DIAMOND ASSISTANCE

This is a product designed for customers whose business require more than what Regular Assistance allows and their liquidity for repayment cannot cope with a weekly demand. It is disbursed based on guarantee which is drawn from members of the group where the client belongs.

 

Features

  • Amount Range: ranges progressively from N100,000 (minimum) to N400,000 (maximum)
  • Lending Approach: Individual lending based on group liability
  • Loan Term: 5 months
  • Mode of Repayment: Bi-weekly Repayment
  • A borrower must be a member of a union

Why Diamond Assistance

  • Access to higher loan amount than regular or festival loans
  • Convenient repayment scheme