BOIMFB Micro Empowered Loan Application Form

BOIMFB-MEL LOAN APPLICATION FORM

The BOIMFB Micro Empowered Loan (MEL) is a financial product designed to provide accessible and affordable credit to micro-entrepreneurs and small business owners. BOIMFB MEL represents a dynamic step toward entrepreneurial upliftment and economic development. 

Step 1 of 2
Name of Applicant
As shown on your NIN
Email
Office/Business Address
Gender
Marital Status
Date Of Birth
Next Of Kin
Next of Kin (Address)
Purpose Of Loan
Cash Flow in the last 6 Months
Do you have an account with BOIMFB

Interest Rate Per-Annum

28% Reducing Balance.

Repayment Frequency: Monthly

Management Fee: 1% upfront

Insurance Premium: 1% Upfront

Repayment Conditions: 20% mandatory savings alongside monthly
repayment

Selecting this option shows that the above information provided are true and accurate
Selecting this option shows that I agree to the Terms & Conditions