FUD MICROFINANCE BANK
FUD MICROFINANCE BANK LTD
To provide Economic empowerment and improve the standard living of the teeming populace of our society thereby creating more middle class income earners within 10 years of our existence
We are quality Microfinance Institution which provides accessible and reliable financial & social services whilst adding value to all stake holders
1.FUD MFB Cooperative Societies loan Scheme.
2. FUD- MFB Agric for Civil Servants Loan Scheme.
3.FUD- MFB Salary Advance for FUD Staff
‘’Maximum of 50% net monthly salary for either 1,2 or 3 month to be repaid within maximum of 90 days with no interest only 6% flat processing fee’’
4. FUD- MFB Salary Advance for civil servants
‘’ Maximum of N500,000 with a tenor of 24 months and 25% interest per annum for all civil servant whose salary is domiciled with us ’’
5. FUD- MFB CONSUMER LOAN
6. FUD –MFB MSME LOAN
‘’Maximum of N500,000 with tenor of maximum 12 months and 9% interest per annum for all small and medium scale entrepreneurs with collateral’’.
7. FUD- MFB ADASHEN GATA LOAN SCHEME.
‘’The product is designed to attract petty traders, artisans/craftsmen and others to save at least 20% of their need which will be in lien for the bank to loan out 100% to enable them boost their working capital at zero interest rate only 10% flat processing fee with maximum tenor of 3 months’’.
8. FUD MFB TSAYA DA KAFARKU LOAN SCHEME
‘’Exclusively for women especially the rural dwellers, maximum amount of #15,000 to be paid within 4 months while Third party Guarantor is needed to execute relevant documents and Pricing of 5% flat processing fees and interest 5% interest per month on reducing balance’’.