The Lagos State Employment Trust Fund (LSETF) has a loan program designed to support Micro, Small, and Medium Enterprises (MSMEs) in Lagos State. The program offers loans of up to N50 million at an interest rate of 9% per annum. The goal is to provide affordable access to funding for small businesses to grow, expand, and create wealth
The loans are available to business owners who are registered residents of Lagos State. There are different loan categories, including:
- Micro Enterprise Start-Up Loans: N50,000 – N250,000
- Small & Medium Enterprise Loans: N500,000 – N1,000,000
The LSETF also offers a special TACT loan facilitated by Senator Mukhail Adetokunbo Abiru, which provides up to N1 million at an interest rate of 6% per annum for businesses in specific districts
Access more opportunities for Startups in Africa
Apply online at loans. lsetf.ng or visit the nearest LSETF Liaison Office for assistance.
And because we love convenience, for tradesmen and associations we are bringing the application process even closer to you!
Join us for on the spot applications at these local government secretariats:
-Ikorodu LGA – Feb 5th & 6th
-Igando-Ikotun LCDA – Feb 12th & 13th
-Ikeja LGA – Feb 19th & 20th
Time: 9:00 AM – 3:00 PM
How to Apply for LSETF Loan Program
Application fo the loan is currently ongoing; hurry and apply now
Application Link: Click HERE to Apply
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