The Lagos State Employment Trust Fund (LSETF) has announced the opening of its loan application process for small businesses and start-ups, operating in the state.
Applicants can apply for loans up to N500,000 at five percent interest rate under the LSETF Loan Programme, which commenced on September 3 and will close September 30, 2018.
Application forms are available at LSETF liaison offices across the 20 local government offices in Lagos State . Applications can also be made online at the LSETF website.
The Executive Secretary of the LSETF, Mr. Akintunde Oyebode, said the Loan Application process is free and fair, open to all small business owners resident in Lagos State, irrespective of tribe, gender, religion or political affiliation.”
LSETF also provides beneficiaries with professional business trainings, helps promote SMEs through public procurement opportunities, fairs, exhibitions and awareness programmes. LSETF works at creating an enabling environment for small businesses operating in the state by working with relevant government ministries, departments and agencies to address issue arising, and policies that hampers the operation of SMEs in the state.