Micro Loan
Requirement
- Duly completed account – opening form
- 2 Passport – sized photographs of the account holders and Parent/Guardian
- Satisfactory evidence of identity(Driver’s License, National ID, Voter’s Card, Sworn Affidavit, Int. Passport, Tax Clearance)
- Completed Reference Forms
- Utility Bills
- Indemnity Letter
Features
- Potential client must have a shop and be at point of sale for at least 2 years
- Loan amount (N500,000 below)
- 2 guarantors Required
- Stock freeze down
- Tenor 3-6 months
