- Facility range: N20,000 (minimum) to N400,000 (maximum)
- Methodology: Individual and group
- Duration: 11 months
- Grace period: 1 month
Asset loan as the name implies is targeted to help existing clients of Riverside MfB purchase assets such as generator, refrigerator, grinding machines etc. that will further enhance the productivity of their enterprise.
Asset loan as the name implies is targeted to help existing clients of LAPO MfB purchase assets such as generator, refrigerator, grinding machines etc. that will further enhance the productivity of their enterprise.
Big businesses require big loans. The Riverside Microfinance Bank "SME Loan" is a credit product designed specifically to support Small and Medium Scale Enterprises (SMEs) operators in Nigeria.
Agriculture is the mainstay of any economy and is fundamental to the socio-economic development of any nation.
This loan product is designed to operate on a group (union) methodology. A union is a self-selected group of people who access loans individually but have group guarantees.
Enjoy the personalized service you need at LAPO Microfinance Bank, including long-term business financial planning and extended-hours access to our specialized business service team.
Copyright © 2021 Riverside Microfinance Bank. All rights reserved.
Developed by HBS
Copyright © 2021 Riverside Microfinance Bank. All rights reserved.
Developed by HBS