The Micro, Small and Medium Enterprises (MSME’s) are crucial to the development of a country’s economy, especially an emerging economy like Nigeria. Research have shown that the growth of MSMES is sine qua non to national development, poverty eradication and employment generation.

Jaiz Bank recognizes the role MSME’s play in empowering individual and growing the economy at large and it is because of this that the Bank makes financing MSMEs its major area of focus which is in line with our Mission of “Making Life Better Through Ethical Finance”


√ The business must be in existence for at least one (1) year

√ The business must have a very good cash flow and turn over

√ The business should be registered with CAC (optional but strongly recommended)

√ The business must have an account with the Bank

√ The business must have run the account for atleast 3 months. 


• Items/Product to be financed must relate to the core business of the customer

• Satisfactory profitability history

• Business must have spent a minimum of 6 months in a licensed/registered/approved business premises.

• Membership of relevant association/cooperative/union etc (if any)

• Existing, Credible and Verifiable Customer base

• Reliable Financial bank statement or records for atleast 6 months

• Favorable credit reports from relevant Institutions

General Application Requirements:

√ Customers application

√ Comprehensive Profile of the Business/Owners

√ 12 months statement of account (where available)

√ Current Certificate/License/Permit or Membership (where applicable)

√ Cash flow projection with verifiable notes/assumptions

√ Payment plan

√ Any other supporting documents to affirm the request.

In addition to the above, there are other additional specific requirements depending on the business, type of financing required (murabaha or ijarah), the amount involved and other considerations.

For further enquiries on any of our products and services kindly contact us on 07080635500, 07080635555 or email us: customercare@jaizbankplc.com

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