What is really required to get a CEDA loan in Botswana or youth grant?

Answer 1

1) Certified copies of Omang (individuals, partners, shareholders and directors) 2) Form 3 (certificate of incorporation), in case of a company 3) Resolution by shareholders to apply for a loan (in case of Company) 4) Form 2 (list of shareholders/directors) 5) Form 4 (allotment of shares) 6) Audited financial statements ( in case of existing operations) 7) Valuation report of the purchased prepared by profesional valuer (the report must not be more than three years at the time of submission of the application) 8) Proof of tittle deed for the property to be purchased or used as security 9) Proof of ownership or availability of land for the project 10) Copy of necessary license to operate the business 11) livestock brand certificate 12) Copy of rental or lease agreement (in case of lease premises) 13) Copy of Franchise Agreement 14) Borehole drilling completion certificate, proof of ownership 15) Concept Architectural Plans ( in case of property development) 16) Shareholders/partners/directors/individual applicants are 18 years and over 17) Market details and merketing strategies have been prepared 18) Financial projections have been prepared 19) Personal Balance sheets of all shareholders or individual applicants are provided 20) At least three quotations of items to be financed 21) In case of companies all shareholders must be citizens 22) Check that all relevant sections of the forms are in and also that the proposal falls within CEDA's financing criteria 23) Professional and academic certificates 24) Curriculum vitae 25) Letters of intent 26) Application form 27) Memorandum and articles of association 28) Insurance quotation 29) soil and water tests

Please submit together with the application a CEDA business plan or a separate business plan to the CEDA branch that your business is located.

Answer 2

To get a CEDA loan in Botswana, you typically need a viable business proposal, collateral (if applicable), a good credit history, and the ability to demonstrate how the loan will be repaid. For a youth grant, you may need to meet certain age criteria, have a business idea that aligns with grant objectives, and present a compelling proposal detailing how the grant will be utilized to benefit your business or community. Meeting these requirements is essential to increase your chances of securing either a CEDA loan or a youth grant in Botswana.

Answer 3

agriculture

Answer 4

TO ASSIST

Answer 5

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