Micro Loans

AB Microfinance Bank Nigeria offers entrepreneurs the opportunity to easily access loans in a quick, transparent and efficient environment.

Our expertise and international standards assure our clients quality service and delivery. Loans currently range from N 15,000.00 to N2 million; maximum maturity is 18 months; for larger loan sizes, please visit the SME section

Features & Benefits

  • No mandatory deposits/savings and no cash collateral required.
  • No audited financial statements required.
  • Flexible collateral arrangements depending on loan size (household goods, business equipment, goods in stock, vehicles, property etc.)
  • Flexible documentation requirements.
  • Long-standing clients with impeccable repayment record qualify for successive interest rate discounts and even faster loan processing.
  • No borrower groups - you are responsible only for your own loan.
  • Free SMS Reminder for your Monthly Repayments
Kindly note that all applications undergo an on-site assessment by one of our lending staff prior to a committee decision.

Are you interested? Simply come to one of our branches and meet our friendly loan officers for a proposal.

LOAN PRODUCTS
NAME AMOUNT AVAILABLE INTEREST PAYABLE
AB Business Flexi N15,000 – N100, 000 6.5% interest (on declining balance)
AB Business Plus N100, 001 – N500, 000 6% interest (on declining balance)
AB Business Max N500, 001 – N1, 000, 000 5.5% (on declining balance)
Maxiplus N 1,000, 001 – N 2, 000, 000 5% (on declining balance )

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Miro Loans Image