Full-Service Party & Event Equipment Rental

Rent complete event setups: chairs, tables, canopies, lights, backdrop, photo booth, and DJ equipment as a package. One full "party package" rented per weekend earns ₦150k–₦500k with near-zero marginal cost.

Monthly Potential

₦5k–₦200k

Difficulty

Intermediate

Capital Needed

₦2,500,000

Income Period

Per Week

🧠 Skills You'll Need

Events Asset Business Recurring Event Chairs & Tables LED Lighting Canopies (Marquees) Photo Booth Machine Delivery Van

📍 Works Best In

Lagos Abuja Port Harcourt Nationwide

🚀 How to Get Started

1

Build inventory: 300 chairs, 50 tables, 10 canopies, LED uplighting, backdrop stand, photo booth (₦1m–₦2m total)
2

Create 3 packages: Economy (chairs + tables), Standard (add canopy + lights), Premium (add backdrop + photo booth)
3

Price: Economy ₦80k, Standard ₦150k, Premium ₦300k per event — all-inclusive for one-day rental
4

Market to event planners, churches, families celebrating weddings, and corporate event managers
5

Add a delivery + setup service at ₦30k–₦80k extra — clients are happy to pay for convenience

🎓 Sign Up Free to Get Full-Service Party & Event Equipment Rental Course

💰 Ways to Fund This

National MSME Awards Grant (FG "Renewed Hope for MSMEs")

₦100,000–₦5,000,000

Grant

Registered or registering Nigerian MSME (CAC registration usually required or fast-tracked). Application windows open periodically, not year-round.

📊 Non-repayable grant — no interest, no repayment.

🌐 Apply

SMEDAN Programmes (free registration, training, grant windows)

₦0–₦3,000,000

Government Fund

Nigerian-owned micro or small business. Free CAC business name registration via the CAC-SMEDAN partnership is a common entry point.

📊 Varies by scheme — many components are free or grant-based; some link to subsidized loans.

🌐 Apply

NIRSAL Microfinance Bank — AGSMEIS (Agri-Business/SME Investment Scheme)

₦500,000–₦10,000,000

Microloan

Nigerian SME or agribusiness owner; must complete a NIRSAL-approved Entrepreneurship Development Institute (EDI) training and get a completion certificate before disbursement.

📊 9% per annum interest (non-interest/Sharia-compliant option also available) — well below commercial or fintech rates. Up to 18-month moratorium before repayment starts.

🌐 Apply

NIRSAL Microfinance Bank — Targeted Credit Facility (TCF)

₦50,000–₦25,000,000

Microloan

Nigerian household, micro-enterprise, or small business; originally COVID-era, has continued as a general SME/household facility — confirm current status before applying.

📊 5% per annum interest — among the cheapest business credit available in Nigeria.

🌐 Apply

⚠️ Informational only — not financial advice. Confirm current terms directly with each provider before applying, and borrow only what you can repay.