MyAgent Loan

Fuel your agency business success. Short-term working capital designed specifically for ACCIONMfB agent banking partners - complement your earnings while serving your community.

Benefits

• Easy Loan procedure.

• Affordable and convenient loans

• Low interest rate.

• Opportunity to compliment your earnings by partnering with Accion.

• Can take as an addition to an existing loan.

Features

• Access to loan for as low as N50,000 up to N2m 

•  Equity contribution applicable

• 3.5% & 3% interest at a reducing balance for 1st loan and subsequent loan respectively.

• Commitment fee of 1%(Effective only if client fails to pick up loan 3 days after approval)

• 1% Insurance 

• 1% Admin fee 

•  Clients have the advantage to determine his/her own effective interest rate. 

• Repayment of 1 to 3 months.