FMCG/PHARMA Loan
Are you a sub-distributors of goods that are categorized as FMCGs, and also pharmaceutical products? Patent Medicine dealers? Walk into any Accion MfB. branch close to you and obtain a quick loan
Features & Benefits
- 3.5% interest rate @ reducing balance, 1% Admin fees,
- Minimum loan amount of N2m and maximum loan amount of N5m.
- One month moratorium on Principal, Insured loans @1%, Maximum loan Tenure of 9 months, Account maintenance for 50k/mille
- Opportunity to grow your business with Accion MfB.
- Competitive interest rate.
- Easy loan procedure.
- Grace period of 1 month before commencement of repayment. i.e. customer is given one month moratorium on principal.
Requirements
- Prove of business ownership and experience
- A/C opening and proper documentation required
- Viable business
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