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Bank Of Industry Loan 2019 – How To Apply Online! - Agriculture (2) - Nairaland

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Re: Bank Of Industry Loan 2019 – How To Apply Online! by MEGAWATCH: 4:43pm On Mar 30, 2019
Anyone who has ever succeeded in collecting this loan should please help us. I tried so much last year but it was a failure.

2 Likes

Re: Bank Of Industry Loan 2019 – How To Apply Online! by Femi316: 4:44pm On Mar 30, 2019
naijafarmers:
The bank of industry is a parastatal under the Federal Ministry of Industry, Trade and Investment, with a primary objective to provide financial aids for the establishment of large, medium and small projects. This body also helps businesses in the expansion, diversification, and modernization of other existing enterprises. (Wiki)

The Bank of Industry is targeted at financing plants and equipment, in a bid to promote the industrial sector of the economy, but does not actively involve itself with financing raw materials, lands and buildings.

Not so long ago, BOI launched an N11 billion empowerment program, tagged “The 0% Entrepreneurship Fund”, for unemployed Nigerian youths, to help promote entrepreneurship among youths, while creating a favorable environment for them to start their own businesses through easily serviced loans.

Criteria and Requirements to access the Bank of Industry Loan

A well written formal letter of application
* A copy of your certificate of business registration or incorporation
* Certified forms C02 and C07
* A copy of your certified true copy of memorandum and articles of association of the company
* 4 copies of your feasibility report
* Organizational structure and management
* Most recent audited accounts of the company if it had been in existence
* Quotations for items or equipment, from different sources
* Completed BOI questionnaire
* Declaration of outstanding liabilities
* Passport photographs
* Tax clearance certificates
* Acceptable Securities shall include a charge/security interest over all of the applicant’s assets, copyrights, rights, etc.

How to apply for Bank of Industry loan online – The Loan Application Portal
The portal was created for prospective SME customers who do not want to physically visit the bank to submit their forms. It also has the advantage of shortening the loan processing Turn-Around-Time (TAT) of the Bank. The portal has document uploading capability as well as allows the loan applicant select the preferred BOI State Office location where the application will be processed.

The loan application form can be accessed from www.boi.ng/apply

Steps on how to use the portal:
* Launch the website on your browser
* Click on the “Apply for loan now” call to action
* Fill in the form and hit the “Register here” button
* Check your email address for verification link and tracking code, and click to validate your account
* Once logged in, you can complete the form

A mail will be sent to you on successful application.

Source: https://naijafarmers.com/2019/02/17/bank-of-industry-loan-2019-how-to-apply-online/
This one pass visa application oh.......?
Re: Bank Of Industry Loan 2019 – How To Apply Online! by Abfty(m): 4:45pm On Mar 30, 2019
All the best[color=#006600][/color]
Re: Bank Of Industry Loan 2019 – How To Apply Online! by phantom24: 4:50pm On Mar 30, 2019
IS THIS FOR THE AVERAGE MAN OR THE ESTABLISHED ONES?
Re: Bank Of Industry Loan 2019 – How To Apply Online! by Nobody: 4:54pm On Mar 30, 2019
My friends the bank of industry loan is real and you don't need to know any body or give even one kobo to them to bribe then.If some one tell me this is possible in Nigeria, I will not believe it.As a consultant I used then to set up a toilet roll factory for my wife in ANAMBRA ,if you want to see for your self,come to 62 limca rd nkpor to see for your self.Let me tell you the secret,don't fill that online form or applications your self,get a consultant to do it,if you don't,you will not score up to 20% even if you are buhari son,they won't give you.next is the business plan,if you pay a consultant to do it,it stands 98% chance of success at first attempt or they ask for amendment.
The last secret is getting a guarantor or two.Nobody except your wife or mother or father will do it for you.The last client I did for around N3M loan was approved in less than two weeks for ANAMBRA,his Junior brother and in law refused to be guarantor, its now over two years.

