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Loan Product Details - Intelligent Lending Malawi
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Trade Loan

The Tradelenda Loan is tailored for small traders and entrepreneurs who need quick working capital to restock, expand, or manage cash flow.

Loan Features

Loan Amount

MK 500,000 to MK 3,000,000

Repayment Period

1 to 6 months

Interest Rate

3.00% - 5.00% / Month

Key Benefits

Loan amounts: MK500,000 – MK3,000,000
Repayment: weekly or monthly installments, tailored to cashflow
Working Capital Boost: Finance for restocking & trading needs
Repeat Facility: Access to higher limits with good repayment history
Flexible use: inventory, supplier payments, order financing

Requirements

Eligibility Criteria

  • Valid business registration
  • Active business bank account
  • Proof of trade activity (invoices, purchase orders, or sales records)
  • Business operating for at least 6 months

Penalties & Fees

  • 6% once off processing fee

Application Process

  1. Create Account
  2. Select Loan of your choice
  3. Complete application form
  4. Submit required documents
  5. Application review
  6. Business assessment visit (SME and Tradelenda Loans)
  7. Acceptance and disbursement

Processing Time: 5-10 business days after submission of complete documentation

Loan Summary

Loan Product Trade Loan
Interest Rate 3.00% - 5.00% / Month
Maximum Amount MK 3,000,000
Repayment Period Up to 6 months

Good to know

Kindly make sure you have all the required documents before continuing with your application.

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