MauBank ElleBoost
Dedicated financing with preferential terms for women-led businesses
My dashboardDedicated financing with preferential terms for women-led businesses
At a glance
MauBank's financing package built specifically for women entrepreneurs, sitting alongside SME LokalBoost. It offers similar facilities, term loans, working capital tools and leasing, with preferential terms for women-led businesses. The exact preferential rates and conditions are not fully published, so confirm the current terms directly with MauBank before comparing offers.
ElleBoost is MauBank's financing package designed specifically for women entrepreneurs. It is the sister product to SME LokalBoost, so you get the same style of one-stop toolbox, term loans for investment, working capital facilities and leasing, but packaged with preferential terms because the business is women-led. If you are a woman running or starting a business in Mauritius, this is the MauBank door to knock on first.
The facilities mirror the LokalBoost structure, which includes a term loan, import and revolving loans, bill discounting, an overdraft, equipment and vehicle leasing and a business credit card. The exact preferential rates and limits for ElleBoost are not fully published on MauBank's website, so treat the LokalBoost figures, such as term loans up to Rs 10,000,000 over up to 10 years, as the reference point and ask MauBank what improvement ElleBoost gives you on rate, fees or contribution.
The package is for women-led businesses operated by Mauritian citizens or residents. In practice that means the business is owned or controlled by a woman, and MauBank will still apply normal credit assessment: registered business, credible purpose for the money, and accounts or bank statements to back it up.
To apply, go to any MauBank branch or start from the SME section of maubank.mu, and ask an SME relationship officer specifically about ElleBoost. Bring your business registration card, financials or bank statements, and details of what you want to finance. It is worth asking the officer to put the ElleBoost terms and the standard LokalBoost terms side by side so you can see exactly what the women-entrepreneur advantage is worth.
Watch out for this
Watch out for the fact that the preferential terms are not published in detail. Do not assume the discount, get the actual rate, fees and security requirements in writing from MauBank and compare them against LokalBoost and other banks before you sign. If the ElleBoost advantage turns out to be small for your situation, you lose nothing by negotiating or choosing the standard package instead.
Visit any MauBank branch or the MauBank SME pages on maubank.mu and ask an SME relationship officer specifically about the ElleBoost package for women entrepreneurs.
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