Join a group!
Apply for our Regular Loan.

This loan product is designed to operate on a group (union) methodology.

Big business requires big funding.

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.

Irrespective of the sector your enterprise is operating, Riverside MfB is willing to support you with a credit facility up to N5,000,000 to expand the enterprise. At an affordable interest rate, Nigerian SMEs can now maximize their potentials with the SME Loan for the expansion of their businesses.


  • Facility amount up to N5,000,000
  • Methodology: Individual
  • Duration: 12 months


  • No collateral
  • Access to funds for business expansion
  • Flexible repayment structure
  • Training on basic financial management, business planning and customer relations
  • Expert financial advice available

Documents Required

  • Loan application letter
  • Duly completed application form
  • 2 guarantors
  • A valid means of ID (national ID, driver's license, voter's card or international passport)
  • Current utility bill
  • 4 recent passport-size photographs

You may also be interested in:


Asset Loan

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.


Education Loan

Education loan is a loan designed strictly for the payment of children's school (Primary and Secondary) related expenses in Nigeria only.

Special Loan

Riverside MFB Special loan product was developed to meet the credit needs of exiting regular loan clients who require bigger loan sizes to strengthen their businesses.

Premium customer support

Enjoy the personalized service you need at Riverside Microfinance Bank, including long-term business financial planning and extended-hours access to our specialized business service team.

  • One combined monthly statement for all of your business accounts 
  • Extended-hours access to our specialized business service team