Questions?  Contact Us or Call 0808 527 1234 PAGES | PRICING | BLOG | EVENTS | SHOP

Log in
Register



Access to Easy and Affordable Loans for Small Businesses in Nigeria gets a Boost

Written by
NIRSAL National Microfinance Bank NIRSAL National Microfinance Bank NIRSAL National Microfinance Bank

Lack of access to credit is a major hurdle and setback for Micro, Small and Medium Enterprises in Nigeria. And that is precisely what NIRSAL National Microfinance Bank is set to reverse. Find out how!

The Bankers’ Committee established the Agri-Business, Small and Medium Enterprise Investment Scheme (AGSMEIS) initiative in 2017.

The AGSMEIS Scheme supports government’s initiatives for the promotion of agro-businesses, micro, small and medium enterprises (MSMEs) as vehicles for sustainable economic development and job creation in Nigeria.

To accomplish this objective, these target groups must have easy access to affordable loans. Lack of access to credit is a major hurdle and setback for Micro, Small and Medium Enterprises in Nigeria.

And that is precisely what NIRSAL National Microfinance Bank is set to reverse. NIRSAL is licensed by the Central Bank of Nigeria (CBN) to operate as a National Microfinance Bank, with branches in all the 774 Local Government Areas in Nigeria.

As an interventionist Microfinance Bank, NIRSAL will disburse loans at an annual interest rate of 5%, and with no collateral requirement - except for large loans. Under the AGSMEIS Scheme, the loan amount obtainable was capped at ₦10 million.

Available Products and Services include Micro-savings, Micro-loans, Agricultural Finance, Small and Medium Enterprises Loans, Group Loans, Lease Finance, Consumer Finance and School Finance.

There are various Savings and Current account types amongst which are the NIRSAL MICROFINANCE BANK Quick Access Corporate Savings/Current Accounts for both Individuals (persons or partnerships) and Corporate Bodies (Limited Liability Companies, Registered Businesses, and NGOs).

Now you no longer have any excuse for not starting that dream business or project of yours. If you're in Aba or Umuahia, visit Aba or Umuahia main Post Office; or contact Aba Chamber of Commerce, Industry, Mines and Agriculture (ACCIMA) secretariat for further guidelines. Outside Aba, please visit your City Chamber of Commerce.

You may also be interested in:
How to Apply, Qualify and Get the Central Bank of Nigeria Small Business Loans 2020

To know more about NIRSAL Bank, visit their website at https://www.nmfb.com.ng/index.html

To activate your Loan Application visit: https://nirsalmfb.caderp.com/account/landingpage

 

© Jay Onwukwe

Read 4868 times

Leave a comment

Disclaimer: You are solely responsible for your posts on Aba BUSINESS Blog.

45 comments

  • Comment Link James Laker Tuesday, 30 June 2020 00:48 posted by James Laker

    Good day dear esteemed readers, i am James Laker, a truck driver in South Carolina USA, i want to use the medium to share a brief testimony on how i got a loan online after running from high interested rate and was also scam online by 1 company named Ruby Hernendez Loan Company, i promised never to apply a loan online until one faithful day when a fellow nurse working in the same hospital with my wife told her how her husband got a loan that help him invest in Gold and Silicon oil business and the interest rate was low, after the discussion my wife ask for the lender details and she gave her the email of the God sent lender, my wife sent me the details and we contacted them via email; ( Havillahloanfirm@yahoo.com ) a God fearing Man, and they emailed asap to my surprise, so i followed the steps and today i am happy to tell you i and my family was offered a loan of $150,000.00 which we are using to set up a good business, if any of you reading needs a loan with security and best assured company do contact Havillah Loan Firm Inc ( Havillahloanfirm@yahoo.com ) today and i promise you that this reputable loan company would meet to you request. Thanks & God Bless You.

