SEL loan is small enterprises loan used to finance small scale businesses in Afghanistan. The SEL customers can be individual business owners, sole proprietorship companies, family companies, partnerships or incorporated companies. The aim of this loan is to increase working capital, income of the business and building asset of the enterprise.
- Target group; Businessmen/women
- Duration 6-24 months
- Loan size; AFN 20,000 to 250,000 depending on client’s capacity
- Collateral; Title deed ( title deed below AFN50,000 is optional but over AFN 50,000 is mandatory)
- Financial guarantor; businessmen/women who has capacity to guarantee the loan
- Family guarantor; close relative of his family is mandatory