The Lagos State Employment Trust Fund (LSETF) loan is a government loan initiative created with the aim to fund Micro, Small and Medium Enterprises (MSMEs) to grow and expand. So, in this post, we will show you how to apply for Lagos State MSME Loan Programme 2021.
LSETF was established by Fund Law 2016 to provide financial support to residents of Lagos State, to tackle unemployment through job and wealth creation.
The Fund will operate with an initial capital of N25billion contributed over 4 years by the Lagos State Government, but will also raise additional fund from various sources including donor partners, development agencies, corporate organizations and individuals.
Application now open for the following loan Programme
See below;
1. Women’s Entrepreneurs Fund Application Loans of up to N5.000,000 per business
Do you have a registered company. with CAC and personal tax registration details? Reside in Lagos. have a LASRRA ID, have a Federal Government-issued ID card, and two people to guarantee your loan and will hire new employees?
2. Small and Medium Enterprise Owners Loans of up to N5,000,000 per business
Do you have a registered company. with CAC and personal tax registration details? Reside in Lagos, have a LASRRA ID, have a Federal Government-issued ID card, and two people to guarantee your loan and will hire new employees?
3. Micro Enterprise Owners Loons of up to N500,000 per person
Do you have your personal tax registration details? Reside in Lagos. have a LASRRA ID. have a Federal Government-issued ID card. and have a person to guarantee your loan?
4. Micro Enterprise Stort-Up Loans of up to N250,000 per person
Do you have relevant training certificates? Reside In Logos. have a LASRRA ID, have a Federal Government-issued ID card. and have a person to guarantee your loan?
How to apply for Lagos State MSME Loan Programme 2021
Click Here to apply for this loan.