The success of my business is here
Woman Entrepreneur’s Loan
Benefits
Activities
Comprehensive financing for all sectors of activity.
Associated products
Pledged Current Account, Discount of Promissory Note, Loan Account, Leasing of Movable Property.
Business expansion
Solution that allows Mozambican Women Entrepreneurs to grow and expand their business.
Charges
A process organisation fee and a contract change/reformulation fee, previously defined by the Bank, will be charged.
How to Obtain It
To subscribe for Woman Entrepreneur’s Loan, visit any Millennium bim Branch.
Loan Account
FINANCING AMOUNT
|
FINANCING AMOUNT |
Min: 50,000.00 MZM and Max: 20,000,000.00 MZM. |
---|---|---|
Term
|
Term |
6 Months to 7 years |
Interest rate
|
Interest rate |
PRSF + 4% |
Leasing of Movable Property
Financing Amount
|
Financing Amount |
Min: 50,000.00 MZM and Max: 20,000,000.00 MZM. Financing should be 80% to 90% of the value of the asset to be purchased. |
---|---|---|
Term
|
Term |
New vehicles: Min: 18 months and Max: 6 years; Used vehicles and equipment: Min: 18 months and Max: 5 years. |
Interest rate
|
Interest rate |
PRFS + Spread with 1% discount if insurance is taken out with Millennium bim. |
Initial Entry
|
Initial Entry |
10% to 20%. |
Residual value
|
Residual value |
2% |
The contracting of credit transactions advertised herein is subject to credit risk analysis and the possible constitution of guarantees that the Bank deems suitable.