Product

DO YOU NEED LOAN FOR

fghjkl

School Loan

Product Details

Characteristics

  • Loans up to N2 million for small projects in the school
  • Pay back in easy monthly instalments over 36 Months.
  • Convenient doorstep service.
  • Wide range of acceptable collaterals
  • Fast processing and simple documentation
  • Loan disbursement through NIP

Eligibility

  • Registered/Unregistered by State Education Board
  • Minimum student enrolment of 200.
  • School must be 3 years old and above.
  • Proven ability to pay the EMI
  • Must be a full registered financial member of Association e.g. AFED

Purpose

  • Purchase of Land & Building for School
  • Construction of Building
  • Renovation of Building and existing infrastructure
  • Purchase of Furniture & Equipment
  • Purchase of Hardware and Software contents

Documentation

  • Duly filled in Application form.
  • KYC Documents –ID and Residence proof of applicant and co-applicants.
  • Latest 6 months Banks statement of school and applicant.
  • Copy of School Registration Certificate.
  • Proof of Association membership.

OUR TRUSTED PARTNER

Our endeavor is to be a school’s most valuable and long-term partner as it grows and improves to reach its full potential. We accomplish this by being agile, responsive and supportive while ensuring minimal disruption in the school’s daily routine.