Home Loans
Loan products
Three products for three stages of growth — from a market stall to a registered SME or a whole cooperative.
Indicative figures
9%per year
Micro Enterprise Loan
₦50,000 – ₦500,000
Repay over 6–12 months
- For traders, artisans and service providers
- Guarantor-backed, no collateral
- 1-month moratorium
9%per year
Most requested
SME Growth Loan
₦500,000 – ₦5,000,000
Repay over 12–24 months
- For CAC-registered businesses
- Working capital or equipment
- Up to 3-month moratorium
7%per year
Cooperative Group Loan
₦500,000 – ₦10,000,000
Repay over 12–18 months
- For registered cooperatives
- Joint group guarantee
- Allocated per member
Eligibility
General requirements
- Business located and operating in Osun State
- Valid BVN and NIN for owner/signatories
- Business in operation for at least 6 months
- Active business bank account
- No outstanding defaulted loan with the Agency
Documents to prepare
- Valid government ID and passport photograph
- CAC certificate (SMEs) or cooperative registration certificate
- 6 months' bank statement
- Guarantor form (or group guarantee for cooperatives)
- Simple business plan or proforma invoice for equipment
Not sure which loan fits?
Compare monthly repayments for each product before you apply.