Fina Trust Microfinance Bank Loan app: App download, Signup, Login, how to apply, Interest Rates, loan ussd code, customer care
In Nigeria, securing a loan often proves to be a challenging task, with traditional banks either ignoring or setting stringent standards for loan applications. Microfinance banks emerge as a viable alternative, providing accessible and customer-friendly financial solutions. Fina Trust Microfinance Bank, among the prominent players in this field, stands out for its commitment to safe customer services and a range of beneficial products.
About Fina Trust Microfinance Bank:
Fina Trust Microfinance Bank is a distinguished institution, recognized for its dedication to delivering top-notch microfinance services tailored to meet the diverse needs of its customers.
Products and Services:
Fina Microfinance Bank offers a suite of services designed to cater to various financial needs:
- Micro Loans:
- Targeted at SMEs, entrepreneurs, students, and traders.
- Access up to 1 million naira for existing businesses.
- Minimum interest rate of 5%, with the total amount dependent on customer response.
- Salary Advance:
- Aimed at salary earners, providing access to 75% of their monthly salary in advance.
- Group Loan:
- Group loans available at a competitive 3.5% interest rate.
- Operates on a credit rotation model, enhancing financial inclusion.
- Group members act as informal financial institutions, contributing and withdrawing funds based on individual needs.
Advantages of Fina Trust Microfinance Bank:
- Convenient repayment plans with equal monthly principal and interest repayments.
- Flexible conditions that accommodate the needs of retail businesses for capital projects.
Disadvantages of Fina Trust Microfinance Bank:
- Requires a guarantor for loan requests.
- Maximum loan tenure is six months.
Requirements:
- For group loans, group members must reside in the same location.
- Group guarantor required for group loans.
- Applicants must provide two credible guarantors.
How to Contact Fina Microfinance Bank:
Visit the head office at 46, Toyin Street, Ikeja, Lagos State, Nigeria. Reach out via phone at +234-01-6326874/+234-01-6326875 or +234-9062020040. For inquiries, send an email to inquiry@finatrustmfbank.com.
Conclusion:
When in need of accessible and customer-friendly loan facilities in Nigeria, Fina Trust Microfinance Bank stands as a reliable choice. With convenient repayment plans, flexible conditions, and a range of tailored services, Fina Microfinance Bank is a beacon for those seeking financial assistance. Explore other options like Nirsal for diverse loan offerings. For more information, visit their head office or contact them via phone or email. Secure your financial future with Fina Trust Microfinance Bank’s trusted solutions.