Namibia has a system in place called the “bond system” that allows people to qualify for loans. This system is designed to help people get access to credit, so they can improve their standard of living. The amount of money that you can qualify for will depend on your income and assets.

Namibia has a system called the “bond system” that allows people to qualify for loans

This system is designed to help people who may not have access to traditional banking systems. The bond system works by allowing people to put up collateral, in the form of property or assets, in order to get a loan from the government. The amount of money that you can qualify for will depend on several factors, including the value of your collateral and your income.

The system is designed to help people improve their standard of living by getting access to credit

This means that if you are a resident of Namibia and you have a low income, you may still qualify for a bond. The amount that you can qualify for will depend on your income and other factors, but the system is designed to help as many people as possible get access to the money they need.

The amount of money you can qualify for will depend on your income and assets

If you’re employed, lenders will usually inspect your payslips to determine how much they’re willing to lend you. They’ll also assess any other Sources of income, such as investments or rental properties. As far as assets are concerned, your home equity can play a big role in securing a loan.