Finance your Project with us
Requirements
To have one’s project financed through international loan facilities is quite demanding in terms of documentation. Documentation is key as lenders may not be first moved on how great the project title sounds. Though no pitching is needed, one must have a few things in place, being the requirements always demanded.
- Documentations: These can be basic project write-ups accompanied by a good business plan, a feasibility study, government-issued documents such as registration certificates, licenses, property ownership, awards letters, drawings or designs, audited reports, off-taker agreements, awards contracts, geological reports for those in mining, etc.
- Proof of securities: These may be bank instruments, proof of funds showing capacity for one to pay for lending fees and charges.
- Identification: These are complete customer information sheets ( CIS), Know Your Customer (KYC)... all demonstrating the business or company's ownership, banking details, and borrowers legal identity (copies of passport(s) of the borrower's lead (s)
Procedures
Projects that are accepted under our financing system must adhere to our set procedures and before a financing agreement is finally concluded, some steps might have been completed with no compromise.
STEP BY STEP APPLICATION OUTLINED
- Application and submission of letter of Intent (LOI): This is the starting point and a client must clearly state what is needed, what is available on the ground, and what is missing. In the application, we need to see what the project entails, who is behind it, how much is involved, and how relevant the project is to the nation and society. We always want to see the capacity of the borrower to pay back.
- Our feedback: We review submissions and if approved, a term sheet indicating our financing conditions and terms is shared with the borrower and if the client agrees to the terms in writing, we start preparing the loan agreement contract while documentation and securities are scrutinized. After due diligence on both sides and upon submission of all requirements, the loan agreement is signed (In person or virtually) and duly notarized. Upon receipt of all payments required, the loan disbursement starts as agreed upon.
- Monitoring and ground visits: Depending on the loan type sought and the nature of the project, there may be ground visits by our officials in line with our policy to ensure good utilization of the funds contracted.
key investment sectors
ADIL intervenes in unlimited number of areas but much attention is given to specific areas and sectors. These are areas easily financed by our financing systems despite the fact that, any other one can be considered upon presenting good projects falling within set parameters.
Mining
The mining industry is the easily financed sector by our programs simply because it has immediate returns due to its ready market and low risks upon production.
Infrastructural Development
Governments and some social institutions such as churches, universities, and other educational institutions may need to improve or expand infrastructures, ( Roads, public infrastructures, hostels, staff lodging, etc.)
Farming
Farming can also be an interesting sector if the project is well-designed with well-laid down market segmentation. This is mostly for export commodities when in some instances there are off-takers agreements reached and proven ready markets.
Real Estate and construction
Developers who establish social housing to offer accommodation or put up structures to offer contracted accommodation or housing for sale to a ready market are considered for our loan programs
Manufacturing and industry
Manufacturing industries with well-segmented markets are considered for loans. These are industries seeking to expand production and establish transformation and value-addition components to their products to enhance markets.
Transportation, travel and tourism industry
Transportation industry has great investment potentials if well designed and entrepreneurs demonstrating a good business plan in the transportation industry, being aerial , maritime or terrestrial are considered for the loan.
Importers and exporters businesses
ADIL offers loan facilities to those into accept commodity exports and imports. These are businesses with contracts to supply their customers or export their goods to their foreign customers. This is a service that is in line with ADIL’s ideals to foster easy trade and commerce in Africa.
Banking, Microfinance, financial institutions
Banks, Microfinance and other relevant financial institutions are funded to recapitalize their operations. Upon presenting a loan request supported with good documentations, we usually consider them
Ongoing Projects
A private company won the project to construct an Omni-sport stadium and road construction in Equatorial Guinea and ADIL is facilitating the funding of this project.
Mining project
Two Burundian mining companies are being assisted to acquire all necessary funding to revolutionize the mining sector in Burundi. These companies will install modern mining sites and modern equipment to increase production and offer jobs to as many youths as possible in the mining sector
Cement Factory construction
A Ghanaian Company is embarking on cement factory construction and is being assisted by ADIL to secure all necessary funding to establish the factory and complement the existing efforts in the country to increase availability, hence affordability of cement products.