Maximum Loan Amount: Any amount
Interest Rate: 10% p.a.
Tenor: Maximum tenor of 24 months
Purpose: To develop housing estate for members of her cooperative
Collateral: Any registered title document
Open a C-Cooperative Account with an initial deposit of N100, 000.00
Complete the FMBN Cooperative loan form and attach all the supporting documents
For registered cooperatives whose members have been contributing to the scheme and have off-takers for their project.
Fees: 1% of the loan amount