Access to capital is one of the biggest challenges small business owners face. At Cedrus MFB, we make financing simple. In this post, we break down five practical ways entrepreneurs can use microloans to expand operations, invest in equipment, or boost inventory. Whether you run a shop, a salon, or a logistics service, these tips will help you maximize every naira.

Getting a loan doesn’t have to be complicated. This quick checklist helps you prepare everything you need before applying—from knowing your credit worthiness to understanding your repayment plan. We also include tips on how to improve your chances of approval