IDCE is a development financier which was set up to finance the industrialisation of the Eswatini economy. IDCE has several products designed to meet the needs of customers. Follow this link to see more on our products View Products
IDCE does not offer personal loans. Funding is targeted to registered business/registered sole traders.
Businesses which are illegal according to the laws of Eswatini, residential projects, as well as liquor businesses.
An application to IDCE can be made in two ways.
IDCE Office
5th Floor, Dlanubeka Building
Mbabane
Tel: 2404 3393/2404 4010
WhatsApp: 762209989
No. IDCE funds businesses and commercial projects.
Yes, IDCE does require collateral. The value of the collateral must be equal to more than the loan.
IDCE funding is designed to suite the uniqueness of the business and since no two projects are alike, there is no standard interest rate. Interest rates at IDCE range between 15% and 20%.
Yes. The company should be registered in Eswatini and must have a local shareholding at least 55 %
IDCE is a Development Finance Institution (DFI) which means that it invests funds to profitable businesses with the underlying aim to promote the development of a country. Both DFI’s and banks fall under the wide umbrella of financial institutions. Banks on the other hand are deposit taking organizations that lend out money.