Tens of thousands of loan applicants in Nigeria received bad news as they were sent sms that their loan application has been declined by government.

The applicants paid 10,000 naira for training and 5,000 for business plan. Only to receive the sad news after a year.

The loan is for AGSMEIS under Nirsal Microfinance Bank

The SMS reads "Dear Applicant, Kindly note that your loan application has been declined because your request does not meet our current Risk Acceptance Criteria. Thank you"


No official explanation for risk acceptance criteria has been made by NIRSAL on their social media pages.

Yeah I also received the sms yesterday. I wanted to use the money to grow my business bigger and better because am not the 'looking for government job' type of person. I believe self-employed and development is better than working for someone.

Well all is good, for those of us that got rejected, I say we mouveeee

Ndi ara

The applicants paid 10,000 naira for training and 5,000 for business plan.

is there a refund clause in the terms and agreement or why should the poor and hapless applicants be compelled to part with such huge amount in this trying times for a loan with already predetermined beneficiaries ?

Pls i din't reciev de sms ooo,

So funny that you guys believed those scammers at Nirsal Mfb,why didn't they review the sum downwards and disburse to this Nigerians who have waited for about a year for this nonsense,investing there time and scarce resources to get to this stage,only for them to be disappointed...little wonder why many youths are jumping into Yahoo business in Nigeria.
A scam of a nation without human consideration.

I didn't get the SMS. Was it only sent to those that have 100% completion status on their dashboard?

Maxymilliano:


is there a refund clause in the terms and agreement or why should the poor and hapless applicants be compelled to part with such huge amount in this trying times for a loan with already predetermined beneficiaries ?

No refund

lalasticlala
Front-page pls.

AustineE1:
So funny that you guys believed those scammers at Nirsal Mfb,why didn't they review the sum downwards and disburse to this Nigerians who have waited for about a year for this nonsense,investing there time and scarce resources to get to this stage,only for them to be disappointed...little wonder why many youths are jumping into Yahoo business in Nigeria.
A scam of a nation without human consideration.

It wasn’t a scam.. They recently paid those who applied for the SME and Household loans.

I was a beneficiary

Everybody must not qualify for the loan, same way everyone must not pass exam.

You have all been scammed.

[img]https://media1./images/ee303c39e3f3d56795c82157af11a411/tenor.gif[/img]

na wao

Yahoo government

Even for the household, nothing from them

Legalized scammers. What happens to the 10k they paid?

If you are in Abuja, and you need a loan to support your business, contact me. Thank you.

Meanwhile, those who are from the right section of the country have been paid by the same NIRSAL.

i did receive the text on monday even after opening an account with them.

Fraud

ANOTHER BANGER

jmoore:
Tens of thousands of loan applicants in Nigeria received bad news as they were sent sms that their loan application has been declined by government.

The applicants paid 10,000 naira for training and 5,000 for business plan. Only to receive the sad news after a year.

The loan is for AGSMEIS under Nirsal Microfinance Bank

The SMS reads "Dear Applicant, Kindly note that your loan application has been declined because your request does not meet our current Risk Acceptance Criteria. Thank you"


No official explanation for risk acceptance criteria has been made by NIRSAL on their social media pages.

It would have even been better assuming you use your money play nairabet instead of paying for training

15k x 1000 = N15m

YOU HAVE BEEN SCAMMED BY THE APC GOVT

N15000 * the number of applicants... This one na low profile hush puppi

Nigeria my country, smh

Hmmmmmm

Kk

Maxymilliano:


is there a refund clause in the terms and agreement or why should the poor and hapless applicants be compelled to part with such huge amount in this trying times for a loan with already predetermined beneficiaries ?

Refund

No be Naija we dey again? Of course, refund isn't possible.
It's a winner-takes-it-all-affair.

They paid #15k in total for application?

E dey enough to start business na, by the way how much be tradermoni?

Lobatan!