NMFB Launched New Portal For 10 Millions AGSMEIS Loan Application

Nirsal Microfinance Bank (NMFB) opens an improved and more customer-friendly AGSMEIS Loan Application Portal on 1st of April 2021 for its AGSMEIS Customer.

The following are what to expect from the new portal:
• Users can track their applications
• Feedback at every level
• Migration of all existing Applications to the new portal and much more
What is AGSMEIS?
The Agri-Business/Small and Medium Enterprise Investment Scheme 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
It’s also an initiative from the Central Bank of Nigeria (CBN) for SMEs to access up to N10M at 9% per annum.

How AGSMEIS Loan Scheme Work;
Get access to affordable loans to start and grow your business in 6 steps;

1. Get Trained:
Attend a compulsory training with a CBN certified Entrepreneurship Development Center (EDC).
2. Apply For Loan:
Attend a compulsory training with a CBN certified Entrepreneurship Development Center (EDC).

3. Receive Funds:
Loans are paid into the account of beneficiaries. Unqualified candidates are given feedback.
4. Get Business Support Service:
The Entrepreneurship Development Institute assists you to implement business plan and provide business support services commercially.
5. Make Sales:
Sell products and services to pay back loan and make profit.

6. Repay Loan:
Run your business, keep proper records, monitor sales and expenses to maximize profit and pay back the loan.
How To Apply For AGSMEIS Loan:
Interested applicants who wish to apply for the loan should visit AGSMEIS Loan Portal below and fill the required information.
For further enquiry, contact NMFB loan support on:-

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