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About Payee Loan
This product was designed as an all purpose loan to meet the financial needs of confirmed salary earners.
Requirements for savings
- Means of ID (Drivers License, int’l passport, voters card, National ID)- Obligor and Guarantor
- Acceptable Guarantor (permanent staff of a reputable organization/ 2 years contract)
- 6 months pay slip- Obligor
- 6 months account statements- Obligor and Guarantor
- Employment / Confirmation Letter / Last Promotion Letter
- Direct debit/ standing order/ salary Domiciliation( Where Applicable)
- Utility bill not more older than 3months (Where Applicable)
- Staff ID Card
- Repayment cheques and 1 guarantors cheque
- Bank Verification Number (BVN)
States Covered
Provider Details
About provider
Mainstreet Microfinance Bank Limited has the singular purpose of meeting the financial service needs in the informal sector, as well as those of micro and small scale entrepreneurs and low income earners in Nigeria. Mainstreet Microfinance Bank Ltd (formerly Afribank Microfinance Bank Ltd) is a private liability company incorporated in November 2008 and licensed by the Central Bank of Nigeria (CBN) to provide micro-finance banking services.
About Payee Loan
This product was designed as an all purpose loan to meet the financial needs of confirmed salary earners.
Requirements for savings
- Means of ID (Drivers License, int’l passport, voters card, National ID)- Obligor and Guarantor
- Acceptable Guarantor (permanent staff of a reputable organization/ 2 years contract)
- 6 months pay slip- Obligor
- 6 months account statements- Obligor and Guarantor
- Employment / Confirmation Letter / Last Promotion Letter
- Direct debit/ standing order/ salary Domiciliation( Where Applicable)
- Utility bill not more older than 3months (Where Applicable)
- Staff ID Card
- Repayment cheques and 1 guarantors cheque
- Bank Verification Number (BVN)
States Covered
Provider Details
About provider
Mainstreet Microfinance Bank Limited has the singular purpose of meeting the financial service needs in the informal sector, as well as those of micro and small scale entrepreneurs and low income earners in Nigeria. Mainstreet Microfinance Bank Ltd (formerly Afribank Microfinance Bank Ltd) is a private liability company incorporated in November 2008 and licensed by the Central Bank of Nigeria (CBN) to provide micro-finance banking services.
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