Tel No. +234 (0) 70024894283, 1-2932339


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Group Loan

Tenure: Max 6 months

This loan facility is meant for members of established groups, association and cooperative. It helps those associations/unions to bridge their financial gaps

Features and Benefit:

  • Recognised groups are all allowed to participate
  • Minimum of 5 members allowed
  • Members must belong to the same association
  • Weekly loan repayment
  • Corporate guarantee of association/union executives before loan is granted
  • Dedicated loan officers
  • Flexible collateral requirement
  • Access within 3 weeks after completion of application and documentations