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JUMBO LOAN/MONTHLY LOAN

CGEE potential clients are women who do not have access to the credit facilities offered by commercial banks due to lack of material collaterals.

About Jumbo loan/Monthly loan

This loan is given to clients who has met certain criteria during a particular loan cycle( in the course of loan collections and repayments stages)

FEATURES

THE FOLLOWING ARE THE FEATURES OF JUMBO LOAN/MONTHLY LOAN:

  • Facility range: N10,000 (minimum) to N200,000 (maximum)
  • Methodology: Individual lending but group liability
  • Duration: 1 - 10 months
  • Grace period: 2 Months
  • Repayment frequency: monthly
  • Clients must belong to a group

BENEFITS:

  • No collateral
  • Access to funds for business expansion
  • Flexible repayment structure
  • Low service charge
  • Expert financial advice available

DOCUMENTATION REQUIRED

DOCUMENTATION REQUIRED INCLUDE:

  • Duly completed application form
  • 2 guarantors
  • A valid bank account
  • 2 recent passport-size photographs

GRADING SYSTEM

FREQUENTLY ASKED QUESTIONS:

  • 1. Q: can i collect this loan alone withour other loan?
        A: No. you vcan only collect this loan if you are already on a small loan. 

  • 2. Q: is the repayment flexible?
        A: Yes.

Important Dates

25
December
Christmas Day

Christmas Day

Full Calendar

SUMMARY

  • Basic Science which comprises Biology, Chemistry and Physics
  • CGEE is a department of JDPC
  • CGEE has a cliental portfolio of about 100,000
  • Staff strength of about(452)
  • No. of Branches(87)
  • No. of Areas (22)
  • No. of Divisions(8)
  • CGEE has branches in all the states in the southwestern part Nigeria
    • CGEE: “Centre For Grassroot Economic Empowerment (CGEE)is a Non- Governmental Organization that was established to support the empowerment programs of the JDPC of the Catholic Diocese of Ijebu-Ode through poverty alleviation among Farmers and Women." CGEE: “Centre For Grassroot Economic Empowerment (CGEE)is a Non- Governmental Organization that was established to support the empowerment programs of the JDPC of the Catholic Diocese of Ijebu-Ode through poverty alleviation among Farmers and Women." CGEE: “Centre For Grassroot Economic Empowerment (CGEE)is a Non- Governmental Organization that was established to support the empowerment programs of the JDPC of the Catholic Diocese of Ijebu-Ode through poverty alleviation among Farmers and Women." CGEE: “Centre For Grassroot Economic Empowerment (CGEE)is a Non- Governmental Organization that was established to support the empowerment programs of the JDPC of the Catholic Diocese of Ijebu-Ode through poverty alleviation among Farmers and Women."