4 Likes

Re: Bank Of Industry Loan 2019 – How To Apply Online! by Nobody: 5:01pm On Mar 30, 2019
Houseofglam7:
*Genotype
*Blood Group
*Height
*DNA tests
*The 9th feather of an eagle
*The lashes of a honey badger
*The pubic hair of a Cayman crocodile undecided
*The skull of Idi Amin undecided

you knw all the drill bro! grin grin


the funny thing is after all this, they will not give you the cash but will rather purchase the needed equipment for you.

and it has a 20% revolving interest.

like someone said above the energy you will use to pursue this loan will get you the money from other ways faster!



and lest i forget! you will need to get a guarantor in like amount - if u r requesting for 5m, you will get two guarantors that will surety you to that amount! tell me which Nigerian will do that kind useless guarantor for you? grin grin
Re: Bank Of Industry Loan 2019 – How To Apply Online! by Houseofglam7(f): 5:04pm On Mar 30, 2019
obiekunie1:


you knw all the drill bro! grin grin


the funny thing is after all this, they will not give you the cash but will rather purchase the needed equipment for you.

and it has a 20% revolving interest.

like someone said above the energy you will use to pursue this loan will get you the money from other ways faster!
That's it!
Depending on the government for anything is like signing your very own death warrant
Re: Bank Of Industry Loan 2019 – How To Apply Online! by eedrissa(m): 5:10pm On Mar 30, 2019
lol..nt even jss3 result
Re: Bank Of Industry Loan 2019 – How To Apply Online! by Indomie001: 5:22pm On Mar 30, 2019
When i only need #250k to start communication business , do i still have to gather all these to acess the loan?


Chai naija sad
Re: Bank Of Industry Loan 2019 – How To Apply Online! by Indomie001: 5:27pm On Mar 30, 2019
oracle2012:
My friends the bank of industry loan is real and you don't need to know any body or give even one kobo to them to bribe then.If some one tell me this is possible in Nigeria, I will not believe it.As a consultant I used then to set up a toilet roll factory for my wife in ANAMBRA ,if you want to see for your self,come to 62 limca rd nkpor to see for your self.Let me tell you the secret,don't fill that online form or applications your self,get a consultant to do it,if you don't,you will not score up to 20% even if you are buhari son,they won't give you.next is the business plan,if you pay a consultant to do it,it stands 98% chance of success at first attempt or they ask for amendment.
The last secret is getting a guarantor or two.Nobody except your wife or mother or father will do it for you.The last client I did for around N3M loan was approved in less than two weeks for ANAMBRA,his Junior brother and in law refused to be guarantor, its now over two years.
Can you help on that bro , i only need 250k for the start of a communication biz.



Can i dm you?
Re: Bank Of Industry Loan 2019 – How To Apply Online! by Xendiva(f): 5:28pm On Mar 30, 2019
oracle2012:
My friends the bank of industry loan is real and you don't need to know any body or give even one kobo to them to bribe then.If some one tell me this is possible in Nigeria, I will not believe it.As a consultant I used then to set up a toilet roll factory for my wife in ANAMBRA ,if you want to see for your self,come to 62 limca rd nkpor to see for your self.Let me tell you the secret,don't fill that online form or applications your self,get a consultant to do it,if you don't,you will not score up to 20% even if you are buhari son,they won't give you.next is the business plan,if you pay a consultant to do it,it stands 98% chance of success at first attempt or they ask for amendment.
The last secret is getting a guarantor or two.Nobody except your wife or mother or father will do it for you.The last client I did for around N3M loan was approved in less than two weeks for ANAMBRA,his Junior brother and in law refused to be guarantor, its now over two years.

Ole
Re: Bank Of Industry Loan 2019 – How To Apply Online! by SeriouslySense(m): 5:33pm On Mar 30, 2019
shocked shocked shocked shocked
Re: Bank Of Industry Loan 2019 – How To Apply Online! by olajizz01(m): 5:50pm On Mar 30, 2019
naijafarmers:
I hope this comes in handy for every one wishing to apply for the bank of industry loan this 2019.
Is it accessible by the farmers as well?
Re: Bank Of Industry Loan 2019 – How To Apply Online! by Nnannapat(m): 5:58pm On Mar 30, 2019
Houseofglam7:
*Genotype
*Blood Group
*Height
*DNA tests
*The 9th feather of an eagle
*The lashes of a honey badger
*The pubic hair of a Cayman crocodile undecided
*The skull of Idi Amin undecided
Are you minding those yeye people, I have my machineries and factory already running, I approached BOI for a loan to purchase one set of machinery that will turn my operations to a money minting venture. The sets of documents that I was asked to bring was over 22 in numbers, including the C of O of the factory land (which is not mine).

