Production Loans

[et_pb_section fb_built=”1″ _builder_version=”3.15″ background_color=”#f2f2f2″ custom_padding=”8px|0px|3px|0px|false|false”][et_pb_row custom_padding=”8px|0px|7px|0px|false|false” background_color_1=”#ffffff” _builder_version=”3.15″ background_color=”rgba(255,255,255,0.66)”][et_pb_column type=”1_4″ _builder_version=”3.0.47″ background_color=”#ffffff” parallax=”off” parallax_method=”on”][et_pb_blurb image=”https://www.diaconiamdi.com/wp-content/uploads/2021/09/IMG-20210910-WA0000.jpg” _builder_version=”3.15″ header_font=”|600|||||||” body_font=”||||||||” body_text_color=”#000000″ body_font_size=”12px” body_line_height=”1.3em”][/et_pb_blurb][/et_pb_column][et_pb_column type=”3_4″ _builder_version=”3.0.47″ parallax=”off” parallax_method=”on”][et_pb_blurb title=”Production Loans” use_icon=”on” _builder_version=”3.15″ header_font=”|||on|||||” header_text_color=”#6cb300″ body_font=”|600|||||||” body_text_color=”#474747″ body_font_size=”12px” body_line_height=”1.2em” custom_margin=”0px|||” custom_padding=”0px|||”]Production loans are loans for the purpose of financing production activities, where the repayment is linked to the production, involving the use of raw materials to make finished products.
[/et_pb_blurb][et_pb_blurb title=”Purpose of production loans” use_icon=”on” _builder_version=”3.15″ header_level=”h5″ header_font=”Times New Roman|600|||||||” header_text_color=”#6cb300″ header_font_size=”14px” body_font=”|600|||||||” body_text_color=”#474747″ body_font_size=”11px” body_line_height=”1.2em” custom_margin=”-17px|||” custom_padding=”0px|||”]The purpose of a production loan is to finance the purchase of light manufacturing inputs, lease equipment and machinery, purchase machinery, and hire labor, etc. in order to carry out all of the above-mentioned productive activities.
[/et_pb_blurb][et_pb_blurb title=”Target” use_icon=”on” _builder_version=”3.15″ header_font=”Times New Roman||on||||||” header_text_color=”#6cb300″ body_font=”|600|on||||||” body_text_color=”#474747″ body_font_size=”12px” body_line_height=”1.2em” custom_margin=”-16px|||” custom_padding=”0px|||”]The target beneficiaries of production loans are the myriad of small-scale micro manufacturers producing such wares as:
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  • Apparel
  • Leather and leather products
  • Fabricated metal products
  • Food processing
  • Agri-business

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  • Furniture and fixtures
  • Lumber and wood products
  • Arts and craft
  • African clothes and others
  • Rubber products

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  • Facility range: USD600 (minimum) to USD7,000 (maximum)
  • Methodology: Individual lending and liability
  • Duration: 6 months to 24 months
  • Grace period: 1 Months
  • Repayment frequency: Monthly
  • Clients must be Responsible

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  • Access to funds for business expansion
  • Access to other business loan products to strengthen client’s enterprise
  • Flexible repayment structure
  • Training on basic financial management, business planning and customer relations
  • Low interest rate
  • Expert financial advice available

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  • Duly completed application form
  • 2 guarantors
  • 2 recent passport-size photographs
  • A valid means of ID (national ID, driver’s license, voter’s card or passport)

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Diaconia MDI is the right place for you,  partner with us for better growth

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DMDI Offers one main credit product, Individual Microloans defined as Loans between USD $700 – 7,000. But within this broad category of microloans. Are further subdivisions. They include:

  • Production Loans
  • Trade and Commerce Loans
  • Service Loans
  • Savings – led Loans

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Production loans
Trade and commerce loans
Service Loans
Savings-led Loans
SME Loans
Child Saving Loans

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135 Carey Street 
Continental and general 
life insurance building
Monrovia, Liberia

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+231 776-279-723
+231 881-654-402
post@diaconiamdi.com
Office Open:8:00am-5:00pm
Banking Hours:9:00am-2:00pm

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