Aztec Micro loan is a conventional product designed to operates on a very small scale of customers accessing loan one million and below. Our Microcredit Loan is targeted at the petty traders operating in the informal sector.
Loan Features
- Minimum of 5 persons in a group
- N100,000.00 – N1,000,000.00
- Maximum of 6 months
- 4% interest rate
- 2% processing fee payable upfront
- 10% Equity contribution
- Monthly and Weekly repayment of both principal and interest
Loan Requirements
- 10% of Loan amount
- Evidence of Existing Business
- Two (2) guarantors with post-dated cheque
Who Can Apply
- Individual
- Corporate
How to Apply
- You can fill the form online click here
- You can also download the form, fill it and submit to the nearest Aztec Office