Enugu SME Micro Credit Lending Program

Business line of credit made to provide working capital to small business owners from Enugu and operating in Enugu

Loan Details


Single Obligor Limit - N300,000 (Three Hundred Thousand Naira Only)


Twelve (12) Months Repayments with one(1) month moratorium.

Interest Rate

0.9% a month and 9% of the principle for loan tenure (10 month)

Loan Eligibility

1.) Ndi-Enugu in credible economically businesses in Enugu State.
2.) Can apply as a business name or as an individual.
3.) All economically viable sectors and disabled.
4.) Verifiable means of identification.
5.) Submission of agreed documentation checklist for application.
6.) Free mandatory financial literacy training before disbursement.
7.) Follow one or all EnuguSME Agency handles On Social Media (@enugusmeagency on Twitter, Instagram and LinkedIn, Enugu State SME Agency on Facebook) to stay updated on this program and other programs.

Loan Process

Implementation Method


Repayment Plan

Documents for Uploading Online or Submission at Enugu SME Center

Do More Business!

Access to capital has been the bane for MSMEs. With the Micro-Credit Lending Program, we have created an innovative balance-sheet based lending program for individuals and corporates to ensure their business can grow to the next level.

— Hon. Arinze Chilo Offiah

SA – SME Development and Investment Promotion
Head Enugu SME Agency

Apply For the Enugu SME Micro Credit Loan Today

Don’t miss out on this great opportunity to get fund, grow and support your business. Apply here of come to the Enugu SME Center, No. 2 Market Garden Avenue, Opposite SME Roundabout by Ebeano Tunnel, Enugu.


Enugu SME Micro Credit Lending Scheme

You can come the Enugu SME Center can apply manually, filling out the requisite forms. The Agency Data Team would then key it into the online portal

To reduce the credit risk on the loan.

All economically viable sectors and the disabled can apply.

All Ndi-Enugu indigenes and residents non-indigenes

No. That would then be a corporate guarantee

The EFCC are the debt recovery agents. It’s important you get on their bad side

There would be a repayment schedule that would include the amount your required to repay monthly. You shall also provide these equal monthly Cheques to Fidelity Bank

Then the loan wouldn’t be made available to you, regardless of being successful in your application.