The CBN and BOI have released funds to grow the MSME's to boost the economy, some how most people still have the challenges and fear to exploit this opportunity. What are they?

How accessible are they?

micfoley:
How accessible are they?

are u saying u have not heard of it?

@nkemjacob2, if you have details and quick intervention means can we talk.

The challenges is that we dont know how to access the loan and the fear is the procedures that are involve to acquire the loan and the interest rate.. so if you have better idea of how we can access the loan kindly post it, as it will be beneficial to the populace..


Regards.

bemagnify:
The challenges is that we dont know how to access the loan and the fear is the procedures that are involve to acquire the loan and the interest rate.. so if you have better idea of how we can access the loan kindly post it, as it will be beneficial to the populace..


Regards.

the BOI loans has no interest rate, write a business plan, that is catchy and serious minded, that will determine the number of time they will give for you to pay back the loan. To get such loan your business must be registered. BOI office are all over the federation. Or visit their web site www.boi.ng


to the CBN loan is mostly meant for the youth @ the age of 18 - 40 all they need write a busines plan, (they must access thoroughly) drop your NYSC certificate. To be registered, you will be giving a pin where you can go to their website and log in. This pin is being giving by HB (heritage bank) when you open an account with them. After that they will call you for one on one interview. The money giving for this loan is #3m

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