Responsible Fund

  • Each application is evaluated individually

  • An eligibility letter will be issued to complete the application

  • A repayment capacity assessment is conducted to determine payment terms

  • Term loan financing

  • Financial assistance of up to $150,000

  • Interest rate is based on overall business performance (including sustainable development) and collateral may be required

  • The interest rate cannot be lower than the prevailing rate set by a lender for a similar loan

  • 1% management fee on the disbursed loan

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