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ECOWAS / CEMAC Innovator Or Inventor Loan $40000

This loan offer is available to innovators or inventors in underdeveloped countries where Safariis operates. It aims to fund those wishing to resolve very strategic problems in their environment (community/town/country). These problems can be environmental or technical or commercial or anything in between that when addressed would create value in the local economy and lead to the creation of wealth and employment of the youths. The resulting increase in capacity and capability should lead to delivery of better service to the citizens in those countries. The below is the modality for the successful approval of the associated loan application:
a. The innovator or inventor is sponsored by a registered business in the country where he or she lives. Such a business would have an operating income above $20000 monthly and is able to assist the inventor in commercializing the invention once it is fully developed and manufactured.
b. There hasn't been a default on any prior loan repayment for the past 18 months.
c. 3 personal references of professors, academicians, man or woman of good character, and high morale, living in the country who emotionally supports the innovation of invention in question, given its value to the economy and the people.
d. Repayment of the loan during the established terms is through direct bank deposits, using a business account that has been opened no less than six months ago.
e. The borrower would ensure the loan through a parallel insurance acquired to the effect.
f. A project management plan showing feasibility determination of the proposed invention or innovation.
g. A video narrating the characteristics of the invention or innovation.

Principal Amount: $40,000.00

Interest: 12

Term: 10

Safariis Fee: 10% Fixed

Monthly Payments: $4,480.00

Loan Application Fees: $35.00

Product Code: LCMD-385

Availability: 100

This loan offer is available to innovators or inventors in underdeveloped countries where Safariis operates. It aims to fund those wishing to resolve very strategic problems in their environment (community/town/country). These problems can be environmental or technical or commercial or anything in between that when addressed would create value in the local economy and lead to the creation of wealth and employment of the youths. The resulting increase in capacity and capability should lead to delivery of better service to the citizens in those countries. The below is the modality for the successful approval of the associated loan application:
a. The innovator or inventor is sponsored by a registered business in the country where he or she lives. Such a business would have an operating income above $20000 monthly and is able to assist the inventor in commercializing the invention once it is fully developed and manufactured.
b. There hasn't been a default on any prior loan repayment for the past 18 months.
c. 3 personal references of professors, academicians, man or woman of good character, and high morale, living in the country who emotionally supports the innovation of invention in question, given its value to the economy and the people.
d. Repayment of the loan during the established terms is through direct bank deposits, using a business account that has been opened no less than six months ago.
e. The borrower would ensure the loan through a parallel insurance acquired to the effect.
f. A project management plan showing feasibility determination of the proposed invention or innovation.
g. A video narrating the characteristics of the invention or innovation.

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