Green microfinance loan will give you loan without collateral or guarantor and not only that you don’t need to go through paper work that is typical of microfinance bank, with just your BVN and smart phone you will secure the loan.
What is green microfinance loan
Green microfinance is a loan company that give out loan to people in Nigeria. They have deferent loan product such as car loan, home loan and personal loan and you know what you can obtain this loan with no collateral or paper work.
Types of green microfinance loan
Below are the deferent loan product of green microfinance
With green microfinance personal loan you can secure loan of up to #500,000 without collateral or paper work. This loan is fast, within minutes of successful application your account will be credited.
You can also obtain car loan with green microfinance, on their website they said the loan comes without collateral but I doubt that. If it truly does that means the loan amount will be small.
Same thing with home loan it has no collateral. To apply for the loan head over to green microfinance website and apply for the loan.
Requirements to apply for green microfinance loan
Like other loan company, green microfinance also has requirement you need to meet before you can apply for the loan, these requirement are
Have a bank account and BVN
Have a good credit score
Have a source of income
You must not have defaulted on any loan before
Have a good credit score
Be above 18 years of age
How to apply for green microfinance loan
To apply for this loan, head over to their website
Click on the type of loan you want to obtain
It will take you to registration page
Where you will fill in your personal details including BVN
After that you will be shown the amount of loan you are eligible for
Your bvn is use to calculate the amount of loan you can obtain
How much you can obtain from green microfinance loan
With this loan company you can obtain up to #500,000 personal loan and much more for home and car loan. Of course as a first timer the loan you will get will be smaller than this.
Interest rate and repayment period
The interest rate depend on the type of loan you obtain, it is between 5% to 30% while repayment period is between 1 month to 12 months depending on the type of loan you obtain.
Repaying your loan
You can pay back your loan using ATM card or contact them for their account and make transfer.
Is green microfinance legit
Yes it is legit, you will surely secure a loan from them unless you have bad credit score.
Green microfinance contacts
Green microfinance is one of the genuine loan company in Nigeria, they will surely give you loan though the loan might be small depending on your credit score.
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