Namibia: Development Bank to Kick Off Covid-19 Business Relief Loans Next Week

The Development Bank of Namibia's (Dbn) Covid-19 business relief loans which will provide finance equivalent to three months up to a maximum of six months working capital for enterprises affected by COVID-19, will kick off on 18 January.

The term of the loan will be a maximum of 60 months and will be available to both existing DBN SME borrowers and to enterprises which are not yet clients of the Bank, as long as these enterprises have been in operation for at least 12 months, and meet the qualifying criteria.

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