Micro Group Loans for Small Businesses.

Specifically tailored to micro and small traders, especially women in need of immediate working capital to shore up the liquidity of their businesses and increase profitability.

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Made for

Micro enterprises, retail traders etc.

This loan addresses the needs of micro and small scale businesses, particularly in the rural and sub-urban areas. The product serves the needs of petty traders, especially women, who are engaged in fast-moving, income generating activities and need to expand their micro and small businesses.

This loan requires the women to be in groups of between 5 - 25 members, and must cross-guarantee themselves.

The loan amount ranges from: N30,000 to N200,000 at 4% flat interest rate monthly subject to a maximum of 20 weeks, and 1 week moratorium.

Product Features

list-icon 4% Flat Monthly Rate
list-icon Tenor is subject to 5 months maximum
list-icon Loan amount is between N30,000 & N200,000 Naira per individual
list-icon Repayment is on weekly basis
list-icon Simple & stress-free loan documentation.
list-icon No hidden / ridiculous fees.

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