NAMFISA Licensing & Compliance Namibia | Chrimson Consultants
NAMFISA registration for microlenders, insurers and NBFIs in Namibia. Compliance manual, application support. Windhoek-based. Call +264 81 712 1176.
What is NAMFISA Compliance in Namibia?
The Namibia Financial Institutions Supervisory Authority (NAMFISA) regulates non-banking financial institutions. If you intend to lend money, offer insurance, or manage pension funds, you must be registered with NAMFISA. Operating without a license is illegal and carries heavy penalties under the Microlending Act.
Who is this service for?
- Microlenders and cash loan businesses
- Insurance brokers and agents
- Pension fund administrators
- Friendly societies
Key advantages
- Legal operation — avoid shutdown or fines
- Credibility — NAMFISA registration signals trust to borrowers
- Dispute resolution — access to formal debt recovery channels
Requirements
- Company Registration Documents (Pty Ltd or CC)
- Police Clearance Certificates for all key individuals
- Business Plan and Financial Projections
- Compliance Manual (anti-money laundering policies)
- Bank Account confirmation
Ongoing compliance obligations
Quarterly levy returns and adherence to the Microlending Act. You must treat customers fairly and adhere to regulated interest rate caps.
Frequently asked questions
How do I get a microlending license in Namibia?
You must register your company (Pty Ltd or CC), then apply to NAMFISA with a business plan, compliance manual, police clearances, and bank confirmation. Chrimson provides the complete compliance pack.
How long does NAMFISA registration take?
NAMFISA registration typically takes 3–6 months depending on the completeness of your application. A properly prepared compliance pack significantly reduces delays.
What interest rates can microlenders charge in Namibia?
The Microlending Act caps interest rates for microlenders. Current rates are regulated by NAMFISA and must be disclosed to borrowers before lending.
Related topics
- NAMFISA registration Namibia
- microlender license Namibia
- NAMFISA compliance Windhoek
- microlending licence Namibia
Ready to register your business in Namibia?
Chrimson Consultants provides end-to-end namfisa compliance services in Namibia. Get in touch today.