How to Access the Lagos State Employment Trust Fund Loan

By Oluchi Johnson-Achibiri | 1 min read
7th September 2020
How to Access the Lagos State Employment Trust Fund Loan

The LSETF Loan Programme is back again! The loan scheme aims to create affordable access to funding for small businesses to grow, expand, create wealth and put people to work. The loan scheme, which attracts only 5% interest rate per annum, is available to business owners who are registered residents of Lagos State. 

Small and Medium Enterprise Owners can get Loans of up to N5,000,000 per business

Requirements

  • The business must be a registered company with CAC
  • Have personal tax registration details
  • Be located in Lagos,
  • Have a LASRRA ID,
  • Have a Federal Government issued ID card
  • Two people to guarantee the loan and
  • Plan to hire new employees

Micro Enterprise Owners can get Loans of up to N500,000 per person

Requirements

  • Have personal tax registration details
  • Be located in Lagos,
  • Have a LASRRA ID,
  • Have a Federal Government issued ID card and
  • One person to guarantee the loan

 To start your application please click here

Oluchi Johnson-Achibiri
Oluchi Johnson-Achibiri has a background in Management Consulting and is passionate about lending her experience to help entrepreneurs start and scale their businesses.
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