Apc is an EVIL. l was truly scammed.

Apc is an EVIL party. I was truly scammed.

aAK1:
Stupid people. I applied and was told they would contact me in 24 hours. Till now, no call

Please bro how did you go about applying for it?

it's not about the application fees or applying fornthe loan but if the loan will get to you after the whole process.......cos at the end it will be "man know man" thing!

I don’t know where people get their info from, I ve applied under MSME and was contacted to pay 5k for business plan if don’t ve any. I ve my business plan so I just send them my own business plan without paying a dime.

I applied for some people under d household categories, nobody ask them to pay a dime.

Contact me if u need a standardized business plan.

Ok

Please how do we access the loan this period?

Banks are scam..till now, first bank still collects 100 for tax amidst corona..very useless people...

What is this then?

Requesting 10 K to access COVID-19 loan

Chekwume16:
The requirements for the facility shows clearly that it is not intended for Nigerians. Why will they be asking for movable collateral registered will collateral registry and one year repayment for working capital. This government is not serious about palliatives.

I wonder.... Read it and concluded that the loan is not for everyone.... They know exactly what they are doing. The requirements clearly shows that they want to prevent most Nigerians from assessing the said loan which is suppose to cushion the effect of covid-19 lockdown on small businesses.

The loan is not accessible,I have tried it before..they ask you come for training, statement of account,NIN property, guarantors and many things you can't meet..when you filled the form online you will never get reply.. Forget about what can can't them created an app , put minimum of amount you can borrow through your BVN and make it progressive sequence.. Don't mind

I applied for the loan. They told me they will get back in 24hrs. They got back to me in 72hrs and told me they would get back to me in 48hrs for me to provide some documents. This is going to two weeks I haven’t heard anything.

Nothing is working in this country honestly

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Nigeria a country full of lies

lf u check d requirement, u will see its not meant for Nigeria citizens

@kheart
l need u to assist me on standardize business plan or household wateva to apply for the loan.
Thank u

kheart:
I don’t know where people get their info from, I ve applied under MSME and was contacted to pay 5k for business plan if don’t ve any. I ve my business plan so I just send them my own business plan without paying a dime.

I applied for some people under d household categories, nobody ask them to pay a dime.

Contact me if u need a standardized business plan.

Please, I will need one. Thanks

JobVacanciesNG:
What is this then?

Requesting 10 K to access COVID-19 loan

Why are we this wicked to ourselves

Nisral bank is not in my state..

Please help me oh before I die of hunger since yesterday I have not eaten even if is 1k please... Name: Okereke justice
Account number : 0024836996
Standbic Ibtc

Chekwume16:
The requirements for the facility shows clearly that it is not intended for Nigerians. Why will they be asking for movable collateral registered will collateral registry and one year repayment for working capital. This government is not serious about palliatives.

Do you even know what moveable collateral is and or even the items that can form part of the registry? Maybe you would have preferred them adking for landed property

People just come and type rubbish here. More so working capital is typically short term and shouldn't exceed one year with options of renewal.

The facility is meant to be a revolving facility meaning that people are expected to access it, pay down so others can do same. So if everybody takes and refuses to pay down how will others be able to access it?

Secondly part of the CBN requirement which is typical with any credit application globally is the demand for a business plan in addition to a credit search.

Most of the participating institutions have then decided to bundle this into a template for prospective borrowers using a for ease of reference at a token fee

This is the 10k that these muffons are screaming about. These same services will probably cost about 10 times the amount if done by a private consultant.

Too many uneducated people in this country.

God bless Nigeria.

Another fire outbreak would soon happen again this time it is either going to be NISRAL or CBN.

I trust my country

But them and their offsprings who supports them of such evil won't escape hell

deenee:


Do you even know what moveable collateral is and or even the items that can form part of the registry? Maybe you would have preferred them adking for landed property

People just come and type rubbish here. More so working capital is typically short term and shouldn't exceed one year with options of renewal.

The facility is meant to be a revolving facility meaning that people are expected to access it, pay down so others can do same. So if everybody takes and refuses to pay down how will others be able to access it?

Secondly part of the CBN requirement which is typical with any credit application globally is the demand for a business plan in addition to a credit search.

Most of the participating institutions have then decided to bundle this into a template for prospective borrowers using a for ease of reference at a token fee

This is the 10k that these muffons are screaming about. These same services will probably cost about 10 times the amount if done by a private consultant.

Too many uneducated people in this country.

