Access to credit facilities thanks to our partnership with Equity BCDC Bank – the credit available depends on the size and sector of your business. Numerous larger businesses have to this day benefited from this programme with loans of up to $200,000.
The monthly interest rate is set at 0.8% of the outstanding amount and repayment is carried out through electricity top ups (for each electricity purchase, a part of the payment goes towards the repayment of the loan and the remainder goes towards electricty at the rate agree in advance between Virunga Development and the client).
The connection charges are negotiated and fixed on a case-by-case basis depending on:
Materials necessary for the connection to be put in place;
The quantity of electricity required;
The location of the business relative to the electricity source.