We are pleased to notify the general public that the federal government has commenced the disbursement of AGSMEIS LOAN.
Applicants are advised to check their dashboards to confirm their loan approval.
The Central Bank of Nigeria, Tuesday, commenced massive disbursement of the Agri-Business/Small and Medium Enterprise Investment Scheme Loan, popularly known as AGSMEIS Loan, to thousands of applicants across the federation.
RECOMMEND: CBN CIFI GTBank Loan 2021 Application Portal & How to Apply Online
Many applicants of the Scheme who had completed all the processes for accessing the fund, confirmed to have received their loan credited into their Bank Accounts.
Applicants of the Loan Scheme are encouraged to check their loan status by visiting https://agsmeis.nmfb.com.ng, entering their Bank Verification Number (BVN), and clicking on the “Validate” button.
The Agri-Business/Small and Medium Enterprise Investment Scheme (AGSMEIS Loan) 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.
In the scheme, an interested applicant can access up to N10 million long-term loan without Collateral at 5% interest per Annum till 28th February 2022, then a 9% interest rate for the rest of the duration. It usually comes with 12 Months Moratorium.
How to Access the AGSMEIS Loan
With the launch of a new website https://agsmeisapp.nmfb.com.ng by the Nirsal Microfinance Bank, applicants can easily Register and track/monitor their progress in their dashboards even with a simple Smartphone.
The basic and most assuring step in accessing the AGSMEIS Loan is to register with a CBN accredited Entrepreneurship Development Institute (EDI) in your State. The rest of the steps can be completed through the assistance and services of the EDI.
Registering for the AGSMEIS Loan Scheme, choosing an EDI, completing the requisite process and more are simple and have been detailed in the art.
The AGSMEIS just like other CBN Intervention Programmes such as COVID-19 Targetted Credit Facility, the Nigeria Youth Investment (NYIF), and Anchor Borrowers Programme have remained the most accessible and most targeting approach in promoting the Micro, Small, and Medium industries in Nigeria through soft loans.
SEE ALSO: NPower Batch C Latest Update: Training of States & Local Government Monitoring Team Ongoing
If you need us to help you with more updated information about AGSMEIS LOAN, kindly feel free to ask any question in the comment box below. You can also provide us your phone number or email Address for more updates.
Please, kindly use the Facebook, Twitter, Google+ and WhatsApp share buttons below to help others, thanks.
Wazobia Info Nigeria
Always Serving You Better.
Kaltumibuba
Business
EMMANUEL GEORGE
how can i applh
EMMANUEL GEORGE
hi, what can i do to be part of thisloan
Nnaji Osmond Amaobi
Please, is there any further steps to be applied by applicants after loan approval, in order to get disbursement?
Sadeeq Mohammed Sani
May Allah bless Nigeria n u
Khadijat isa
Hi how can I app
Getrude o
How can i be part in this loan for a business i am longing for
Getrude O
I will be great full to be among the choose one God bless
Favour Evromojo
Please I need your help with money for my business thanks
Maureen Ashley Yongu
How do I get no that an choose
Benjamin Ade Japheth
I will be grateful to be chosen
Isah Abdullahi
Appreciate
nkechi
i could not see how to pay online like you said.how can one pay
nkechi
which bank is one paying to.the account opening portal is not there pls check it
Victor Isaiah
Please, Federal Government kindly help me with money.. I want to start a small business🙏🙏
Victor Isaiah
I pray and hope I should be part of the beneficiaries