Step 1 of 2
Asset Facility Financing Agreement
Association of Women in Fashion-Tech (WIFT) - Financier Agreement
1. Beneficiary Details
Full Name of Beneficiary *
Phone Number *
Email Address *
Residential / Business Address *
National ID Number (NIN) *
2. Asset Details & Repayment Plan
Asset Selected *
-- Select Machine --
Emel Industrial Straight Sewing Machine (₦370,000)
Emel 4-Thread Overlock Direct Drive (₦450,000)
Emel Heavy Duty Industrial Steam Iron (₦70,000)
Emel Industrial Button Attaching Machine (₦675,000)
Emel Industrial Buttonhole Machine (₦1,920,000)
Emel 5-Thread Coverstitch Servo Motor (₦710,000)
Emel 5-Thread Coverstitch Direct Drive (₦735,000)
Repayment Period *
-- Duration --
3 Months Plan
6 Months Plan
9 Months Plan
Serial Number (Optional)
3. Guarantor Requirements (2 Required)
Guarantor 1
Name *
Phone *
Address *
Occupation *
Guarantor 2
Name *
Phone *
Address *
Occupation *
4. Terms Summary & Enforcement Consent
Key Provisions:
• Ownership remains with WIFT until full repayment.
• Asset cannot be sold, leased, pledged, or modified.
• Default occurs on missed payments, false info, or concealment.
• Enforcement includes Written Reminder, Guarantor Notification, Recovery Notice, Repossession, and Legal/Police Action where fraud is suspected.
I confirm that I have read, understood, and agree to the WIFT Financing Agreement terms.
Proceed to Form 2 (Legal Undertaking) →