COVID-19 Loan & AGSMEIS Loan Application 2021/2022
We are pleased to inform you that Targeted Credit Facility (TCF) for COVID-19 & Agri-Business/Small and Medium Enterprise Investment Scheme (AGSMEIS) Non Interest Loan Application Form and Portal has been reopened by NIRSAL Microfinance Bank (NMFB) and Central Bank of Nigeria (CBN) in line with the CBN's decision to extend a non-interest window to businesses and households that have been impacted negatively by the Covid 19 pandemic.
Towards the end of this article, you will know how to apply and register successfully for Targeted Credit Facility for COVID-19 & AGSMEIS Loan Application Form 2021/2022 and requirements for interested Nigerians affected by Covid-19 pandemic across the 36 States.
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Read through carefully to understand what is TCF and AGSMEIS before applying for this opportunity.
Requirements for 2021/2022 Targeted Credit Facility for COVID-19 & AGSMEIS Loan Application Form
- MSME with 1 5 staff and verifiable evidence of business activities adversely affected as a result of the pandemic with evidence of job protection for its staff.
- Hospitality businesses, health (pharmaceuticals and medical supplies) Airline service providers, manufacturing/value addition, trading, and any other income-generating activities as may be prescribed by CBN and are Shari'ah compliant.
- The financing limit for MSME's is N2,500,000 while Household is N1,000,000.
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How to apply for Targeted Credit Facility for COVID-19 & AGSMEIS Loan Application Form
Nigerians Interested Applicants should apply via this link: https://www.nmfb.com.ng
Targeted Credit Facility (TCF) for COVID-19 Application
Due to Coronavirus Disease (COVID-19) pandemic which has rendered most business useless, the Central Bank of Nigeria (CBN) in its manner has introduced the N50 billion Targeted Credit Facility (TCF), as a stimulus package to support households and Micro, Small, and Medium Enterprises (MSMEs) affected by the COVID-19 pandemic.
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AGSMEIS Loan Application Form
The Agri-Business/Small and Medium Enterprise Investment Scheme (AGSMEIS) is an initiative to support the Federal Government's efforts and policy measures for the promotion of agricultural businesses and small/medium enterprises (SMEs) as vehicles for sustainable economic development and employment generation.
Apply Online Here
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