FAMILY ECONOMIC ADVANCEMENT PROGRAMME (ESTABLISHMENT, ETC.) ACT

Section 30: Loan procedure

1997Section 30 of 39Federal Republic of Nigeria

A request for the grant of a loan under this Act shall be made on the Programme's approved application form obtainable from any of the branches of the participating banks and shall have attached to it-(a) a copy of the certificate of registration of the association or group issued by the Board;
(b) a pro-forma invoice duly executed by the agency where the equipment purchase is required;
(c) a photocopy of the customer's pass book or statement of account;
(d) two recent passport photographs-
(i) of the leader and treasurer of the association or group who shall both be signatories to the account; and
(ii) which shall bear an attestation by the guarantor of the loan at the bank.

Cite this section

Section 30, FAMILY ECONOMIC ADVANCEMENT PROGRAMME (ESTABLISHMENT, ETC.) ACT (1997).

https://repo.podus.ai/laws/family-economic-advancement-programme-establishment-etc-act/section/30/