The Development Bank of Namibia provides finance for viable enterprises and sustainable initiatives that contribute measurably to the development of Namibia.

dbn activities

Guided by the conviction that our successes are resources for future generations, we take the long term view, and provide finance for enterprises and initiatives that will make a difference for years to come.

Microfinance involves the provision of financial services, such as micro credit, micro savings, micro leasing, micro franchising, and micro insurance to economically marginalised communicaties. The idea behind microfinance is to provide the poor with access to those financial services which they are otherwise unable to access, with the aim of reducing poverty.

DBN is to be an apex wholesaler to Namibian Microfinance Institutions (MFIS) and programmes that offer a range of financial services with the aim of facilitating their development into financially sustainable entities. DBN support for Microfinance is not intended for pawnbrokers, moneylenders, landlords and loan sharks, usually charging extortionate sums of money, which often shades into repossessions and vicious cycles of increasing debtedness and increasing impoverishment.

Sector identification

  • A wide range of flexible appropriate financial services tailored to the preferences & needs of the poor
  • Able to contribute to ongoing social returns only when providers are sustainable.
  • Successfully provided by a variety of institutions
  • Not just micro credit - the poor require a broad variety of financial services
  • Not a short term or one time exercise to solve a multi- dimensional problem.


  • A Microfinance project or Microfinance Institution offering financial services to Namibian clients is eligible to receive support from DBN.
  • Major emphasis is put on a project's critical operational aspects as well as its experience in the development and application of successful technologies in its financial services offerings, as is the quality of its portfolio, its profitability and its capacity to be sustainable.
  • Priority will be given to MFIs or MF project that orient their services, on market terms towards the population that suffers from financial exclusion.
  • The project or MFI should be under the control and prudential supervision of an appropriate supervisory authority (or in the process obtaining such status).
  • Priority will also be given to MF projects that demonstrate a commitment to achieving financial sustainability as well as operational efficiency to guarantee their stability and permanence in the market.
  • Equally important is the willingness by prospective MFIs or MF projects to consider deposit mobilisation as soon as they can obtain authorisation from supervisory authorities.

Micro enterprises

  • Group and Individual micro-loans
  • Bundled Loan Insurance
  • Leasing and factoring
  • Insurance
  • Renewable Energy Technologies

Financing options

  • DBN offers a wide range of financial mechanisms such as lines of credit, subordinated loans, preference shares and equity investments.
  • DBN works jointly with each MFIs or MF project to structure any kind of financial support which best meets the specific needs of the MFI or MF project.
  • Co-financing where feasible, with national, regional and international bodies is encouraged.
  • Donor and Investment Consortia - N$ 1 from DBN for every N$ 3 from elsewhere.


  • Cession of loan book
  • Determined on a project basis taking into account risks involved and credit rating score assigned.

Minimum amount

N$ 5,000,000

Repayment period

Maximum 20 years

Interest rate

Interest rates will be based on the level of risk, security provided, DBN's cost of capital and will be adjusted for developmental impact and outreach as per DBN's lending policy.

Grace period

Minimum of six months