Green Credit Line Facility

What the facility is for

The Green Credit Line Facility (GCLF) exists to put sustainable capital in the hands of Namibian MSMEs and start-ups, with three objectives.

Cleaner production

Help MSMEs and start-ups improve their environmental footprint by adopting cleaner technology and methods that cut hazardous waste, greenhouse gas emissions and water pollutants, while becoming more competitive.

Rural and off-grid impact

Make a tangible impact in the Namibian economy through concessional loans, guarantees and equity, targeted mainly at communities in rural and off-grid areas.

Social and economic upliftment

Support the deployment of innovative green technologies and sustainable agricultural practices that mitigate the effects of climate change.

Facility products

Concessional loans

Bridge finance and term loans from N$20 000 to N$2 000 000, repayable over up to 6 years with a 6 to 12 month grace period.

Guarantees

Performance and financial guarantees from N$100 000 to N$2 000 000.

Equity funding

Equity investment of up to N$6 000 000 for projects with the scale and bankability to support it.

Who qualifies

Applications are assessed against five criteria. Preference is given to MSMEs owned by women, youth and previously disadvantaged individuals.

Sustainability and adaptability
Bankability and scalability
Social impact and economic empowerment
Developmental impact: employment creation, rural development and poverty alleviation
Mandate fit with the focus sectors below

Focus sectors

Facility products go to MSMEs and start-ups with projects in the green and adaptation space, including:

Sustainable agricultureCommunity-based and sustainable tourismRenewable energy innovation and energy efficiencyNatural resource value chains, including biomass and bush encroachmentEfficient use of natural resources such as waterWaste management and recycling

Facility terms

Loan amountMinimum N$20 000, maximum N$2 000 000

Guarantee amountMinimum N$100 000, maximum N$2 000 000

Equity fundingMaximum N$6 000 000

Repayment period6 years for loans and guarantees

Grace period6 to 12 months

DisbursementApproved funds are paid to suppliers, except for working capital

Documents you need

Have these ready before you start. Bellatrix will confirm the final list for your application.

Your facility

A business plan for the project
A completed Bellatrix application form (online or the downloadable form)

Your business

Entity registration documents for a close corporation, private company or trust
Good standing certificates from NAMRA and the Social Security Commission
MSME certificate

KYC for each member, shareholder or director

Namibian ID or valid passport for each member, shareholder, director, sole proprietor, trustee, beneficiary and authorised signatory (police stamp not older than 3 months)
Latest proof of residence for each of the above (municipal bill, lease agreement or police declaration)
For non-Namibian residents: foreign ID or passport, or permanent residence permit, plus proof of residence
If married or divorced: marriage certificate, spouse’s ID or antenuptial contract, or divorce decree
Proof of business address (municipal bill or lease agreement)
Proof of bank account (bank confirmation letter)
6 months’ bank statements for the business (existing businesses only)
6 months’ personal bank statements for each member, shareholder, sole proprietor, trustee or beneficiary
Balance sheet of assets and liabilities for each member, shareholder, sole proprietor, trustee or beneficiary (template provided)

How to apply

Complete the application form, attach the required documents and submit through any of these channels.

Apply online

Complete the Green Finance application in our online portal and upload your documents.

Start application

Email

Download the form, complete it and email it with your documents to gif@bellatrixcap.com.

Download form

Hand deliver

Deliver the completed form to Bellatrix’s offices in Windhoek, or to an approved regional council or local authority.

Get directions