HASAL Microfinance Bank: Procedures In Apply For Loans And Their Branches In Nigeria

HASAL Microfinance Bank is an Abuja based microfinance Bank which over the years since inception has spread its operation across the capital city Of Abuja. In December 2005, The Central Bank of Nigeria (CBN) launched the Microfinance Policy, Regulatory and Supervisory Framework for all stake holders in the Microfinance Market in Nigeria. HASAL Microfinance Bank Limited applied for the License to be a major player in the industry in 2008 and commenced operations just immediately once the license was issued on 2nd October, 2008.

The bank commenced operations with all its Shareholders funds of around $148.8 and then grew it by additional capital of $1.5m before the end of their 1st financial year, with the aim to provide micro credit to customers in Abuja with broad range of business and personal banking services.

 

Below Are The Different Types Of Loans And Their Requirements

1. HASAL MICRO LOAN

Features

• Gives Loans of up to N500,000.
• The Loan is Collateralized by Third (3rd) Party Guarantee/Guarantor.
• A Hand Written Application Form is required.
• You Must be a Customer of the Bank.
• An Evidence of Existing Business.

Note – Evidence of Capacity to repay must be seen from Obligor and Guarantor.

 

Loan Requirements

• Duly Filled Loan Application Form
• Duly Completed Personal Guarantee Form
• Passport Photograph of the Guarantor
• Post Dated cheque Covering Principal and Interest From the Guarantor
• A Copy of the Guarantors Form of Acceptable Identification.

 

2. HASUSU LOAN

Features

• Loans up to N500,000
• Hand written Application Form
• Must have the Account for Six (6) Weeks

 

Target Market

• Traders or Individual with Cash Flow

 

Requirement

• Duly Filled Loan Application Form
• Evidence of Consistent Savings
• Daily Savings Must Continue Even After Loan has been Disbursed
• Savings Serve as Equity Contribution for Project Financial Loan

 

Documentation

• Duly Filled Account Opening Form
• Duly Filled Account KYC Form
• 2 Recent Passport Photographs
• Photocopy of a Valid Identity Card, National ID, Drivers License or International Passport. (Original Must be Sighted).

 

3. HASAL SME LOAN

Features

• Loans from N500,000 and Above

Collaterised with tangible/Valuable Asset, this can be:

• Landed Property with Good Tittles
• Lien on Cash (Fixed Deposit)
• All Assets Debunture (Fixed and Floating)
• Third Party Guarantee Backed with Notarized Statement of Personal Net Worth and a Cheque.

 

Requirement

• Duly Filled Loan Application Form
• Duly Completed Personal Guarantee Form
• Board Resolution for the Loan
• Duly Filled KYC Form

 

READ ALSO: Accion Microfinance Bank In Nigeria: How To Obtain Loan And Their Branches In Lagos

 

OTHER LOAN PRODUCTS

Overdraft

• HASAL Traders Express (HATREX Idividual)
• HASAL Traders Express (HATREX Corporate)
• Joint Liabilty Group Lending

To Apply for loans, kindly call any of the Branches below for further assistance.

 

HASAL Microfinance Bank Branches In Nigeria

Head Office
Plot 1652,
Ahmadu Bello Way,
Garki District, Abuja.
0812-394-1521

 

Wuse Branch
Plot 2105,
Herbert Macaulay Way,
Zone 6, Abuja.
0812-394-1525

 

Nyanya Branch
Chris Gold Plaza
Keffi High Way, Abuja
0812-394-1546

 

Dutse Alhaji Branch
Plot 70b Police
Station Road, Dutsen
Alhaji, Bwari Area Council
0812-613-0772

 

Wuse Market Cash Centre

1st Floor Christie House

Wuse Market

0812-394-1515

 

Abaji Cash Centre

Shop 1, Opp. Bank of Agric,

Sabon-gari Road,

Along Toto Road, Abaji.

 

READ ALSO: Finatrust Microfinance Bank: How To Apply For Loan Online And Their Branches In Nigeria

 

You can also contact us

on the following sources:

E-mail : info@hasalmfb.com

Tel : 0812-394-1500

 

Dei – Dei Branch
Shop A3/372 Dei-Dei
Building Material
Market
Dei – Dei
0812-394-1512

 

Garki Market Cash Centre
Block C10, Shop
30 Mustajeed
Street, Garki Model
Market.
0812-391-532

 

Kado Market Cash Centre
Store LS 76
Kado Market
0812-394-1523

 

Kugbo Branch
2nd Gate,
Kugbo Furniture
Market
0812-394-1560

 

Utako Market Cash Centre

Warehouse

line 83 Utako Model Market

0812-394-1528

 

Mpape Cash Centre

Suite Chosen Plaze,

Beside Ecobank PLC,

Mpape.

0812-394-1518

 

Murg Plaza Cash Centre

1 Akwa Street, Opposite

UTC Area 10, Garki

0812-394-1556

 

Bwari Cash Centre

Shop No 6,

Alhaji Musa Ijakoro Plaza Bwari

Opp. JAMB Headquarter

0812-394-1529

 

Gwagwalada Branch

Plot kkv1, One way road,

Behind Gwagwalada

Main Market.

Gwagwalada Area Council.

Abuja.

0812-394-1542

 

Kuje Cash Centre

Anthony Shopping

Complex, Secretariat junction,

Kuje . 0812-394-1542

 

Kurudu Cash Centre

NADACHI Plaza,

Cadastral Road,

Kurudu.

0812-394-1546

 

Kubwa Market Cash Centre

Plot 146, Jacob Nyako Street,

Along Kubwa Market Road,

Kubwa.