About Working Capital
It is available as short term working capital for traders, businessmen and women, printers and micro-businesses. Interest is charged at the prevailing market lending rate and on monthly basis. You must operate an account for at least one (1) month.
Requirements for savings
- Bank statement
- Utility bill of guarantor(s)
- 15% Equity contribution-obligor
- Valid ID – Driver’s ID, National ID or International passport.
- 2 recent passport photographs of guarantor(s)
- Signed post-dated cheques and statement of account of guarantor(s)
- Bank Verification Number (BVN)
- Current utility bill /Verification of Address
States Covered
Provider Details
About provider
Rehoboth Microfinance Bank Limited is one of the leading Microfinance Banks offering a wide range of affordable, dependable and specialized financial services/products. The bank was licensed to carry out microfinance banking business in January 15, 2008. However, the bank commenced banking operations on the 18th of March, 2008. It has a Paid up Share Capital of N100 million as at December, 2012.
About Working Capital
It is available as short term working capital for traders, businessmen and women, printers and micro-businesses. Interest is charged at the prevailing market lending rate and on monthly basis. You must operate an account for at least one (1) month.
Requirements for savings
- Bank statement
- Utility bill of guarantor(s)
- 15% Equity contribution-obligor
- Valid ID – Driver’s ID, National ID or International passport.
- 2 recent passport photographs of guarantor(s)
- Signed post-dated cheques and statement of account of guarantor(s)
- Bank Verification Number (BVN)
- Current utility bill /Verification of Address
States Covered
Provider Details
About provider
Rehoboth Microfinance Bank Limited is one of the leading Microfinance Banks offering a wide range of affordable, dependable and specialized financial services/products. The bank was licensed to carry out microfinance banking business in January 15, 2008. However, the bank commenced banking operations on the 18th of March, 2008. It has a Paid up Share Capital of N100 million as at December, 2012.
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