy, but would generally not be below N$ 50-100,000 for upper-micro loans and not above N$ 1.5 Mio. for SME loans. 

Download the General Rules & Conditions for Namibia here.



The technical assistance operation is financed under the Cotonou agreement by the EU in support of EIB.
The Technical Assistance component of the project is implemented in a consortium led by Frankfurt School of Finance & Management.