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Apply for Finance

1Community provides Micro enterprises with a variety of relatively less expensive, flexible funding options, Debt and Equity; geared towards the enhancement of business operations including revenue generation & growth, working capital and business scalability.

These financial options are categorized into 3 product:

  • 1 Loan Without A Sponsor
  • Collateral Free loans of upto ₦4,000,000
  • 12% annual interest rate
  • 12 months Moratorium on Interest & Principal
  • 2 Loan With A Sponsor
  • Collateral Free loans of upto ₦4,000,000
  • 9% annual interest rate
  • 12 months Moratorium on Interest & Principal
  • 3 Equity Investment
  • Equity Investment of up to ₦10,000,000
  • Dividend payment after 5 years
  • Companies have the opportunity to buy back shares from 1C should they choose to.
Screening Criteria for MSMEs
  • Micro Businesses with a minimum of 3 years trading history
  • Micro Businesses with Annual Revenue that does not exceed N15,000,000
  • Micro Businesses with a maximum of 10 employees. Employees does not include contract staff.

1community Investment Process

  • Step 1
    Register
    Be a part of one community to start enjoying these amazing benefits and much more
    • - Access to Finance
    • - Access to Business Support
    • - Capacity Development
  • Step 2
    Pre-Approval
    Provide key information about your business to allow us know you and provide the help you need
    • - Eligibility Assessment
    • - Credit Check
    • - Credit Analysis
  • Step 3
    Financing Decision Process
    A decision based on the activities below would be made on your application
    • - Due Diligence
    • - Final Approval
    • - Disbursement.
    • - Orientation Session
  • Step 4
    Monitoring & Business Support
    We will work with you closely to refine your business strategy for growth and develop your capacity in
    • - Strategic Planning
    • - Branding and Marketing
    • - Business Support Services
  • Step 5
    Exit
    Even after your business becomes profitable and sustainable, you can still leverage on our
    • - Ecosystem of businesses
    • - Networking opportunities
    • - Become an Ambassador