The Federal Government of Nigeria’s N75 Billion, single digit intervention loan for Micro, Small, and Medium Enterprises (MSMEs), is now activated. Apply now and get your loan!
The Bank of Industry (BOI) is calling on all investors and business persons to come forward and take advantage of the Federal Government's N75 Billion MSME Intervention Program, designed to empower Micro, Small, and Medium Enterprises (MSMEs) across Nigeria.
Small businesses can now obtain single digit loans of up to N5m (five million Naira). The interest rate is 9%. The tenure is three years. The aim is to help small businesses scale up productivity, create jobs, and drive economic growth.
Tell me more about the Loan
The 75 Billion FGN Intervention Fund is a loan to support MSMEs in their business operations. It is a loan to be repaid over a three years period. Repayment begins three months after disbursement.
Each business is eligible for a maximum loan amount of N5 million. The interest rate for the loan is 9% per annum (all inclusive).
Tap the link to learn more: Learn More
Who is eligible?
Any registered business with Corporate Affairs Commission in Nigeria; this includes Sole Proprietorships, Partnerships, Enterprises and Limited Liability Companies. Start-ups and existing businesses can apply.
Loan Application Process:
Submit Application
Fill out our online application form with the required information.
Tap to Start Your Application
Document Verification
Provide the necessary documents to support your application.
Loan Approval
Our team will review your application and provide a decision.
Fund Disbursement
Once approved, we'll disburse the funds to your designated bank account.
Contact Information
This email address is being protected from spambots. You need JavaScript enabled to view it.
+234 700 225 6264
+234 700 055 1111
Website: https://fgnboimsmeinterventionloan.boi.ng/
Lagos Office: Bank of Industry, 23 Marina Road, Lagos, Nigeria
Aba Office: ACCIMA Secretariat, Umuimo Road, by UBA, Aforule Market.
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