Loan
LSETF Micro Enterprise Start Up Loan
Lagos State Employment Trust Fund
This one needs checking again. Open the organisation's own page before you spend time on it, and tell us if it has changed.
At a glance
- Deadline
- Needs a re-check. Last checked 8 September 2026.
- Fee
- No fee to apply
- Who may apply
- a micro enterprise start-up in Lagos State, registered on LASSRA
- starting or newly running your own business
- a vocational training certificate from a Lagos State recognised certifying body
- Where
- Lagos State, Nigeria
A loan you pay back: N50,000 to N250,000 at 9 per cent a year for a Lagos business that has not been trading a year yet. No bank statement is asked for, but you do need a vocational training certificate from a body Lagos State recognises.
The facts
- What you get
- N50,000 to N250,000 per person at 9 per cent a year over 12 months. Equity contribution 5 per cent of the loan size.
- Where
- Lagos State, Nigeria
- How long
- 12 months
- Share of the prize or equity they take
- None taken in the business.
Where you stand
This one is free. There is no fee to apply, and nobody should ask you for money at any point.
What they ask for
- a micro enterprise start-up in Lagos State, registered on LASSRA
- starting or newly running your own business
- a vocational training certificate from a Lagos State recognised certifying body
- a LASSRA ID, a Lagos Internal Revenue Service tax ID, a government ID and a BVN
Get ready to apply
Built only from what this listing states. Tick as you go; the ticks stay on your phone and are not sent anywhere.
The application takes real work, by our reading.
1. What to get ready
It also names something beyond these; read their words below.
In their words: “LASSRA ID, Tax ID (LIRS), valid government issued identity card, Bank Verification Number, 1 passport photograph, and a vocational training certificate from a Lagos State-recognised certifying body.”
2. Dates
- No closing date is stated.
- Openings with no closing date can close once they have enough people, so sooner is safer. Our advice
Download checklist (.txt) Send to WhatsApp
The download is a small text file. You can read it later without data. It also lists each condition they set, so you can tick yourself against them. WhatsApp sends the same list to you, or to somebody helping you.
No CV yet? Make a plain one from your answers. Nothing you type is kept.
Tips for applying for a loan
General advice from us, the same for every loan. It is not what this organisation says; that is above.
- Find the repayment terms first: the interest, the fees, how long you have, and what happens if you pay late.
- Work out the monthly amount and check you could pay it from what you earn.
- Check who is lending. A real lender never asks you to pay before you receive the money.
If there is an interview or a test
- Be ready to show your numbers: what you earn, what you spend, what the money is for.
All our tips and messages to copy. Practise answering, with nothing kept. Received an offer? Check whether it is real, then read before you say yes.
How to apply
Several listings link to this page. Look for "LSETF Micro Enterprise Start Up Loan" from Lagos State Employment Trust Fund.
You apply on Lagos State Employment Trust Fund's own website, not here. We never send an application for anybody and we never ask you for anything to pass on. Check their page for anything not shown here.
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How we checked this
This was last opened and verified at Lagos State Employment Trust Fund's own website on 8 September 2026, and needs checking again. If anything here is wrong, tell us.