Businesses and business owners in Zambia and across the world are facing unprecedented economic challenges brought about by Covid-19. Most small and medium businesses are facing a significant decline in revenue, which means they cannot meet their financial obligations. Financial support during this crucial period can make the difference between a company staying afloat or closing permanently.
Thanks to Prospero, small and medium businesses in Zambia now have a lifeline.
We are offering concessional funding to qualifying small and medium businesses who have experienced hardship under the current Covid-19 pandemic and other economic headwinds. The five-year facility will support businesses with a combination of capital, and grant-funded Technical Assistance, to help them navigate the crisis.
Business Partners International Zambia Limited, which has been actively supporting and funding SMEs in Zambia since 2014, has been selected as Investment Advisor for the Prospero Debt Facility on behalf of Prospero Zambia.