Get 100% Interest Free Loans

Get 100% Interest Free Loans

Take a good look at this great opportunity open to you from Grace and Mercy Households Improvement Initiative and study it very well to know how it works.

This program is established to improve households and to support & strengthen the economy of the low-income earners in Nigeria by providing easy access to financial services for the poor, excluded, and disadvantaged.

This Organisation is a Non-Governmental Organization (NGO) Microfinance Institution registered with the name Grace and Mercy Households Improvement Initiative, the organization registered under Corporate Affairs Commission (CAC) with Certificate Number 52145.

The company was founded in April 2012 with a focus to provide financial opportunities for the poor and low-income earners throughout the nation in order to escape poverty through consistent and appropriate injection of small funds into their businesses.

The organization’s products and services are geared towards supporting the Small and Medium scale businesses which form the bulk of the local economy and are the engine of the Nigerian economy.

The majority of Grace and Mercy Households Improvement Initiative loan beneficiaries are the poor women who form the large part of the excluded and vulnerable.

What is the Organisation’s Mission?

To support & strengthen the economy of the low-income earners in Nigeria by providing easy access to financial services for the poor, excluded, and disadvantaged.

What is this Organisation’s Vision?

Is to be the one-stop institution providing financial services to low-income earners in Nigeria.

Who are the people that can benefit from the Loans Program?

The people who are economically marginalized, engage in small businesses and need loans to help grow their businesses.

These people contribute to the growth of the economy of the nation as they can fend for themselves and their families and reduce their dependence on the government.

This Organisation Offers Loans And Products

Loan/CLoan TypesDescriptionsLoan AmountInterestRepayment
Period
1stSmall LoanThe small loan is specifically 
intended to feed the marginalized
poor women who are economically
active but warrant the necessary
financial support to grow their
businesses. This loan has been 
divided into ages of 
collection and prepayment with
the first stage of the first loan.

To get Small Loan Call C O Sunday
on this number: 08097934402
120,000
to
600,000
0%23 weeks
6 months
1stFestival LoanThis is another loan product
that is designed to cater to existing
clients who are in need of money
during Festive periods (Easter,
Eid-el Kabir, Eid el Fitr, and
Christmas). Even at any time
clients qualify. A Festival loan is
given to a registered client that
has positively good and qualified
for the third stage of the small loan
cycle and is eligible to access
the loan product.

To get Festival Loan Call C O
Sunday on this number: 08097934402
130,000
to
600,000
0%4 months
1stResource LoanResource loan is targeted at
members of Grace and Mercy
Households Improvement Initiative
unions who have completed two
Small Loan stages (from the third
stage and above) and need
equipment to assist in growing their

businesses.
To get Resource Loan Call C O
Sunday on this number: 08097934402
100,000
to
500,000
0%10 months
1stRoyal LoanRoyal loan is a product designed
specially in collaboration with the
Rotary Club to cater to the needs
of poor women in Igbogbo, Lagos
State at a subsidized rate.
The Royal Loan has been
divided into periods of
collection and repayments.

To get Royal Loan Call Grace and
Mercy Households Improvement
Initiative Head Office
on this number
: +2348000028000
120,000
to
600,000
0%23 weeks
6 months
1stBusiness LoanBusiness loan product is designed
to meet the needs of entrepreneurs
that require more funds than what
the Small Loan and Festival loan
could offer. The loan is given at the
head office of the organization and
the repayable is on a monthly
installment structure.

To get Business Loan Call Grace and
Mercy Households Improvement
Initiative Head Office
on this number
: +2348000028000
100,000
to
5,000,000
0%6 months
to
12 months
1stPersonal LoanPersonal loan is targeted at an
upwardly mobile niche of clients
outside of the Organization’s
group-based methodology,
without any branch involvement.
The product is ideal for individuals
who wish to meet their personal
needs with the aid of additional funds.

To get Personal Loan Call Grace and
Mercy Households Improvement
Initiative Head Office
on this number
: +2348000028000
100,000
to
2,000,000
0%6 months
1stAssociation Association loan product is for Trade
Associations and Registered
Associations (Cooperative Societies)
with membership above 20 persons,
operating within the geographical
location of any Grace and Mercy
Households Improvement Initiative
branch. The product is ideal for
associations that wish to empower
their members through the provision
of additional funding. Registered
Association, (Cooperative societies).

To get Association Loan Call Grace and
Mercy Households Improvement
Initiative Head Office
on this number
: +2348000028000
100,000
to
50,000,000
0%12 months
Read more about loan Products

Grace and Mercy Households Improvement Initiative products and services are designed to cater to each and every client’s either Individual or Group needs it.

How do I get the Loan?

To qualify for the Grace and Mercy Households Improvement Initiative loan you need to do certain things.

  1. Become a member by Register with just ₦500 only
  2. You must be between the Age rage of 18 to 55 Years
  3. Attend weekly meetings for at least 2 to 3 meetings
  4. Save at least 10% of the amount of loan collecting
  5. The loan is given in the third week of the meeting
  6. First Repayment takes place at the second week after the loan collected
  7. Attending Union meetings is very compulsory
  8. Repayment Periods: Small Loan, Royal Loan, 23 weeks (6 months). Festival 4 months Read More
  9. Compulsory Saving for all Clients ₦300
  10. Loan Increment on Stages is ₦20,000

Read about Credit Rating, How to boost your Credit Rating, and How to check your Ratings

Grace and Mercy Households Improvement Initiative Head Office Address: 15, Shatola Street, Off Anfani Road, Ring Road, Ibadan.
You can reach out to Grace and Mercy Households Improvement Initiative Head Office by Email: [email protected]

Grace and Mercy Households Improvement Initiative Head Office, Toll-Free Line: +2348000028000

All calls to the above mobile number are 100% free

You can call C O Sunday on this number: 08097934402

Author : Admin

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