KWASU Micro Loan
- : Requirements
- The loan limit is N500,000.00
- Loan term range from 30 to 180 days.
- This shall be in equal weekly or monthly installments.
- Processing fee- 2.5% flat
- Management fee- 2.5% flat
- Interest Rate: 3% -4.5% monthly on reducing balance – As the case may be.
- 5% Cash Collateral Deposit
- Personal Guarantee
- Affidavit of stock hypothecation to KWASU MFB LTD.
- Mortgage on landed or moveable asset.