Description
Hofokam’s Commercial Loans are tailored for larger enterprises needing substantial capital for expansion, operational improvements, or other significant investments.
The Hofokam Water, sanitation and Hygiene (WASH) loan
The Hofokam Water, sanitation and Hygiene (WASH) loan is designed for households, SME’s and community based institutions that are interested in making it easier to access clean and safe water or to construct or install improved sanitation facilities. At Hofokam we believe every household deserves the opportunity to access safe and clean water, have proper sanitation facilities and good hygiene.
What you'll need
Benefits
- Competitive interest rates
- Large loan amounts available
- Customizable repayment plans
- Professional business advisory services
Requirements
- Must be 18 years and above
- Collateral security (e.g., chattels, land agreements, land titles, motor vehicle log book)
- Detailed business plan and financial projections
- Two guarantors with two passport size photos each
The maximum amount depends on the collateral and the financial health of the business.
Yes, the loan can be used for various business-related expenses, including expansion, equipment purchase, and operational improvements.
Grace periods can be negotiated based on the business needs and loan terms.