Apply:

• • Use the calculator to determine how much you can afford to borrow,your affordability is based on your net salary.
• • We allocate 50% of your net salary to your general living expenses to encourage responsible borrowing and avoid overindebtedness.
• • If your actual living expenses exceed half your net salary, please adjust your figures accordingly.
• • Include the total amount of your other monthly debt repayments.
• • High living expenses or large total debt instalments as a proportion of your net salary may reduce your loan eligibility.
• • Enter your next payday, which must not be more than 31 days away.
• • The repayment term is one month, with repayment due on your next payday — this applies to both first-time and repeating loans regardless of the application date.
• • Confirm your loan amount and accept the terms and conditions of the loan application.
• • If this is your first loan and you were referred by an agent, enter the agent’s referral code.

Personal Loan:

• • Use the calculator on the home Page to determine how much you can afford to borrow.
• • Affordability is based on your net salary, which must be at least N$8700.00.
• • Minimum loan amount: N$10,000.00 and maximum loan amount: N$30,000.00
• • Half of your net salary is allocated to living expenses to promote responsible lending and prevent over-indebtedness.
• • If your living expenses exceed 50% of your net salary, please update your calculation accordingly.
• • Include the total of all your monthly debt instalments.
• • Your affordability may decrease if your living expenses or debt instalments take up a higher portion of your salary.
• • Enter your next payday (no more than 31 days from today).
• • Then enter your preferred repayment period — the longer the term, the greater your potential affordability.
• • For a first-time loan, the maximum term is 3 months; for repeat loans, it’s 5 months.

Business Loan:

• • Use the calculator on the home Page to determine how much you can afford to borrow.
• • Affordability is assessed based on the business’s verified monthly turnover and cash flow to prevent over-indebtedness. Applicants must complete the prescribed affordability assessment and provide accurate financial information.
• Minimum loan amount: N$10,000.00. Maximum loan amount: N$50,000.00. The approved loan amount is subject to affordability and credit assessment results.
• • Applicants must disclose all existing monthly business debt obligations. Excessive expenses or debt commitments may reduce eligibility.
• • The loan carries a fixed repayment period of six (6) months with equal monthly instalments on agreed repayment dates
• • The lender reserves the right to decline or limit any application where approval may result in financial distress or over-indebtedness, in accordance with Namibian responsible lending obligations.

First-time applicants referred by an authorised agent must provide a valid referral code. Referral arrangements do not influence loan approval decisions.

• Get Approved:
• • The CICPRO Finance Services CC team will assess your application in line with our lending policy.
• • You’ll receive an email notification with the decision.
• • Once approved, we’ll provide instructions for signing the contract and authorizing debit payments from your account.


• Get Paid:
• • After signing the contract, our payment officer will transfer the loan funds into your account.
• • Term Loans are disbursed via EFT or E-Wallet only.

Repayment:

• • Important: Never make payments to an agent.
• • Cash payments are accepted only at our offices.
• • We do not accept wallet payments (eWallet, Easy Wallet, Blue Wallet, etc.).
• • A Term Loan is repaid through equal monthly instalments starting on your next payday.
• • First-time applicants repay over three (3) instalments, while repeating applicants repay over five (5) instalments.
• • Repayments are collected via electronic debit order.If your payday falls on a weekend, the debit will occur on the Friday before.

Please ensure that the following documents are attached where applicable:

• • Copy of National ID / Passport/ Domicile / Work Visa
• • Latest 3 Months’ Payslips or or Pension Confirmation Letter if applicable (for personal applicants)
• • Latest 3 Months’Bank Statements
• • Proof of Address (not older than 3 months)
• • Business Registration Documents (for business applicants)
• • Tax Certificate (for business applicants)

Please request an application form via applications@cicprofinserv.com, after completing the application form, please submit it along with all required documents accordingly.