Error message

  • Warning: include_once(/home/buzzmentions/public_html/lapodemo2/modules/blog/blog.module): failed to open stream: Input/output error in drupal_load() (line 1121 of /home/buzzmentions/public_html/lapodemo2/includes/bootstrap.inc).
  • Warning: include_once(): Failed opening '/home/buzzmentions/public_html/lapodemo2/modules/blog/blog.module' for inclusion (include_path='.:/opt/cpanel/ea-php56/root/usr/share/pear') in drupal_load() (line 1121 of /home/buzzmentions/public_html/lapodemo2/includes/bootstrap.inc).

NEDOGHAMA

A loan product jointly designed by LAPO Microfinance Bank and NEDOGHAMA Inc. to promote the income generating activities of the low income “Bini” natives. This product can be accessed by a client who is a member of a group (Union).

  • Facility range: N20,000 (minimum) to N80,000 (maximum)
  • Methodology: Group
  • Duration: 6 months
  • Grace period: 1 month

Benefits:

  • No collateral
  • Access to funds for business expansion
  • Flexible repayment structure
  • Very low interest rate
  • Duly completed application form
  • 2 guarantors
  • 4 recent passport-size photographs
  • Current utility bill
  • A valid means of ID (national ID, driver’s license, voter's card or  international passport)

1. Q: Can I access this loan if I am not a Bini indigene?
    A: No. The loan is restricted to low income "Bini” natives.

2. Q: Do I need to provide any document to prove that I am an indigene of Bini?
    A: Yes.

3. Q: Can I access Nedoghama loan outside Benin City?
    A: No. This loan can only be accessed in Benin City, Edo State.