Special Call for Applications

SPECIAL CALL FOR APPLICATIONS FOR SMALL SIZED MILLING PLANTS (HAMMER MILLS), AGRICULTURAL MECHANIZATION, IRRIGATION SYSTEM SUPPORT & ENERGY (SOLAR EQUIPMENT & GENSETS) LOANS

PROPOSALS TO UNDERTAKE BUSINESS INVESTMENTS WITH FUNDING FROM THE CITIZENS ECONOMIC EMPOWERMENT FUND (CEEF) FOR THE YEAR 2024

To address the adverse economic impact of the drought, the Citizens Economic Empowerment Commission (CEEC) is hereby inviting targeted citizens and business-oriented groups such as Associations, Clubs and Cooperatives to apply for the following affordable and easily accessible loan empowerment products:

  1. Small Sized Milling Plants (Hammer Mills),
  2. Agricultural Mechanization for small Agricultural Equipment
  3. Irrigation System Support
  4. Energy (Solar Equipment and Gensets)

Advertised Empowerment Loan Products for 2024

S/NLoan ProductLoan Product SpecificationLoan ThresholdLoan Conditions
1Agricultural Mechanization &  Irrigation System SupportFor Solar Irrigation System Support not exceeding 5 hectares land size. Agricultural Mechanization Support for Small Agricultural equipmentEach Loan Product   not exceeding K1,000,000 (including working capital)Maximum 5 years loan tenure at 12% interest rate per annum
2Energy (Solar Equipment & Gensets)Load Shedding Mitigation SolutionsNot exceeding K500,000 (including working capital)Maximum 5 years loan tenure at 12% interest rate per annum
3Small Sized Milling Plants (Hammer Mills)Technical specifications of the Hammer Mill include 16HP Water Cooled Diesel Engine, Gravity Type and 450Kg/Hr. Specialized in Maize, Cassava, Millet, Sorghum and Rice processing.Not exceeding K100,000 (including working capital)Maximum 3 years loan tenure at 8% interest rate per annum (Only for groups in Rural Districts/Communities)

APPLICATION PROCESS

  1. Application forms can be accessed for FREE via www.ceec.org.zm, CEEC Provincial Offices and District Commissioners’ Offices countrywide.
  2.  All duly completed application forms should be submitted at the nearest CEEC Provincial Offices for processing.
  3. Applicants with active CEEC loans are NOT ELIGIBLE to apply for these advertised Empowerment Products until they repay their loan(s) fully.
  4. Applicants must provide an active bank account.
  • Applications from people living with disabilities MUST be submitted through the Zambia Agency for Persons with Disabilities (ZAPD).
  • Applications that do not follow the stated format will NOT BE ACCEPTED.
  • The applications will be assessed on a rolling basis.

DEADLINE: 14th May 2024.

DOWNLOAD FORMS HERE

  • Small Milling Plan Form
  • Energy Solar Equipment – Gensets
  • Agricultural Mechanization – Irrigation System Support
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