/Apprentice Loan
Apprentice Loan 2018-10-19T05:27:02+00:00

Apprentice Loan

ORILONISE Microfinance Bank offers apprentice or students the opportunity to easily access loans in a quick, transparent and efficient environment.

Loans currently range from N 15,000.00 to N1 million; maximum maturity is 18 months; for larger loan sizes, please visit the CREDIT Unit.

Apprentice Loan

  • No mandatory deposits/savings and no cash collateral required.
  • No audited financial statements required.
  • Flexible collateral arrangements depending on loan size (household goods, business equipment, goods in stock, vehicles, property etc.)
  • Flexible documentation requirements.
  • Long-standing clients with impeccable repayment record qualify for successive interest rate discounts and even faster loan processing.
  • No borrower groups – you are responsible only for your own loan.
  • Free SMS Reminder for your Monthly Repayments

Kindly note that all applications undergo an on-site assessment by one of our lending staff prior to a committee decision.

Are you interested? Simply visit our office and meet our friendly loan officers for a proposal or download an individual loan form here.

Dream big, do big, apply now!

Corporate Loan Form

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