Grants Microfinance Bank

Cooperative Loan

Government body can access up to N100,000,000 for their members which can be spread up to 24 months


  • 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
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