Code Named – Trust-Osusu

The product is targeted at members/ customers who are traders in key market locations; majorly to serve as working capital.

The catchment market locations are as follows:

Orhuwhorun market; Mofor market; Jigbale market; Udu market; Bogo market; DSC Market and all other village markets and shopping centers in Udu and Environs.

Terms and Conditions

  • The borrower must have been in business for a minimum of 6 months.
  • Evidence of ownership of shop or at least unexpired six (6) month rent/tenancy/lease of business location.
  • The borrower must have been in relationship with TradeGrowth-Support for at least one month prior to facility request.
  • The borrower is trading within the various designated market locations above, for ease of monitoring and collections.
  • The borrower sells fast-moving, non-perishable and non-specialized consumer items.
  • Undertakings to make daily cash deposits from sales proceeds to TradeGrowth-Support account officers, towards offsetting loan.
  • Borrower cash conversion cycle is not more that 2 weeks.
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