Jaiz Bank today received a cheque of N3bn from the Bank of Industry to help boost MSMEs across the country.
If you are interested in benefiting from this fund and you already have account with us, visit any of our branches and give us a business proposal
A. Funds Utilisation
1. Type of customers: MSME CUSTOMERS (Individual/Corporate)
2. Nature of Business: Various business enterprises such as Tailoring, fashion, Schools, Hospitals, Pharmacies, etc
B. Re-Payment:
Cash flow from the business& various sources available to clients
C. Collateral:
i. Simple deposit of Title document
ii. Key man risk Insurance Policy on key promoter(s) from Takaful/insurance company acceptable to the bank.
iii. Personal guarantee from a reputable member of the community supported by statement of Net worth.
iv. Cross Guarantee by individual members of the Cooperative (where applicable).
HOW TO APPLY
You can visit the nearest Jaiz Bank branch to you to apply.
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