2021 AGSMEIS Loan: Nirsal Starts Massive Disbursement (500k to 750k)
2021 AGSMEIS Loan: Nirsal Starts Massive Disbursement (500k to 750k): Federal Government Microfinance Bank (Nirsal) has started disbursing cash to successful applicants who showed interest in the Agri-Business Small and Medium Enterprise Investment (AGSMEIS)
See AGSMEIS Loan 2022: agsmeisapp.nmfb.com.ng| How To Apply
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Amount disbursed to applicants depends on creditworthiness and the amount requested, applicants who are ye to be credited are to stay alert as funds are being released in batches
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.
Grow your business with NMFB your true MSNE partner.
HOW IT WORKS
Get access to affordable loans to start and grow your business in 6 steps:
Get Trained:
Attend compulsory training with a NIRSAL MFB certified Entrepreneurship Development Institute (EDI).
Apply For Loan:
Create an account by clicking on ‘Apply now’ as an applicant, validate your BVN and select a NIRSAL MFB certified Entrepreneurship Development Institute (EDI).
Receive Funds:
Loans are paid into the account of beneficiaries. Unqualified candidates are given feedback.
Get Business Support Service:
The Entrepreneurship Development Institute assists you to implement a business plan and provide business support services commercially.
Make Sales:
Sell products and services to pay back loans and make a profit.
Repay Loan:
Run your business, keep proper records, monitor sales, and expenses to maximize profit, and pay back the loan.
This loan scheme does not require collateral with an interest rate of five percent (5%) per annum.