    Report
  • Comment Link Jay Onwukwe Monday, 22 June 2020 15:56 posted by Jay Onwukwe

    To ALL those who need Money to start or boost their Business, please activate your Loan Application by visiting: https://nirsalmfb.caderp.com/account/landingpage

    Report
  • Comment Link DAMISA OJO Monday, 22 June 2020 14:17 posted by DAMISA OJO

    I need a loan of #350,000.00 only for the wet season cassava farming project.

    Report
  • Comment Link Muhammad rasheed abdullahi Saturday, 20 June 2020 14:19 posted by Muhammad rasheed abdullahi

    I Muhammad rasheed abdullahi I need a loan for five hundreds thousands to invest my business in abuja.

    Report
  • Comment Link Okpara John Saturday, 20 June 2020 11:53 posted by Okpara John

    I Mr okpara john I need a loan of one million naira to support my business at port Harcourt Rivers state of Nigeria

    ******
    To activate your Loan Application visit: https://nirsalmfb.caderp.com/account/landingpage

    Report
  • Comment Link Christian James onyemachi Saturday, 20 June 2020 08:20 posted by Christian James onyemachi

    I need a loan to build up my business from Aba Abia state.

    Report
  • Comment Link Yakubu Saturday, 20 June 2020 04:42 posted by Yakubu

    I was born in Bida Loca government

    Report
  • Comment Link Saifullahi Friday, 19 June 2020 00:11 posted by Saifullahi

    I need investing to my business at Kano

    Report
  • Comment Link Saifullahi Friday, 19 June 2020 00:11 posted by Saifullahi

    I need investing to my business at Kano

    Report
  • Comment Link Abdullahi abubakar Thursday, 18 June 2020 20:03 posted by Abdullahi abubakar

    Abdullahi abubakar

    Report
  • Comment Link Ibrahim abdullahi Thursday, 18 June 2020 18:18 posted by Ibrahim abdullahi

    I Ibrahim him abdullahi I need a loan for one milion naira to used for my business

    Report
  • Comment Link Ibrahim abdullahi Thursday, 18 June 2020 18:18 posted by Ibrahim abdullahi

    I Ibrahim him abdullahi I need a loan for one milion naira to used for my business

    Report
  • Comment Link Ahmad Rukayyat Thursday, 18 June 2020 18:03 posted by Ahmad Rukayyat

    I need money to host my bussinee becouse I have no big capital

    Report
  • Comment Link Ahmad Rukayyat Thursday, 18 June 2020 18:03 posted by Ahmad Rukayyat

    I need money to host my bussinee becouse I have no big capital

    Report
  • Comment Link Ahmad Rukayyat Thursday, 18 June 2020 18:03 posted by Ahmad Rukayyat

    I need money to host my bussinee becouse I have no big capital

    Report
  • Comment Link Kabiru ali Wednesday, 17 June 2020 12:45 posted by Kabiru ali

    I need to improve my business because I don't have enough money

    Report
  • Comment Link Jay Onwukwe Tuesday, 16 June 2020 14:12 posted by Jay Onwukwe

    Activate your LOAN APPLICATION here: https://nirsalmfb.caderp.com/account/landingpage

    Report
  • Comment Link Jay Onwukwe Tuesday, 16 June 2020 14:12 posted by Jay Onwukwe

    Activate your LOAN APPLICATION here: https://nirsalmfb.caderp.com/account/landingpage

    Report
  • Comment Link Jay Onwukwe Tuesday, 16 June 2020 14:11 posted by Jay Onwukwe

    Start here: https://nirsalmfb.caderp.com/account/landingpage

    Report
  • Comment Link Jay Onwukwe Tuesday, 16 June 2020 14:10 posted by Jay Onwukwe

    Activate your LOAN APPLICATION here: https://nirsalmfb.caderp.com/account/landingpage

    Report

Aba BUSINESS Blog

Small BUSINESS Idea

Contact Us

    Questions? 0808 527 1234 

Search

Clear