The Lagos State Employment Trust Fund (LSETF) Loan Programme aims to create affordable access to funding for small businesses to grow, expand, create wealth and put people to work. The application form and portal for the LSEFT MSMEs is open and currently accepting application from suitably qualified applicants.
The loan scheme, which attracts only 5% interest rate per annum, is available to business owners who are registered residents of Lagos State.
LSETF Loan Registration Categories
- MSME Recovery Fund – For Vandalized or Looted Stores: Are you Lagos-based Business owner and your store got Looted or Vandalized during the Curfew? Apply now.
- 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?
- 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?
- Micro Enterprise Owners – Loans 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?
- Micro Enterprise Start-Up – Loans of up to N250,000 per person: Do you have relevant training certificates? Reside in Lagos, have a LASRRA ID, have a Federal Government-issued ID card, and have a person to guarantee your loan?
Read – NYIF Application Form 2020 – nyif.nmfb.com.ng Registration
Requirements for Lagos State Employment Trust Fund (LSETF) MSME Loan Programme 2020
- Photograph
- Phone number and email address – active
- Official Government Identification
- LASRRA Identification Number
- Tax Identification Number
- Evidence of Company Incorporation
Read – How to Register for FG/CAC Free 250,000 Business Name Registration for MSMEs Survival Fund 2020
How to apply for Lagos State Employment Trust Fund (LSETF) Loan Programme
- To being application for the LSETF MSMEs online registration, visit: https://lsetf.ng/content/msme-loan-programme
- Then choose from the above categories where you wish to apply for
- Complete the online application form and submit
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