Is 2023/2024 NIRSAL CBN AGSMEIS Loan Application Still Ongoing?

We have received several questions from our audience asking us if the CBN AGSMEIS Loan Application is still ongoing. In this article, you will be given detailed information about it.

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What is AGSMEIS?

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.

Loan Eligibility                          

Registered business name (Enterprise or Limited Liability)

How Does It Work

Step 1

Get Trained

Attend a compulsory training with a CBN certified Entrepreneurship Development Center (EDC).

Step 2

Apply For Loan

The Entrepreneurship Development Institute (EDI) guides and assists you in getting all necessary documents required to secure the loan

Step 3

Receive Funds

Loans are paid into the account of beneficiaries. Unqualified candidates are given feedback.

Step 4

Get Business Support Services

The Entrepreneurship Development Institute assists you to implement business plan and provide business support services commercially.

Step 5

Make Sales

Sell products and services to pay back loan and make profit.

Step 6

Repay Loan

Run your business, keep proper records, monitor sales and expenses to maximize profit and pay back the loan.

Note: The NIRSAL CBN AGSMEIS Loan Application is still ongoing. If you have fully meet the NIRSAL CBN AGSMEIS Loan eligibility, you are free to apply. Check the application link below;

READ ALSO:

• NIRSAL AGSMEIS Loan Application Portal 2023 | www.agsmeisapp.nmfb.com.ng
• How To Track Your NIRSAL CBN AGSMEIS Loan Application Online
• FAQs On 2023/2024 NIRSAL AGSMEIS CBN Loan Application

How To Apply For NIRSAL CBN Loan

For more information and to apply, visit https://agsmeisapp.nmfb.com.ng/

You can also Click Here for a guide on How to Track Your NIRSAL CBN AGSMEIS Loan Application.

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