Home | About | Vision | Business & Tech Training | Skills and Vocational Training | Micro Finance | Private Sector Development | Timetable | Press Gallery | Contact Us
 
Micro Finance

NSD is dedicated to providing micro finance to “micro and small entrepreneurs” without access to traditional bank financing, especially in central urban areas.
NSD aims to help people work their own way up the economic ladder, with dignity and pride. With capital people can grow their own businesses. They can earn enough to afford basics like running water, better food, schooling for their children and basic health care.

The Nigerian economy is based largely on subsistence agriculture, regional trade, and micro and small business. NSD, which provides services mainly in Ibadan Oyo State, works with urban-based micro enterprise owners.

NSD assists new and existing business owners with small-scale loans. Only graduates of an NSD training programme and members of the NSD alumni programme can apply. All micro finance product and service information is available at our office in Ibadan.

NSD issues loans on a monthly basis. We cross select loan approvals on 2 main areas: Gender and New or Existing Businesses.

 
The current maximum loan allocation for individuals is as follows: All loans are in Nigerian Naira.
Type 1st Loan 2nd Loan 3rd Loan
 New Business  N 20,000  N 40,000  N 80,000
 Existing Business  N 30,000  N 50,000  N 100,000
 
NSD offers loan training to all recipients of the loan before any loan is issued.

NSD applies heavy penalties for any loan defaults.

For full details on loan terms and conditions, please contact the NSD head office.

NSD strives to secure additional funding to raise the value and funds available of the loan portfolio. This in turn assist more graduates and members.

 
 Home | About | Vision | Business & Tech Training | Skills and Vocational Training | Micro Finance | Private Sector Development | Timetable | Press Gallery | Contact Us
Site Designed By: GRAPHICS 4 LESS