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2025-04-30T14:51:25Z

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==Procedure==
'''Apply In-Person''' 
#The Citizen Entrepreneurial Development Agency (CEDA) was established by the Government of the Republic of Botswana to provide financial assistance in form of (Loan Finance, Property Loans, Equity, Guarantees, and Business Advisory Services (Mentoring and Training). [https://www.ceda.co.bw/branch-network CEDA contact details].
#Interested applicants who need to assess Guarantee funding are required to collect and complete the following forms, CEDA Loan Application Form, CEDA Business Plan Form, and Checklist form for the required document. Copies of these forms are available at the inquiries desk at any of the CEDA offices across the country or download it via the CEDA website [https://www.ceda.co.bw/application-centre CEDA Application Forms] or directly download it using this [https://www.ceda.co.bw/sites/default/files/ceda-loan-application-form.pdf Loan Application Form link], [https://www.ceda.co.bw/sites/default/files/ceda-business-plan-form.pdf Business Plan Form Link]
#The applicant will be required to submit the certified copies of the relevant supporting documents as mentioned under the “Required Documents” section of this page, in addition to the duly completed application form in all respect to the CEDA office within the business jurisdiction. Any omission of these documents will render the registration process incomplete.
#Alternative an applicant may prepare a separate business plan which should contain at least all of the information requested for in the CEDA business plan form and submitted together with a completed loan application form and the supporting documentation.
#Upon receipt of the application file, the CEDA receptionist/secretary at the front desk will verify if all the necessary information and documentation has been provided and that the applications comply with the selection criteria before registering the application file for assessment and consideration by the CEDA department/unit responsible which is within 14 working days.
#Applicants will be issued with an acknowledgment slip/reference number as proof of submission of the application.
#The application will be processed as per the information and documentation provided, that is why applicants are advised to provide sufficient information to enable the CEDA to evaluate the business plan and make its decision.
#The CEDA will only approve the loan if it’s satisfied that it will be viable, sustainable, and adding value to the economy.
#Notice of the decision (Approval, Deferral, or Rejection) for the Loan will be communicated to the client in writing/phone/SMS/email.
#If the project is approved, the applicant will be required to visit the CEDA office, where the application was lodged and produce a proof of identity document and the approval letter to be validated by the authorized official, the applicant/client will then be required to sign a contract with CEDA and the business plan will form part of the contract.
#The Access of the loan by the applicant once approved, is normally subjected to pre-disbursement conditions as the CEDA deems fit, once all these conditions have been fulfilled, the loan can start disbursing in accordance with the implementation schedule agreed with the applicant (borrower). 
 
'''Apply Online''' 
#Interested applicants may submit their application online via the CEDA website [https://www.ceda.co.bw/ceda-online-loan-application-form Link].
#The application form will be displayed, fill out all mandatory fields accurately i.e. {Personal details/Corporate Details (If the applicant is a company)/Financial Details}, upload all the supporting documentation as listed on the site, and click on the “Submit” tab.
#Alternative an applicant may prepare a separate business plan which should contain at least all of the information requested for in the CEDA business plan form and submitted together with a completed loan application form and the supporting documentation.
#Upon receipt of the application file, the CEDA receptionist/secretary at the front desk will verify if all the necessary information and documentation has been provided and that the applications comply with the selection criteria before registering the application file for assessment and consideration by the CEDA department/unit responsible which is within 14 working days.
#The CEDA will send the applicant an acknowledgment mail with the Reference number as proof of submission of the application.
#The application will be processed as per the information and documentation provided, that is why applicants are advised to provide sufficient information to enable the CEDA to evaluate the business plan and make its decision.
#The CEDA will only approve the loan, if it’s satisfied that it will be viable, sustainable, and adding value to the economy.
#Notice of the decision (Approval, Deferral, or Rejection) for the Loan will be communicated to the client in writing/phone/SMS/email.
#If the loan is approved, the applicant will be required to visit the CEDA office, where the application was lodged and produce a proof of identity document and the approval letter to be validated by the authorized official, the applicant/client will then be required to sign a contract with CEDA and the business plan will form part of the contract.
#The Access of the loan by the applicant once approved, is normally subjected to pre-disbursement conditions as the CEDA deems fit, once all these conditions have been fulfilled, the loan can start disbursing in accordance with the implementation schedule agreed with the applicant (borrower). 
 
