Call Us: +2348153615704

6 Osifo Street, Opp. Guinness Nig.

Find a Branch

Join a group!
Apply for our Regular Loan.

This loan product is designed to operate on a group (unions) methodology.

Regular Loan

This is designed for petty traders and micro business owners. This loan operates on a group(Unions) methodology.
a union is a group of self-selected like-minded individuals who form themselves for the purpose of assessing standard life services

Read More

Features

  • Facility range: N30,000 (minimum) to N100,000 (maximum) for beginners
  • Methodology: Individual lending but group liability
  • Duration: 6 Months(24 weeks)
  • Repayment Frequency: Weekly
  • Grace Period: 14 days

Basic Selection Criteria

  • Micro/Small business owners( more of women)
  • Willingness to join a group
  • Willingness to attend group meetings weekly
  • Willingness to use loan for income generating activities
  • Must be a registered member(s) of SLO

Benefits to Clients

  • Low interest rate
  • No Collateral
  • Flexibility of repayments
  • Transparency, no hidden charges

You may also be interested in:

Midterm Loan

This loan is design to meet the capital need of an already existing client whose curent loan has droped due to the weekly repayments and need a top up as a back.

Learn More

Medium Enterprise Development Loan

This loan is design to meet the capital needs of Medium Scale Enterpreneur who require more fund for business expansion and sustainability.

Learn More

Assest Loan

Asset loan is specifically design for members who need loans for income generating property purchase

Learn More