MICRO FINANCE SCHEME

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