This facility is specially designed for individuals, groups/associations and enterprise, to enable them acquire working tools, equipment and facilities such as sewing machines, dryers, grinding machine, tricycle, cooling boxes, buses etc. for daily use to generate income.
Invoice indicating the cost of asset.
30% contribution of the cost of asset.
4% monthly interest rate.
Maximum tenor of six months.
Two credible guarantors.
Repayment is structured daily, weekly or monthly