This is a loan product designed for individuals with economically viable businesses such as business owners, artisans and traders. It helps individuals get working capital for their daily business needs. The facility ranges from N10,000 to N1,000,000.
Salary Backed Loans
This is a loan product for employed individuals with regular monthly salaries. It is available to both individuals and groups of up to five people. Individuals can access up to N1,000,000, and groups can access up to N5,000,000 for a flexible repayment period of up to 12 months.
This is a loan product for employed individuals with regular monthly salaries for a period of one month. It helps bridge the funding gap for employees for urgent personal needs with repayment tied to their monthly income.
Save and Borrow
This is a short term loan facility through which individuals can both request for loans and save. It is a good way by which individuals can fund income generating activities.
This product is designed to address the working capital needs of Small and Medium Scale Enterprises. It helps bridge the funding gap for various needs of SMEs and support the acquisition of assets.
Asset Finance/ Replacement
This product is designed to finance the purchase or replacement of assets. Traders and SMEs are able to spread the payments for a period of up to 12 months.
Local Purchase Order (LPO)
This is a short-term loan facility through which SMEs can finance major job supplies. SMEs are able to spread the payments for a period of time.