'''Appeals to the Chief Executive Officer''' 
Any person who is aggrieved by the refusal of the department concern to grant the loan may appeal in writing against the refusal to the Chief Executive Officer. When one appeals, they must give reasons for not agreeing with the decision and any other information why their application should be re-considered. [https://www.ceda.co.bw/appeals-procedure CEDA appeal process] 
 

==Required Documents==
*Historic financials (for operating projects)
*Financial Projections.
*Company resolution to borrow.
*Certified copies of Directors IDs.
*Personal Balance sheets of Directors.
*Company Profile or business brief for new projects.
*Market (i.e Tender awarded/purchase orders/contracts).
*Letter of request.
*CVs of Directors and/or Management.
*Certificate of incorporation.
*Form 2.
*Share Certificates.
*Copy of license to operate the business.
*Quotations from suppliers
*Tax Clearance Certificate.
*Any additional documents requested by the CEDA. 
 
==Office Locations & Contacts==
'''Citizen Entrepreneurial Development Agency (CEDA)''' 
'''Headquarter Office ''' 
'''Gaborone Branch''' 
Address: CEDA House, Prime Plaza Matante Road & Khama Crescent Extension CBD 
Gaborone, 
Botswana 
Private Bag 00504, Gaborone 
Tel: (+267) 3170895 
Fax: (+267) 3170896 
 
'''Molepolole Branch''' 
Address: Plot 470 Main Road, Borakanelo Ward 
Molepolole, 
Botswana 
P O Box 3271 Molepolole 
Tel: (+267) 5920000 
Fax: (+267) 5915318 
 
'''Kanye Branch''' 
Address: Plot 1264, Maswabi Complex, Sebonego Ward 
Kanye, 
Botswana 
Private Bag 16 Kanye 
Tel: (+267) 5440324 
Fax: (+267) 5441109 
 
'''Palapye Branch''' 
Address: Plot 8717, Unit17, Riverview Mall along A1 
Palapye, 
Botswana 
Private Bag 24 
Tel: (+267) 4920279 
Fax: (+267) 4920235 
 
'''Francistown Branch ''' 
Address: Plot 323676, Unit 6, 7, 8 Donga, along Marang Road 
Francistown, 
Botswana 
P O Box 1845 Francistown 
Tel: (+267) 2412775 
Fax: (+267) 2416045 
 
'''Selibe Phikwe Branch''' 
Address: Plot 6575 Khama Road, Private Bag 190 S/Phikwe 
Selibe Phikwe, 
Botswana 
Tel: (+267) 2622377 
Fax: (+267) 2622374 
 
'''Maun Branch''' 
Address: Plot 730 Tsheko Road, Mall Extension 
Maun, 
Botswana. 
Private Bag 393 Maun 
Tel: (+267) 6864169 
Fax: (+267) 6864858 
 
'''Hukuntsi Branch''' 
Address: Plot 158, Unit 7, Macheng Mall 
Hukuntsi, 
Botswana 
Private Bag 16 Kanye 
Tel: (+267) 6510170 
Fax: (+267) 6510185 
 
'''Ghanzi Branch''' 
Address: Chelford Complex, Plot 1299 Henry Jackie Road 
Ghanzi, 
Botswana. 
P O Box 792 Ghanzi 
Tel: (+267) 6597331 
Fax: (+267) 6597595 
 
'''Kasane Branch''' 
Address: Plot 5085, Rural Admin Centre 
Kasane, 
Botswana 
P O Box 63 Kasane 
Tel: (+267) 6250183 
Fax: (+267) 6250185 
 
'''Letlhakane Branch''' 
Address: Plot 10297, Mokgobelele Ward 
Letlhakane, 
Botswana 
Private Bag 55 Letlhakane 
Tel: (+267) 2976234 
Fax: (+267) 2976523 
*[https://www.ceda.co.bw/branch-network CEDA Branch Offices contact/address location details] 
*[https://www.ceda.co.bw/ CEDA website] 
 
