Call Us: +2348153615704

6 Osifo Street, Opp. Guinness Nig.

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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

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  • 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

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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.

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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.

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Assest Loan

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

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