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About this opportunity
Affordable, collateral-free business financing for young Namibians aged 18–45 to start, grow or expand their businesses.
The National Youth Development Fund (NYDF) provides affordable financing and technical/business support to young Namibians who want to start, grow or expand businesses. It supports youth-owned businesses, startups, cooperatives and innovative projects, with priority areas including agriculture and agro-processing, manufacturing and value addition, and green/eco-friendly projects.
The financing is collateral-free, with interest rates of 2%–4%. Funding ranges from N$60,000–N$200,000 for startups, N$200,000–N$1 million for entrepreneurial/project initiatives, and above N$1 million for larger projects.Target group: Namibian youth aged 18–45.
