The Chairman of the Senate Committee on Industries, Senator Adetokunbo Abiru has today launched the N300 Million constituency revolving loan at a six percent annual interest rate for Micro, Small and Medium-sized Enterprises (MSMEs).
The loan is eligible to participants of one-day MSME Clinic/Workshop organised in November 2021 in collaboration with the Fate Foundation and Standard Chartered Foundation.
Over 1,000 MSMEs from 98 wards in the 16 LGAs/LCDAs of the Lagos East Senatorial District attended the event.
How To Apply:
Simply walk-in to any LSETF liaison offices within the 16 LGA/LCDAs in Lagos East with the following requirements:
✓ Recent tax clearance
✓ Duly registered business with CAC (For loans above N500,000)
✓ NIN (National Identification Number)
✓ Registered with LASRRA
✓ A mobile phone with an internet subscription (Optional)
✓ Bank account details
✓ ATM card with at least a one-year expiry date
✓ A certificate of attendance from a business workshop or training from any recognised institution or body.
