KC Micro Loans
This facility is aimed at supporting Traders, Artisans and Entrepreneurs who wish to access funds for working capital and other operating requirements. This type of facility is usually for a short period between (3-6 months) at a competitive interest rates. This loan scheme gives room for the customers to enjoy flexible repayment plans which can be daily, weekly, or monthly. The Loan Value is within ₦100,000 - ₦500,000.
Requirements for KC Micro Loan:
- Applicant to open an account with KC MFB
- Applicants valid id card (nin/voters card/int’l passport/drivers license)
- 4 passport photographs of applicant
- Current utility bill of place of residence (within the last 3 months)
- Spouse valid id card and passport photograph
- Applicants bank statement of account (minimum of 6 months)
- Duly filled loan application form
- Minimum of 2 Guarantors required and to produce - (valid id card, house utility bill and passport photograph)
- Any other relevant documents to support your application
