Microfinance Scheme

Target Industry:



The Hong Kong Mortgage Corporation Limited ("HKMC") launched the Microfinance Scheme ("the Scheme") in collaboration with banks and non-governmental organisations ("NGOs") in June 2012. The Scheme aims to offer Micro Business Start-up loan and Self-employment loan to assist people who wish to start their own businesses and become self-employed. The Scheme will provide supporting services including mentorship and entrepreneurial training to business starters and self-employed persons on a need basis in order to enhance their ability in running business and also help them to resolve problems in their daily business operations


1) Individual aged 18 or above and holder of Hong Kong Identity Card (with the right of abode, right to land or right to stay in Hong Kong without restrictions) or a One-way Permit

2) Not subject to any bankruptcy order or proceedings at the time of application

3) Business may be conducted in the form of sole-proprietorship, partnership or limited company incorporated in Hong Kong

4) If the business is owned by more than one person, all partners and business owners must be co-borrowers (The maximum number of borrowers is three)

* Micro Business Start-up loan:For the purpose of establishing a new business or conducting an existing business which has been established for less than 5 years (counting from the date of the first business registration)

^ Self-employment loan:For conducting a self-employment business

Support/Funding Details:

a) Micro Business Start-up loan: Aims to assist people who wish to start their own businesses, the maximum loan amount is HK$300,000

b) Self-employment loan: Aims to assist people who wish to become self-employed, the maximum loan amount is HK$300,000

* Interest Rate: Not higher than 9% per annum or 8% per annum if a satisfactory third-party guarantee is provided

** Loan Tenor: 1 year, 2 years, 3 years, 4 years or 5 years

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