God bless Nigeria.

What a human being
They claimed they are charging nothing in the process, so how come people get to pay for anything along the line?

Simplyleo:
You must be very careful as a public office holder in this country.

Procedures will be laid down for a particular system, Nigerians (naturally crafty and impatient) will approach you with mouth watering offers to twart this procedure. You comply accordingly.

Same Nigerians will go out (claiming smart and classy) and start discussing with friends.

And that is how you will up defending yourself wondering how this got to the public.

Safest option as public officer, always be honest and transparent. This way, even Lucifer himself can't bring you down.

Don't know why you guys defend things that r glaring to even the devil himself....
My friend tried calling the numbers attached to nisral mfb but it wasn't going through.
It was yesterday Sahara reporters did an article concerning this issue and to an extent cbn were the ones directing customers to either pay or their loan applications won't be checkthrough.
So why r u trying to label people fools again?

The Corona virus case chart gets deadlier as another CONFIRMED INFORMATION reports from AL JAZEERA.

Over 1.9 MILLION confirmed with corona virus.

STATISTICS & CHARTS are in the Link below.

https://telecomdelivery..com/2020/04/al-jazeera-over-19-million-confirmed.html?m=1

aAK1:
Stupid people. I applied and was told they would contact me in 24 hours. Till now, no call

please show me the link

There is no case sir! When you apply, their feedback says, you will need an electronic business plan, do you want CBN to develop that one for people too?
All NIRSAL did was to get a company that can do it at discount which is what you people are claming as the processing fee

chiemmanuel:
NIRSAL has a case to answer

I actually see no reason why I need a business plan to start with. My business is already up and running. I only need funds to help reduce the effect of the lockdown on my business

WorldChanger7:
There is no case sir! When you apply, their feedback says, you will need an electronic business plan, do you want CBN to develop that one for people too?
All NIRSAL did was to get a company that can do it at discount which is what you people are claming as the processing fee

I actually see no reason why I need a business plan to start with. My business is already up and running. I only need funds to help reduce the effect of the lockdown on my business

somehow:


What a human being
They claimed they are charging nothing in the process, so how come people get to pay for anything along the line?

You are not paying for anything per say. The business plan and credit check is part of the credit approval process and customer is meant to pay for the cost of these typically as it obtains with loan request of any kind or amount

However because of the lockdown and other extingencies the participating institutions through which CBN will disburse have decided to create a platform for these requirements to be at a cost which is even way cheaper than if the customer provide these independently.

I really don't know what the fuss is about. Do you all expect the facility to be disbursed eithout following through the right underwriting process?

This just shows you are a dummy. How many businesses are aware of credit registry and how many of them have access to movable properties that can qualify for this. If you understand that this is suppose to help medium and small enterprises stand then you will know that the conditions are as tight as any standard credit requirement. This is suppose to be a palliative with just guarantors, credit report, business plan and turnover as requirement. Please try to understand what is at stake before coming here to expose your ignorance. quote author=deenee post=88422381]

Do you even know what moveable collateral is and or even the items that can form part of the registry? Maybe you would have preferred them adking for landed property

People just come and type rubbish here. More so working capital is typically short term and shouldn't exceed one year with options of renewal.

The facility is meant to be a revolving facility meaning that people are expected to access it, pay down so others can do same. So if everybody takes and refuses to pay down how will others be able to access it?

Secondly part of the CBN requirement which is typical with any credit application globally is the demand for a business plan in addition to a credit search.

Most of the participating institutions have then decided to bundle this into a template for prospective borrowers using a for ease of reference at a token fee

This is the 10k that these muffons are screaming about. These same services will probably cost about 10 times the amount if done by a private consultant.

Too many uneducated people in this country.

God bless Nigeria. [/quote]

Oga, if micro loan apps and companies won't charge you #1 to check your credit score before granting you loans and even other private companies granting business loans don't do same, WHY SHOULD A GOVERNMENT BACKED AGENCY/COMPANY charge?

Explain that!

deenee:


You are not paying for anything per say. The business plan and credit check is part of the credit approval process and customer is meant to pay for the cost of these typically as it obtains with loan request of any kind or amount

However because of the lockdown and other extingencies the participating institutions through which CBN will disburse have decided to create a platform for these requirements to be at a cost which is even way cheaper than if the customer provide these independently.

I really don't know what the fuss is about. Do you all expect the facility to be disbursed eithout following through the right underwriting process?