Africa-Press – Angola. Close to forty young entrepreneurs from the province of Cuando Cubango have benefited, since February, from a micro-credit from the company Wiliete Crédito, in the global amount of 16 million 24 thousand kwanzas, for the implementation of projects in the areas of agriculture, commerce, agribusiness and provision of services.
The coordinator of the Wiliete Crédito branch in Menongue, Jackson Kindo, explained that the institution has a micro-credit line ranging from 100,000 to seven million kwanzas, with a repayment period ranging from six to 24 months, at most. , and with an interest rate between 3.5 and 7.5 percent per month, depending on the amount the creditor receives.
Jackson Kindo underlined that the main difficulties are related to the existence of many processes to be received, many of them incomplete and that do not allow the granting of micro-credit, mainly due to the lack of a bank account, a guarantor and some certification or formalization documents. from the company.
In order to obtain micro-credit, he said, in addition to the referenced documents, interested persons must present two copies of the Identity Card, in color, the Criminal Record Certificate, a passport-type photograph and a guarantor with income domiciled, preferably in the Savings and Credit Bank (BPC).
Jackson Kindo said that his institution only finances, essentially, young entrepreneurs, who have been developing activities for more than a year and whose commercial exercise guarantees that, in fact, the creditor “will comply with the repayment period”.
Without mentioning the value, he guaranteed that the Wiliete Crédito Agency, which has been operating since the 17th of February of this year, in the city of Menongue, for young people, has a line of credit available to support small entrepreneurs and people who want to invest in the production and services of the agribusiness chain.
Therefore, he appealed to young people who want to improve or implement a project in Cuando Cubango, to go to the Wiliete Crédito de Menongue Agency, so that they can see their dream come true. Jackson Kindo announced that, within the scope of the Informal Economy Conversion Program (PREI), Wiliete plans to grant, in the coming days, micro-credit to hundreds of informal economic operators, who operate in the parallel markets of the Paz, Tchivonde, Castilho neighborhoods. and Pandera.
He recalled that Wiliete Crédito is a non-banking financial institution, dedicated to granting micro-credit to entrepreneurs and that works in close collaboration with Sol, BCI, BAI, BIC, BFA, BCA and Atlântico banks.
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