THE EDGE SERIES BUSINESS SUSTAINABILITY PROGRAMME
The EDGE Business Sustainability Platform (BSP) is put up to support existing Micro and Small Businesses to surmount the difficulties that growing businesses are confronted with in the Nigerian Market and the world at large.
With partnership from the Lagos State Employment Trust Fund (LSETF) deserving youths with micro and small businesses will be supported with funds to grow their businesses.
Maximum Loan amount N 250,000.00 (Start Up), N 500,000.00 (Existing)
Interest Rate – 5% per annum
Tenor - 12 months (with a 3-month moratorium on principal and interest)
Equity Contribution – 5%
Completed application form
Training Certification (indicating the applicant’s suitability to engage in the proposed business - applicable to Start Up)
LASRRA ID (Lagos State Residency Registration) of the borrower
Tax ID (for new entrants to the job market, students, they can be registered at LIRS Offices and will only need to remit taxes at the end of this year)
Notarized Guarantors Form (This form must be filled by the guarantor and notarized by a Notary Public) + LASRRA ID of the guarantor