Local time: Tuesday, 13 August 2013 01:11:47hrs
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PLOT AND LOAN ACQUISITION
SERVICE DESCRIPTION

 Provide loans and plots to low income and middle income lower group.

WHO QUALIFIES?

  •          Be a citizen of Botswana with a valid ID (Omang)
  •        Age 21 to 60 years
  •           Earning  P 4 400 to P 36 400 per annum( if married spouse income taken in to consideration)
  •         Formally employed or legitimately self employed in the town which the application is lodged
  •         Spouse must not own any residential plot or house in any designated area where SHHA program is in operation.
  •          Requires Surety guarantee( loan)
  •         Pensioner
  •         An individual who has sold a SHHA plot will not be allowed to register on the waiting list for a period of 5 years.
  •         If any applicant marries a spouse who is a registered owner of a plot, whether or not it is developed, prior to council allocating him/her a plot, applicant must withdraw his/her name from the waiting list.

HOW DO I APPLY FOR THIS SERVICE?

a)      FOR A PLOT

Complete and Submit Verification of employment form (whichever is applicable)     together with the following documents to Selepa SHHA Office:-

  •          Two passport size photos
  •          Certified copy of ID (Omang)
  •         ( if married submit ID for the spouse)
  •         Current pay slip/s (original)

 

ALLOCATION OF PLOT

On allocation of plot, an allottee is to pay 10% deposit for plot purchase price

Prices differ according to plot size.

b) FOR SHHA LOAN (IMPROVEMENT OF A HOUSE)

Contact the nearest SHHA ward office

To qualify one need to have the following

Maximum loan amount is P45, 000.00

  •         Submit approved plan
  •        Plot certificate
  •          Quotation of building material and  labour
  •         Loan to be payable in twenty (20) years with zero % interest

 

     TOP UP LOAN

Previous Maximum loan amount P20, 000.00

Top previous loan to P45, 000.00 maximum

  •          Submit approved plan
  •          Plot certificate
  •         Quotation of building material and  labour

 

d)     TURN KEY LOAN ( P 60, 000.00 )

 

  •        Own an undeveloped SHHA plot with plot certificate/ offer letter
  •         Council build a house for the beneficiary
  •       Turn key plan is standard
  •          Loan is to be repaid with monthly installments of P 250.00 for twenty (20) years with zero % interest

COST INVOLVED

Provision of service is free

WHERE CAN I GET THE INFORMATION?

Customers can acquire information on SHHA program services from the following SHHA WARD OFFICES

SELEPA                           2402030

PHASE IV                                    2414349/2411050 EXT.822

TATITOWN                     2404761

MONARCH                     2403027/2411050 EXT.992

SOMERSET EAST          2411050 EXT.821 / 943

GERALD                         2441605 / 606

PUBLIC RELATIONS OFFICE, OFFICE NUMBER 833

TOLL FREE NUMBER  0800-600-242

FAX                                  2412427

 

 

 

 

 

 

 

 

 

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