INTEREST-FREE LOANS FOR BENUE PEOPLE WITH EXISTING BUSINESSESKohol Shadrach Iornem
We are ready for the next batch of 10 people.
- You must be able to return the capital within 2 months from the date you receive the money.
- The loan you will be eligible to receive will not exceed N50K.
- You must already have been in business which you want to use the funds to take your business to the next level.
- You must be able to demonstrate that you can transform the N50k to a minimum of N70k in two months.
- You must agree that if you default, you will pay a 10% interest for the first two weeks and 20% interest if it exceeds two weeks. We will discuss with applicants the measures we will put in place should anyone default beyond one month.
If you meet and accept the 5 conditions above, send your business plan to email@example.com along with your contact number and we will call you to discuss your proposal in detail. If we are convinced, we will request for your account details and make the payment.
Deadline to receive applications: June 9, 2021. You will receive a call by June 14th to discuss your proposal.
Please note that you will need to demonstrate that you have a viable and sustainable business with realistic financial projections. You will only be eligible if we can get a picture of how you will pay back.