Since its establishment, in 2010, Kongalend has disbursed 11,267 loans, amounting to over N$176,000 to customers in all 14 regions of Namibia.
Our Group Power loan, which is extended to members of community-based micro-enterprise groups, has been taken up by 8362 customers, all of whom run micro-businesses, generating income for themselves and their families.
Our SMME Power loan has been taken up by 1635 people running small and medium enterprises. Our SMME customers are engaged in a variety of productive ventures ranging from brickmaking and hair salons to food processing and motor repairs. Their businesses not only generate income but provide valuable services to the communities operators serve.
Namibia has one of the world’s highest levels of solar radiation. Its geographical make-up and sparse population result in many communities not being connected to the national grid and thus not enjoying the simple benefits that access to energy bring.
Kongalend’s Solar Power loan has provided a solution to 1,235 households eager to invest in solar home systems and solar water pumps.
Kongalend’s Lima Power loan has, to date, assisted 35 small farmers to acquire the machinery, equipment and inputs they need to cultivate the land and make an impactful contribution to food security for their families and communities.
Kongalend Financial Services
corner Haddy & Viljoen Street
telephone: 061 24 1440
fax: 061 24 1447
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