The catalyst for job creation and ease of access to resources in Enugu State.
The Enugu Trader Facility (ETF) is an innovative financing program in partnership with a FinTech called Carbon (previously PayLater) where we provide financing to SME Cluster in the State (markets). Traders can apply for a minimum amount of N50,000 and a maximum amount of N2 Million. It has a three (3) months tenor with an interest rate of 5% a month. Beneficiaries that payback on time are rewarded with longer tenors and a reduced interest These facilities have no collateral, but are secured with Direct Deposit Instruction with Remita, Lien of BVN and other non-asset collateral structures. We commenced this program Tuesday 10th March 2020 at Ogbete Main Market. It is our intention to activate a new market every month. We are targeting 60,000 traders within the tax bracket by the end of 2020. Download Carbon SME business loan requirements form below.
Enugu SME Center
No. 2, Market Garden By SME Roundabout Opposite Ebeano Tunnel GRA, Enugu
info@enugusme.ng
complaints@enugusme.ng