₦50,000 to ₦5,000,000 in low-interest loans for Lagos businesses
The Lagos State Employment Trust Fund's core lending programme, providing affordable working capital and growth loans to micro, small and medium enterprises registered and operating in Lagos.
Use when
You run a Lagos-registered MSME with revenue and want affordable capital rather than equity dilution.
Skip when
You are pre-revenue and cannot service a loan, you are outside Lagos, or you specifically need non-repayable money.
Status (8 Sep 2026): applications run in cycles through the LSETF portal - check for the current window. Award: loans from ₦50,000 up to ₦5,000,000. LSETF reports having disbursed about ₦15 billion and supported 320,000 jobs over ten years. This is debt, not a grant - repayment terms and interest apply.
Alternatives
Equity-free acceleration plus up to $500,000 follow-on in Morocco
Kigali's venture studio and early-stage investor
Mini-MBA and seed prizes for Cameroonian women entrepreneurs
