This product is a group loan designed to empower active women in business with a loan size of between fifty thousand Naira (N50,000) to One hundred and fifty thousand Naira(N150,000) to each member of the group, repayable over 23 weeks with 15% service charge. Increase in loan size is pegged at maximum of N30,000. This was our pioneer product in April 2019. In the first week we granted less than N100,000 but today we disburse an average of Two Million Naira per week with weekly loan collections exceeding One million Naira regularly.
