People are can be short on funds at some points in their lives. The weird issue us that they are usually short on funds or lack funds when they are in most need of it. At this time, it will be necessary to borrow money to meet up with your expectations of funds. In this post, we’ll be exploring the best places to borrow money in Enugu and Nsukka at low interest rates.
These places are built to meet the needs of borrowers in Enugu and Nsukka in case you in urgent need of cash. These places aren’t the mainstream commercial banks; so, you would get loan easily approved with low interest rates. There is no need worrying if your loan will be approved or not because it will be approved easily.
In this post, we’ll be showcasing these places that you can go to borrow money to solve your immediate needs. Are you a trader in need of capital, or are you a student in need of urgent funds, or are you a civil servant? This post is the right one for you.
Best Places to Borrow Money in Enugu and Nsukka at Low Interest Rates
1. EVURA Finance & Assets
This platform has its head office at Orba Road, Nsukka, and offers wide range of services. They offer saving money plan, business guidance, loan services, assets acquisition, house and land procurement, and many more.
The good thing about them is that you can easily borrow money from them no matter how little the money is. You can meet them to get your money or loan requests easily approved. The interest rate is also not high.
With an interest rate that is determined by how much you borrow; the higher the amount you intend borrowing, the lesser the interest rate.
You should also note that you need collateral commiserate to the amount you are borrowing before you can be offered loan here. Their repayment plan is flexible as well.
You can contact them by
WhatsApp or Call: 08143058610
Email to email@example.com.
2. Umuchinemere ProCredit Microfinance Bank
It is a micro bank that lends a wide variety of amounts at a low rate. This is a place you can go to easily borrow money or get a guarantor to acquire assets like tricycle, motorcycle, house, and others, on loan.
However, you should note that to borrow money from here, you’ll need guarantor and collateral. The repayment time is flexible. The interest rates are low. They also have different types of loans: Agricultural loan, Micro loan, Housing Loan, Education Loan, Worker’s Loan, and so on.
They have several branches in Enugu city.
You can contact them through:
Call: 08030966386 or 08035691456
3. Kenechukwu Microfinance Bank
This microfinance bank has its headquarters in Nsukka city. It is your go-to-place for quick and low interest loans. This is where you loan requests can easily be approved. Aside from that, the bank also offers low interest procurement of assets on loan, and many other services.
To get your loan approved in this bank, you’ll need guarantor and collaterals. Nevertheless, the low interest rate of the bank is a good one you should consider. The repayment plan is also flexible.
There are several branches of this bank scattered all over Nsukka area of Enugu State.
You can contact this bank by:
4. Ogbete Microfinance Bank
This is a good option if you are a trader in needs of funds to expand your business or hurriedly procure goods. It is located close to the popular Ogbete Main Market in Enugu city. They offer low interest loans with a flexible repayment plan. However, you should note that collateral and guarantor is required for the loan of this bank.
There location or office is at Local Government Building, Ogbete Main Market, Enugu, Enugu State.
You can contact them by
Call: 07060900084 or 07030389933 or 08036680139
5. Ogige Microfinance Bank
This micro bank is located close to Ogige Main Market, Nsukka. They are also good at offering low interest rates loan to mostly traders. So, if you are a trader, you can go to their office for a fast loan.
Their repayment plan is flexible as well. You are to prepare with collateral and guarantor to collect loan from here. The collateral should be in tandem with the amount of loan you are seeking.
The location of their office is at 20, Market Road, Alu Dele, Nsukka, Enugu State.
You can contact them by:
In this post are best places to borrow loans in Enugu and Nsukka at low interest rates. The chief reason why these places are chosen is that you can quickly borrow loans there with little or no restrictions. It is very easy to assess loans from these places.