REGULAR LOAN.

This product is group loan for micro business men and women who are into agro allied business.

Regular Loan

This product is group loan for micro business men and women who are into agro allied business. The loan size ranges from N50,000 to N150, 000 and has a 3% monthly service charge. Repayment is made in equal monthly instalments over the loan.

Features

  • Facility range: N100,000 to N150,000 for first stage loan
  • Methodology: Group
  • Duration: 8 Months
  • Grace period: 30days

Benefits

  • No collateral
  • Provides capital for busuness activities
  • Flexible loan term
  • Low interest rate
  • Expert financial advice available

Documentation

  • Duly completed application form
  • 1 guarantors
  • 4 recent passports-size photograph with white background
  • A valid means of ID (national ID, driver’s license, voter’s card or international passport)

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LAPO Rural Development Initiative (LARDI) is designed to promote household livelihood activities towards improving the conditions of living of low-income households in rural communities

Need Financial Empowerment? Contact Us: 0905-949-2981