General Micro Loans

Purpose Term  Loan Size Access Requirement Interest Rate Collateral

Purpose

Petty Traders, Food Vendors, Fish Mongers, Hairdressers, Table to groceries sellers etc

 

 

Term 

Up - 12 months

 

 

Loan Size

Depending on applicant’s capacity and business operations

Access Requirement

  • Must Have an existing business
  • Proof of Residence
  • Proof of Business Ownership
  • Proof of Bank Account (Current Account)
  • Proof of ID (Voter, Passport & Driver’s License)

Interest Rate

Competitive

 

 

Collateral

  • 2 Personal Guarantor (Individual)
  • Post- dated  Cheques
  • Credit Life Policy