OUR LOAN OFFER

With a Microcred loan, take your business to the next level and finance:

  • Needs in working capital

    • Increase of stock
    • Diversification of goods

  • Needs in investment

    • Equipment
    • Premises

  • Needs in developing an activity

Micro Loan

An easily accessible loan for microentrepreneurs willing to grow their businesses bigger!

• From $150 to $10,000
• Disbursed in few days
• Repayable in 1 to 12 months
• Simple with minimum administrative procedures


SME Loan

To consolidate or invest in your business

• From $10,001 to $50,000
• Disbursed in few days
• Repayable in 1 to 12 months
• Simple with minimum administrative procedures
• Advantageous with a close follow-up to make sure your application will be managed in the best delay

FAQ

Am I eligible for a loan? You are an entrepreneur or a microentrepreneur, a retailer, an artisan, a SME. You are a Zimbabwean citizen between 18 and 65 years old, you have an operational business for at least 6 months and have at least 1 year of experience in your field...congratulations, you are eligible for a Microcred loan!

What is the amount I can ask for?Depending on the nature of your business, you can be eligible for a microloan from $150 to $10,000 or a SME loan from $10,001 to $50,000.

I would like to apply for a loan. What should I do?You must visit your nearest Microcred branch to make your loan application.

What are the repayment modalities?The reimbursement of the loan is made on a constant monthly basis.

What is the interest rate?The interest rate is of 5.2% per month based on a monthly declining balance (interests are calculated on the outstanding amount due, and not the initial amount).

How can I get more information or find a Microcred branch?You can call our Customer Care line 04 705414-8 or write to us at customercarezw@microcred.com.
At Microcred, we take pride being close to our clients to better serve them. This is why we have a strong footprint in 9 branches nationwide (2 in Harare, Chitungwiza, Murehwa, Bulawayo, Gweru, Masvingo, Mutare, Chipinge).