SADC's mission is to stimulate community participation in taking charge of its future, while subscribing to the local development approach as the foundation of its actions.
The business plan must demonstrate growth potential and good prospects for profitability and viability.
Project acceptance takes into account direct and indirect competition.
The project aims to create or maintain jobs.
The promoter must demonstrate relevant knowledge or experience in the field, as well as management knowledge or skills, or demonstrate that he is remedying his weaknesses.
Financing features
Loans from $10,000 to $25,000.
7-year term loan.
Cannot be used to refinance existing debt.
Interest-free and flexible repayment terms for the first 24 months.
Capital vacation for the first 3 months of the loan.
1% administration fee.
This assistance is not exclusive and may be combined with other financial aid.
Types of financing available
Purchase of assets or shares ;
Equipment;
Maintenance of working capital linked to the investment project.
