How to Grow your business with NIRSAL Microfinance Bank, your true MSME Partner. Access CBN loans and Grant for small businesses. This post will gives you direction on how to register and apply online for free.
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.
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CBN SME 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.
How to Apply for NIRSAL CBN Loan
For more information and to apply, visit http://nirsalmfb.caderp.com/account/landingpage
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