Call for Application – How to Apply for Bonno Home Improvement Loan Scheme. The Bonno Home Improvement Loan Scheme encompasses a variety of housing schemes tailored to meet the diverse needs of the Botswana population, including: Bonno National Housing Programme (BNHP) , Bonno Turnkey Development Loan Scheme, Bonno D4 Scale and below or Equivalent Housing Loan Scheme and others which are still being revamped.
Also Read: How to Apply for BONNO Turnkey Development Loan Scheme Application
Aimed at completing, improving and renovating existing homes to improve their quality and liveability, thereby reducing the overall housing deficit.
Bonno Home Improvement Scheme Terms
i. Maximum loan: P 60,000.00. The applicant may apply for a lesser amount depending on the outstanding work.
Also Read: How to Apply for Botswana BONNO National Housing Programme (BNHP)
ii. Maximum Repayment period: 20 years at 0% interest.
iii. Minimum loan instalment is P250.00 per month.
iv. Default penalty: 10% interest on overdue payments.
How to Apply
Where or how application will be done is yet to be announced. Kindly wait for application forms.