==Eligibility==
The following qualify to apply for the loan. 
*Citizens 18 years and above for both start-up and expanding businesses qualify to apply.
*The purchase of equity share capital in existing registered foreign-owned businesses. This will include:
**Risk capital finance to enable businesses to acquire other businesses.
**Management buy-outs and/or the acquisition of businesses or shares in existing businesses that are majority foreign-owned through the financing of the acquisition of shares from the foreign shareholders.
**Loan finance or a combination of both loans and equity, depending on the financial viability as well as funding requirements. These are also subject to the promoters of the proposed large-scale projects contributing their resources of not less than 10% of the project total cost. CEDA will take a minimum of 26% and a maximum of 49% equity stake in the supported businesses up to a limit of P50 million.
**Business finance packages involving internal CEDA resources and financing from commercial sources, other financing agencies both from within and from outside Botswana.
*Citizens and joint ventures between citizens and foreigners under the equity component. This invests directly in a company by subscription of new shares (equity partner).
*Citizen-owned businesses with an annual turnover of up to P20 million. Assistance would be in the form of guarantees, letters of credit, and performance bonds.
*Citizen-owned businesses facing foreclosure and seeking to re-finance mortgage loans for land, commercial and industrial property in exchange for a share of equity in their businesses.
*Viable expansions to existing registered majority-owned citizen businesses in all sectors of the economy. 
 
==Fees==
No fee associate with the service. 
 
INTEREST RATE
*Loans of up to P500 000 will be charged interest at the rate of 5% per annum.
*Loans exceeding P500 000 will be charged interest at the rate of 7.5% per annum. 
 
==Validity==
The repayment period will depend on the date of receipt of expected money which will be used to clear the debt but will not exceed 12months. Monthly repayments are not usually required, instead, a bullet repayment is made using the received money. 
 
==Documents to Use==
*[https://www.ceda.co.bw/sites/default/files/ceda-loan-application-form.pdf Loan Application Form] 
*[https://www.ceda.co.bw/sites/default/files/ceda-business-plan-form.pdf Business Plan Form] 
 
==Sample Documents==
Please attach sample completed documents that would help other people. 
 
==Processing Time==
The turn-around time for CEDA to give feedback on the loan application is 14 days. 
 
==Related Videos==
Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M' 
 
==Instructions==
Payment of the Guarantees and Bonds 
The borrower may be required to pay their loan monthly, quarterly, bi-annually, or annually depending on the gestation period and the cash flow of the project. 
*There is a grace period on the repayment of the loan, which varies depending on the implementation of the project, the gestation period of the project, and the cash flow of the project. However, as per CEDA's new set of guidelines, the grace period has been extended but should not exceed 48 months. [https://www.ceda.co.bw/sites/default/files/Revised%20CEDA%20Guidelines%20June%202020.pdf CEDA 2020 Guidelines] 
 
==Required Information==
PERSONAL DETAILS 
*Full names
*Contact details
*Project Description
*Training and Experience
*How much are you applying for 
 
CORPORATE DETAILS (IF A COMPANY) 
*Name of Company
*Date of Incorporation
*Nature of Business
*Shareholders details
*Two Reference details
*Commercial Bankers details
*Accountants/Auditors details
*Alternative Contact Details (Next of kin not living with you)s
*Declaration by the applicant 
 
BUSINESS PLAN 
*How long have you / company been trading for?
*Project Capital Costs details
*Financing Plan details
*Ownership and Management details
*Owners Personal Balance Sheet details
*Project Location
*Production Process
*Target Market/ Market Size/ Competitors details
*Market share your project intends to archive
*Distribution channels
*Supply Channels 
 

==Need for the Document==
* The Citizen Entrepreneurial Development Agency (CEDA) was established by the Government of the Republic of Botswana to provide financial and technical support for business development to promote viable and sustainable citizen-owned business enterprises.
*The CEDA finances (Loans) viable and sustainable projects according to the sectors of Agri-business, Property, and Manufacturing and Services. Such financial assistance may be offered in form of guarantees and bonds. 
 
==Information which might help==
[https://www.ceda.co.bw/sites/default/files/Revised%20CEDA%20Guidelines%20June%202020.pdf CEDA 2020 Guidelines] 
 
==Other uses of the Document/Certificate==
Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity. 
 
==External Links==
*[https://www.ceda.co.bw/guarantees-and-bonds-0 CEDA] 
*[https://www.gobotswana.com/sites/default/files/CEDA%20Products%20and%20Services.pdf Go Botswana] 
 
==Others==
CEDA shall provide financial assistance in the form of the following; 
*Loan Finance
*Property Loans
*Equity
*Guarantees
*Business Advisory Services (Mentoring and Training) 

[[Category:Botswana]]

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Wesley: Auto