Application Opens for Lagos East MSME Loan at 6% Per Annum (N100,000 – N1M)

Application Opens for Lagos East MSME Loan at 6% Per Annum (N100,000 – N1M)

Senator Adetokunbo Abiru, the Nigerian Senate Chairman of the Committee on Industries, Senator has flagged off the N300 Million constituency revolving loan at a six percent annual interest rate for Micro, Small and Medium-sized Enterprises (MSMEs) today.

Eligibility

The loan is eligible to participants of one-day MSME Clinic/Workshop organised in November 2021 in collaboration with the Fate Foundation and Standard Chartered Foundation.

Over 1,000 MSMEs from 98 wards in the 16 LGAs/LCDAs of the Lagos East Senatorial District attended the event.

How To Apply:

You can walk-in to any LSETF liaison offices within the 16 LGA/LCDAs in Lagos East with the following requirements:

  • Recent tax clearance
  • Duly registered business with CAC (For loans above N500,000)
  • NIN (National Identification Number)
  • Registered with LASRRA
  • A mobile phone with an internet subscription (Optional)
  • Bank account details
  • ATM card with at least a one-year expiry date
  • A certificate of attendance from a business workshop or training from any recognised institution or body.

You can also:

Click here to apply

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