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  The LSETF is offering low-interest loans to empower entrepreneurs in Lagos State and address the challenge of unemployment in the Nigerian commercial capital.
Read more about Grants
These Low-Interest Loans are aimed at helping small and medium enterprises grow and sustain their businesses in Nigeria’s harsh economic climate, which has seen inflation rise by over 30%. The interest rate for the loan is 9%.
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To be eligible for the loan

  • The applicant must be based in Lagos State.
  • The applicant must demonstrate willingness to pay the loan and a 9% interest rate at the stipulated period.
  • Your business must be legally registered.
  • The applicant must not be involved in illegalities and obey labour rules and regulations.
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Some of the benefits of the program include

  • It is an opportunity to scale up operations for your business.
  • The interest rate is low.
The deadline for applications is yet to be specified. Click HERE to apply.
Featured Image Source: BusinessTrumpet News
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This article was first published on 5th September 2024

ugo-chinedu

I am a Lion, I love to hit heights that seem impossible so I can motivate others and prove doubters wrong. For me, impossible is nothing. I'm open to learning and I love to read, travel and meet new faces.

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