Personal Development Loans are intended to serve clients with verifiable sources of income regardless of whether it is business or employment or both, and sufficient collateral

The Loan can be used for

  • Meeting investment expenditure purposes to finance assets and / or projects capable of diversifying income streams for the clients such as purchasing of rental apartments or commercial buildings, and establishing of developmental projects with potential to raise cash flows.

  • Meeting capital expenditure purposes such as housing and home refurbishment, purchasing private motor vehicles, household assets, solar equipment and purchase of land.

  • Meeting consumption expenditure purposes such as weddings, hospitalization and funerals.

  • Meeting asset financing expenditures i.e. purchase of land, purchase of motor vehicles, purchase of houses, and other assets.

Why you should apply for this loan

  • Rapayment structure is tied to the beholder’s cash flow

  • You can easily pay back using MTN and Airtel push services.

Requirements of the loan

  • Proof of verifiable income. It can be either business or salary or both.

  • Minimum of one guarantor is required

  • Any forms of collateral security.

  • Must be aged between 18 – 75 years