Grooming Centre - Empowering people

The SME Loan gives clients the opportunity to access larger credit facilities at Small & Medium Enterprise levels. The loan amount ranges from ₦500,000.00 to ₦5,000,000.00 and has a 2.5% service charge per month. Repayment is flexible and made in equal monthly installments over a maximum of 12 months loan term.

The Association Loan is designed for registered Trade Association Members who are desirous of a more personalized financial service. The Loan provides opportunity for members of Trade Association to access loan Facility to meet their working capital. The Loan amount ranges from ₦100,000.00 to ₦1,000,000.00 and has a 2.5% service charge per month. Repayment is flexible and made in equal monthly installments over a maximum period of 12 months.

This loan is designed to enable clients, from the second cycle of the Small Loan, acquire productive assets, with a maximum loan size of N300, 000.00, and it has a 15% service charge. Repayment is made in equal monthly installments over a 10-month loan term.

The Green Energy Loan (GEL)is designed to provide clean, safe and renewable energy for homes and businesses. Clients can select a GEL ranging from ₦100,000.00 to ₦10,000,000.00, with a 27% service charge per annum, calculated on reducing balance. Repayment is flexible and can be made in equal monthly installments over a 24 months loan term.

The Festival Loan is given all year round as complementary loans to enable clients, from the second cycle of the Small Loan, increase their stock during periods of high demand. The loan size ranges from N40,000.00 to N100, 000.00 and has a 15% service charge. Repayment is made in equal monthly installments over a 6-month loan term.