Individual Loans
This loan is structured to meet the individual working capital needs of microentrepreneurs to enable them generate additional income, build assets and become self-reliant on a bigger scale.
The individual loan gives clients who desire a larger amount and more flexible loan tenor the avenue to access between ₦200,000.00 to ₦3,000,000.00 to meet their working capital needs. The Individual Loan has a 2.5% service charge per month, and repayment is made in equal monthly installments over a maximum of 12 months loan term. This product is also available to walk-in clients in any of the Grooming Centre’s branches across the country.