Loan Product
Perishable Loan
Supporting Fresh Goods Traders with Daily Capital Needs
At Victory Empowerment Centre (VEC), we understand that time is critical for those dealing in fast-moving, short shelf-life goods. That’s why we created the Perishable Loan — a specialized financial solution designed to meet the urgent working capital needs of traders in perishable goods such as fruits, vegetables, dairy, fish, meat, and other consumables.
The Initial Loan is N70,000 after repayment of the initial loan, the loan is increased in subsequent loan cycles. This is a continuous process until the client decides to end the services.
Basic Requirement
- Valid Means of Identification – National ID, Voter’s Card, Driver’s License, or International Passport.
- Must be active trader of perishable goods.
- Proof of Business.
- Passport Photograph.
- Guarantor(s) – At least one credible guarantor with verifiable means of income and identification.
- Membership/Client Registration – Must be a registered client of Victory Empowerment Centre.
- Loan Application Form – Properly filled and signed.
