Overview
“Start small and progressively grow bigger.” CenteMicro Business Loan is a Short term business loan targeting micro business enterprises for financing any business or productive purpose e.g. working capital. These Cente Micro Business Loans have flexible repayments and can be used to restock businesses, purchase business assets like; motor vehicles, motor cycles, grinding mills and other equipment. In addition, they can be used to pay taxes, rent and other business utilities.
Product Features
Benefits
Fast and easiest way to access business funds.
Affordable to most low-income earners and rural poor.
Informal loan security accepted.
Access to automatic loans.
Requirements
Current or Savings Bank account.
Completed loan application form
Payment Of Loan Processing Fees
Financial card
Payment of processing fee
Inspection of collateral
Security can be fixed and/ or movable assets
Guarantees, personal or corporate
Applicant must be resident within the branch designated area of operation.
There must be an on-going business activity
