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.
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