Small Loans

The Small loan is the flagship product of Grooming Centre and is the core element of the Centre’s credit operations. This product is designed for economically active women to support or create self-employment in their businesses and improve self-reliance and long-term viability. The Small Loan size ranges from N200,000 to N700,000 with 3% service charge per month on (N200,000 to N400,000) and 2.5% service charge per month on (N500,000 to N700,000) pricing segments.

Repayments are made in equal weekly installments over a 23-week period.