Cooperative Loan
Government body can access up to N100,000,000 for their members which can be spread up to 24 months
Eligibility
- Registered cooperative of a government establishment
- Tenure of office of the elected officials of the cooperative should not go beyond the tenure of the loan being sought
- Ability to deduct members salary from source and remit
Documentation required
- Loan form (click to access)
- Application form stating amount, duration and purpose
- Valid means of identification and recent passport of elected officials
- One year salary statement of account
- Bylaws and evidence of each officials election to office
- Corporate guarantee from institution