African Diaspora Central Bank

Stimulus Package for Business

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Stilimus Package

A unique financial initiative designed to empower and support businesses and corporations that are deeply integrated with African economies. Our package offers a line of credit that is tailored to enhance the growth and sustainability of businesses that prioritize local resources and contribute to the economic development of the continent.

Key Features of the Stilimus Package

  • Line of Credit: Businesses can access a line of credit amounting to 100% of their sales recorded in 2019. This substantial financial support is designed to bolster your business’s operational and growth needs.
  • Interest Rate: We are pleased to offer this line of credit at an interest rate of 0%. Our goal is to support your business’s growth without the added burden of interest.
  • Duration: The credit facility is extended for a period of 3 years, giving your business ample time to utilize the funds effectively and achieve sustainable growth.

Eligibility Criteria

  • African Product Supplier Base: To qualify for the Stilimus Package, your business must source at least 90% of its raw materials or products from African suppliers. This criterion is in line with our commitment to supporting the African economy and its local businesses.
  • African Product Supplier Base: To qualify for the Stilimus Package, your business must source at least 90% of its raw materials or products from African suppliers. This criterion is in line with our commitment to supporting the African economy and its local businesses.
  • LUMI Payment System: Eligible businesses must accept LUMI as a mode of payment. This requirement is aimed at promoting innovative, Africa-centric payment solutions.
  • Integration of LUMI: It is essential for businesses to fully integrate LUMI into their business framework. This integration signifies your commitment to leveraging African financial technology and systems.
  • Swifin/HanePay ID: Only businesses that possess a Swifin/HanePay ID will be able to access this facility. This ID is a testament to your business’s alignment with modern, digital financial platforms that are instrumental in Africa’s economic landscape.

The Stilimus Package is more than just a financial resource; it is a partnership towards a prosperous and self-sustaining African economy. We invite businesses that share our vision and meet these criteria to apply and join us in this exciting journey of growth and development.