loan size

Loan Product Update

In response to consistent feedback from clients, rampant inflation and reduced purchasing power as well as recommendations from the Programme Implementation Review Committee (PIRC), the Asset Loan Product Ceiling was reviewed from N200,000 to N300,000 on the 4th October, 2021. Also, preparations toward the launch of the Grooming Daily Loan Product (GDLP) in January 2022 are ongoing. The 100 Credit Officers required for the pilot phase have been recruited, classroom-trained and currently undergoing Field Operations training prior to deployment next year.

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