Echo Microfinance Bank Limited

Oban Rating:

4.25/5.0

Echo Microfinance Bank Ltd was incorporated in August 2008 and commenced business in February, 2009.  The bank has an asset base of about N90Million and her paid-up share capital is currently N52.7 Million. We have the plan to increase the paid up capital to N100 Million in the next few months.

 

Echo Microfinance Bank presently has over 8,000 customers, and it is growing. The Bank is set to open new branches within Lagos, in the immediate future, and across the nation in the long term. We promote flexibility and speed in our dealings with customers.

Kuda Microfinance Bank Loans and Terms

Loan Type

personal_loans

Loan Amount

₦200

-

150000

Repayment Terms

1

-

12 months

Monthly Interest

5

-

15%

Location

Lagos

Employment Preference

Full Time

Pros: 

Flexible lending periods, Flexible lending amounts, Low interest rates

Cons: 

Moderate document requirements, Moderate income requirements

Estimated Interest Rate

5

-15%

Max Loan Amount

₦150000

Loan Term

1

-12 months

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