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Group Business Loan

Grow Together with Unity Loan.

Unity Loan provides responsible group financing that helps members grow their businesses while building accountability, trust and financial discipline.

Apply for Unity Loan Become a Member
South-East Nigerian market traders meeting as a savings and loan group
Group Lending

What is Unity Loan?

Unity Loan is a group-based business loan designed for members who support one another through shared responsibility, weekly meetings and disciplined repayments.

Strength in Numbers

Unity Loan is built on the principle of collective responsibility. When your group succeeds together, everyone benefits. Weekly meetings keep everyone accountable and motivated.

Key Features

Designed for business groups who value collaboration, accountability and shared growth.

16 Weeks Tenor

Structured repayment over 16 weeks with a manageable weekly schedule.

Weekly Repayment

Repay weekly in structured instalments that align with your group's cash flow.

Group Lending Model

Collective responsibility and peer accountability drive the lending process.

Compulsory Savings

Build your savings throughout the loan cycle — securing your financial future.

Transparent Charges

Clear charges in line with the approved product policy — no hidden fees.

Eligibility

To qualify for Unity Loan, you and your group must meet the following requirements.

Registered Nobles Cooperative member
Membership in an approved Unity Loan group
Successful credit assessment
Business verification
Compliance with group lending requirements

How It Works

Getting started with Unity Loan is simple. Follow these five steps.

1
Join or Form a Group

Join an approved Unity Loan group or form one with fellow members.

2
Complete Application

Apply for Unity Loan through the Nobles Vault app or at our Awka office.

3
Verification & Appraisal

Provide BVN, NIN, business and group verification documents.

4
Receive Approval

If eligible, your group loan is approved and disbursed.

5
Weekly Meetings & Repayment

Attend weekly meetings and repay according to your group schedule.

Loan Structure

Unity Loan is built around group accountability and disciplined savings.

16 Weeks Repayment

Weekly repayments
Structured payment schedule
Weekly group meetings
Peer accountability

Savings Requirements

20% compulsory savings before disbursement
Weekly savings during loan cycle
Group purse contributions
Approved charges in line with product policy

Group purse contributions and approved charges apply in accordance with the product policy. All terms are confirmed during cooperative appraisal.

Required Documents

Prepare these documents before starting your group application.

BVN and NIN
Passport photograph
Business verification documents
Group membership records
Additional documents required during appraisal

Frequently Asked Questions

Quick answers to common questions about Unity Loan.

A Unity Loan group is a registered circle of Nobles Cooperative members who meet weekly to support each other, save together, and collectively manage loan repayments. Groups foster accountability and shared success.

A minimum of 5 registered members is required to form an approved Unity Loan group. All members must be in good standing with Nobles Cooperative.

Before loan disbursement, 20% of the approved loan amount is collected as compulsory savings. This helps build a financial cushion for each member and the group.

Yes, active members in good standing can join or form a Unity Loan group. You'll need to complete the group registration and verification process.

Unity Loan operates on collective responsibility. The group works together to address defaults through weekly meetings. If issues persist, the group may need to restructure the repayment plan.

Build Your Business with the Strength of Your Group.

Apply for Unity Loan today and grow together with your group.

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