Shopping Cart
Your Cart is Empty
Quantity:
Subtotal
Taxes
Shipping
Total
There was an error with PayPalClick here to try again
CelebrateThank you for your business!You should be receiving an order confirmation from Paypal shortly.Exit Shopping Cart

Malta Microfinance

LOAN SCHEMES




If a small loan can transform your life and you can show us how you will be able to afford to make the repayments then get in touch with us. 


1. Business Loan:

Funding and extra support for small ventures or self-employed individuals to expend or start their own business.

The borrower must present a business plan. This document should describes how a business - startup or expansion - defines its objectives and how it is to go about achieving its goals. It shows the business structure from marketing, financial, and operational standpoints but also how the money of the loan in connection with the additional equity will be invested. 

Malta Microfinance will offer as much support as possible to new businesses, including reviewing business plans and suggesting extra support services or agencies to approach as needed.

Example: The clients investment is jeopardized by unforeseen costs or circumstances. 


2. Education Loan:

Education loans can help to clients to contribute to finding a job or towards moving up in their careers  or leading to self-employment. Most courses are part-time or short-term so as to ensure the client is able to pay back within the stipulated time-frame. 

Example:

Course fees for University, M-Cast or other designated educational institutions in Malta and other requirements necessary for a course, such as tools or a laptop.


3. Personal Loan:

Personal loans may be given out in special circumstances to individuals through financing not covered in the above loan profiles, however always with the aim of helping them maintain/employment, access/maintain suitable housing or secure increased economic mobility. 

Example:

Repair of a car: If the workplace can only be reached with a set of wheels, a loan can ensure the continuing of employment and therefore the financial independence.



4. Rent Loan:

In certain cases we approve loans covering up to two months’ rent and/or electricity and/or the deposit to move into a flat.

Mainly these loans are given to people wishing to move out of an Open Centre or other temporary accommodation.

The amount borrowed depends on the rent of the flat and other monthly expenses the client incurs compared to his/her income. The borrower must present the rental agreement and proof of income (including social benefits if applicable).