Zhabest Group Lending Products
Zhabest Group Lending Products
1. Z-Coop Loan and Z-Women Cluster Loan
Eligibility Criteria
- For registered cooperatives and trade associations
Loan Features
| Feature | Description |
|---|---|
| Loan Amount | ₦100,000 - ₦1,000,000 |
| Tenor | 6-12 months |
| Interest Rate | Competitive and affordable (Shariah-compliant option available) |
| Repayment Mode | Monthly or quarterly, flexible by group cash flow |
| Collateral | Group guarantee and savings history |
Benefits
- Strengthens cooperative capital base
- Funds bulk purchases, equipment, or expansion
- Builds credit history for future access
2. Z-Women Cluster Loan
Eligibility Criteria
- For women-led savings groups and market unions
Loan Features
| Feature | Description |
|---|---|
| Loan Amount | ₦100,000 - ₦1,000,000 per group |
| Tenor | 3-6 months |
| Interest Rate | Discounted rate for women groups |
| Repayment Mode | Weekly or biweekly via mobile teller service |
| Collateral | Group guarantee and thrift record |
Benefits
- Empowers women entrepreneurs
- Encourages financial discipline and peer accountability
- Supports household resilience and small business growth
3. Z-Esusu Booster
Eligibility Criteria
- For informal thrift groups and rotating savings clubs
Loan Features
| Feature | Description |
|---|---|
| Loan Amount | ₦50,000 - ₦500,000 |
| Tenor | 3-6 months |
| Interest Rate | Flat rate with early repayment bonus |
| Repayment Mode | Daily or weekly via mobile teller |
| Collateral | Group thrift record and guarantee |
Benefits
- Boosts liquidity for members during rotation
- Encourages consistent savings habits
- Ideal for seasonal traders and artisans
