This is a scheme aimed at giving free "grants" to viable new or existing micro/small/medium enterprises in the rural areas. People can apply and once successful, the Regional Council can fund the business in the form of grants.
Objective of the Micro Finance Scheme:
To promote rural industrialisation, self-employment and local skills within rural communities and address poverty eradication.
General Requirements:
- All Namibians above the age of 18 residing in the rural areas of Omaheke region;
- Youth, women and community-based groups that reside in rural and settlement areas;
- San community and other marginalised groups are encouraged to apply;
- The proposed project should be economically viable and sustainable;
- Cost breakdown for required amount and one quotation must be provided;
- The proposed project must be registered with the Ministry of Industrialisation, Trade and SME Development;
- The proposed project must have a bank account or willing to open a bank account within three months after approval.
Application Form