How to access ₦3000.000 non-interes and collateral-free credit facilities from CBN
How to access ₦3000.000 non-interes and collateral-free credit facilities from CBN.
The Central Bank of Nigeria provides loans to small business owners up to three million naira (N3,000,000) in a nominal scheme;
Business Investment / Small Business and Medium (AGSMEIS).
To increase access to affordable and sustainable money Agri-Commercial, Micro, Small, and Medium Markets Business Administration (MSMEs).
JOB CREATION IN NIGERIA.
Improving agri-business management capabilities and MSMEs to expand the industry to large corporations in accordance with the Federal Government’s agenda to upgrade my section really and the integrated development tool.
QUALIFIED DEPARTMENT / BUSINESSES.
1. Agriculture & Agro-allied Processing
2. Art & Entertainment
3. Motor Services
4. Fashion and Clothing
5.Food Goods & Event Management
6. Courier & Service Provider
7. Innovative factories
8. Clothes and Clothes
9. I.C.T
10. Cottage Industry
11. Journalist
12. Publishing
13. Communication
14. Blacks
15. Health Services
16. Walda and invent
17. Animal Husbandry
18. Cosmetics, Beauty, and Makeup Technology
19. Electricity and Electricity
20. POP and Tiling
21. Carpentry
22. Mason
23. Curbs and Electric Pole Yin
Modalities
Funding under the Plan will be to start, expand business, or revitalize unhealthy companies.
The terms of the loan should be as follows;
THE TERMS OF THE LOAN SHOULD BE AS FOLLOWS.
one should apply for N3,000,000
Profit: 5% per annum and 0% for AGSMEIS.
Tenor: Up to 7 years (depending on weather / time) gestation of work)
To be eligible for the AGMEIS loan, there are others conditions that must be met:
1. Job seekers must receive training from CBN Center for Entrepreneurship Development (EDI).
2. Interested applicants will apply for a loan through EDI and CBN trust them
3. The application will then be sent to the CBN by
NIRSAL MFB by EDI, to manage it.
4. Those who are eligible for the loan will be contacted.
5. Fill out the form clearly with all the required details,
sign, and be validated by EDI.
Requirements either during the application or before approval /
final delivery
1. BVN
2. Certificate from CBN certified EDI
3. Two (2) Details Warranty
4. Valid ID card
5. Business Plan provided by EDI