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
- Facility range: N300, 000 to N1,000,000
- Methodology: Individual
- Duration: Flexible
- Grace period: 30 days
Benefits
- No collateral
- Access to a higher loan to fund your business enterprises
- Training on basic financial management, business planning and customer relations
- 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
Group loan for medium-scale farmers and non-farmers within the Agricultural Value Chain (AVC) to enhance production.
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Regular Loan
Group loan for micro business owners in agro-allied and non –agro allied businesses.
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Asset Loan
Loan for acquiring productive assets, available to individuals and groups, including walk-in-clients.
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SME Loan
SME Loan for small and medium-sized enterprises (SMEs) to access larger credit facilities.
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