Code Named – Group Loan

Group loans is a lending package that helps small business owners access loan at very cheap rate with a long repayment period and very little weekly installments to enable the trader pay back the loan without causing stress to them or their businesses.

A group is made up of 5 to 10 petty traders who’s businesses are located at or around the same market environment.

Terms and Conditions

  1. All group members must have a physical business (i.e. must have a shop that is functioning as all group loans are business related) and must be located in the same market place.
  2. A non-refundable registration fee of 1000 naira only.
  3. Means of identification (National ID, Voter’s Card, Driving License, International Passport, BVN).
  4. Correct Address and Phone Number.
  5. Spouse Name, Phone Number and Address.
  6. Security Deposit.

View our general rules and regulations

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