NEXT GROUP LENDING

Next Micro Credit

Next Micro Credit is designed for traders who are part of a group and are willing to guarantee each other for the repayment of the loan. The beneficiary must belong to a group and each group will have between 6 - 25 members. To enjoy Next micro credit, you must have been a member of Next for at least 3 weeks with evidence of regular attendance of group meetings.

Features
  • Loan amount: N40,000 to N100,000
  • Loan term: 4 – 24 weeks
  • Repayment frequency: Weekly
  • Equity contribution required: Yes
  • Eligibility:
    • Member must have a physical and verifiable business
    • Member must belong to a confirmed group and adhere to Next group policy
    • Member must have a fixed address, for at least six months, in the district from where he/she applies for the loan
    • Must be 18 years and above. If under 18 years, the written consent of a parent or legal guardian is required
Benefits
  • No collateral
  • Competitive interest rate Learn More
  • Quick turnaround, access your loan in 48hrs
Contact Us
God with us Plaza
Bogije Bus stop
Ibeju-Lekki, Lagos
Nigeria.

234-706-418-7219
enquiries@nextmicrofinance.com
Mon – Fri: 9am – 5pm

Copyright © 2019 Next MFI, All Rights Reserved

    Next Empowerment Foundation (“Next”) is a non-governmental organization (“NGO”) registered with the Corporate Affairs Commission, Nigeria, with registration number CAC/IT/No. 123828. Next is a national member of the Association of Non-Bank Microfinance Institutions of Nigeria. Next is the future generation financial services microfinance institution that aims to improve financial inclusion by providing access to financial services to the underserved and unbanked spanning from Nigeria to the rest of Africa. Next aims to provide sustainable products and services at an affordable cost to its members, while using technology and leveraging best-in-class platforms to promote efficiency and deliver outstanding service.

    ADDRESS

    God with us Plaza
    Bogije Bus stop
    Ibeju-Lekki, Lagos
    Nigeria.

    PHONE

    +2347064187219

    EMAIL

    enquiries@nextmicrofinance.com