SMALL & MEDIUM SCALE LOAN
This product is targeted at small and medium scale entrepreneurs who require relatively large fund to operate their business.
- Loan is disbursed to individual small or medium scale entrepreneurs.
- Security includes:- Shop allocation or registered market.
- Loan amount is from ₦200,000-₦500,000.
- Tenure is ten months.
- Repayment is weekly/monthly.
- The client must have serviced his account for not less than 3 months.
- Landed Property .
- Account must be serviced for a period of 1 month and two weeks .