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!
