MSME loan
Micro Borrower – Petty Traders
- Irregular / Low Income
- Mobility is High
Applicable products
Stock Finance, Leases, Asset finance, Working Capital
Risk acceptance criteria
- Customer must have evidence of reasonable sources of income
- Customer does not have any non-performing loan
- Customer must have a verifiable means of identification in addition to BVN/NIN
- Guarantor with verifiable income is required
- Asset used as collateral for asset financing products
