Medium Small and Micro Enterprises (MSME)
The CSD Microfinance Bank “MSME Loan” is a credit product designed specifically to support Medium Small and Micro Enterprises (MSMEs) operators in Nigeria.
Irrespective of the sector your enterprise is operating, CSD MFB is willing to support your business with a credit facility up to N10, 000,000 to extend the scope of the enterprise. Our interest rate is affordable, Nigerian Medium Small and Micro Enterprise can now maximize their potentials with the MSME Loan for the expansion of their businesses.
Features
- CAC Registration
- Facility amount up to N10,000,000
- Methodology: Individual
- Duration: 6-12 months
Benefits
- Access to funds for business expansion
- Flexible repayment structure
- Training on basic financial management, business planning and customer relations
- Expert financial advice available
Documentation
- Completion of account opening documentation.
- Loan application letter
- Duly completed application form
- Collateral
- Guarantor
- A valid means of ID (National ID, driver’s license, voter’s card or international passport)
- Current utility bill
- Recent passport-size of the Applicant and Guarantor
- Guarantor means of identification