Individual Loan
Loan for small and medium-sized enterprises (SMEs) to access larger credit facilities.
Individual Loan gives commercial farmers who are into tree crops like oil palm, cocoa, cashew, etc. access to credit facilities. Loan amounts range from N300,000 to N1,000,000, with a 3% monthly service charge. The loan term is flexible, and repayment is structured in equal monthly installments over the agreed period
Features
- Loan size: ₦300,000 to ₦1,000,000
- 3% monthly service charge
- Repayment in equal monthly installments over the loan term
- Flexible duration
- 30-day grace period
Benefits
- No collateral required
- Extension services
- Flexible loan term
- Flexible loan term
- Expert financial advice available
Documentation
- Duly completed application form
- 2 guarantor
- 4 recent passports-size photograph with white background
- A valid means of ID (national ID, driver’s license, voter’s card or international passport)
Explore other loan options
Agricultural Loan
This product is group loan for medium scale farmers designed to enhance their production…
read more
Regular Loan
Product Description: Group loan for micro business owners in agro-allied and non –agro allied businesses.
read more
Asset Loan
Loan for acquiring productive assets, available to individuals and groups, including walk - in- clients
read more
SME Loan
TLoan for small and medium-sized enterprises (SMEs) to access larger credit facilities.
read more
