Micro Loan
At KayVee Microfinance Bank, we believe in the power of every dream, no matter how small. No dream is too small to make a big impact. Our Micro Loans are crafted to be the catalyst for your aspirations, igniting the flame of potential and turning even the tiniest of your dreams into remarkable achievements.
Account Information
Description
Features
Required Documents
Description
This account is designed to empower individuals and small scale businesses with flexible loans.
Features
- Small loan amounts for small businesses.
- Loan range between ₦100,000 – ₦2,000,000.
- Streamlined and straightforward application process for quick access to funds.
- Competitive and transparent interest rates.
- Dedicated customer support to assist throughout the loan application process as well as ongoing support after application.
Required Documents
- Duly completed loan application form.
- CAC 7 form.
- Two references.
- One recent passport photograph.
- Valid identification of signatory (Driver’s License, International Passport, National Identity Card or Voter’s Card).
- Residence permit (where applicable).
- Public utility receipt dated within the last three months (Electricity bill, water rate bill, tenement rate, rent receipt, telephone bill).
FAQs
Registered business owners are the most eligible for this loan.
You can download the account opening form, fill it out, and visit our branch to provide all the required documents to access the loan.
All loans are processed and disbursed within 24 hours given that all documentations requirements are met.