I lost interest when I met people there that told me that their application has been pending for more than 14 months.

1 Like

Re: Bank Of Industry Loan 2019 – How To Apply Online! by Houseofglam7(f): 6:00pm On Mar 30, 2019
Nnannapat:
Are you minding those yeye people, I have my machineries and factory already running, I approached BOI for a loan to purchase one set of machinery that will turn my operations to a money minting venture. The sets of documents that I was asked to bring was over 22 in numbers, including the C of O of the factory land (which is not mine).

I lost interest when I met people there that told me that their application has been pending for more than 14 months.
cheesy cheesy cheesy cheesy
Next time, they'll ask for a retina scan
Re: Bank Of Industry Loan 2019 – How To Apply Online! by telleyway: 6:05pm On Mar 30, 2019
oracle2012:
My friends the bank of industry loan is real and you don't need to know any body or give even one kobo to them to bribe then.If some one tell me this is possible in Nigeria, I will not believe it.As a consultant I used then to set up a toilet roll factory for my wife in ANAMBRA ,if you want to see for your self,come to 62 limca rd nkpor to see for your self.Let me tell you the secret,don't fill that online form or applications your self,get a consultant to do it,if you don't,you will not score up to 20% even if you are buhari son,they won't give you.next is the business plan,if you pay a consultant to do it,it stands 98% chance of success at first attempt or they ask for amendment.
The last secret is getting a guarantor or two.Nobody except your wife or mother or father will do it for you.The last client I did for around N3M loan was approved in less than two weeks for ANAMBRA,his Junior brother and in law refused to be guarantor, its now over two years.

Can you please put me through on it?
Re: Bank Of Industry Loan 2019 – How To Apply Online! by fishbone11(m): 6:31pm On Mar 30, 2019
oracle2012:
My friends the bank of industry loan is real and you don't need to know any body or give even one kobo to them to bribe then.If some one tell me this is possible in Nigeria, I will not believe it.As a consultant I used then to set up a toilet roll factory for my wife in ANAMBRA ,if you want to see for your self,come to 62 limca rd nkpor to see for your self.Let me tell you the secret,don't fill that online form or applications your self,get a consultant to do it,if you don't,you will not score up to 20% even if you are buhari son,they won't give you.next is the business plan,if you pay a consultant to do it,it stands 98% chance of success at first attempt or they ask for amendment.
The last secret is getting a guarantor or two.Nobody except your wife or mother or father will do it for you.The last client I did for around N3M loan was approved in less than two weeks for ANAMBRA,his Junior brother and in law refused to be guarantor, its now over two years.
How do I get a consultant to help me out?
Re: Bank Of Industry Loan 2019 – How To Apply Online! by haryorbarmie83(m): 6:36pm On Mar 30, 2019
All this for unemployed youth?

1 Like

Re: Bank Of Industry Loan 2019 – How To Apply Online! by Legendguru: 7:25pm On Mar 30, 2019
oh
Re: Bank Of Industry Loan 2019 – How To Apply Online! by BrightenC: 7:43pm On Mar 30, 2019
The requirement is something else o. Seems this loan are meant for some set of individuals.
Re: Bank Of Industry Loan 2019 – How To Apply Online! by Sixpack(m): 9:05pm On Mar 30, 2019
chai there is God ooooo. these requirements I comment my reserve
Re: Bank Of Industry Loan 2019 – How To Apply Online! by Fish4wealth: 9:27pm On Mar 30, 2019
Indomie001:
Can you help on that bro , i only need 250k for the start of a communication biz.



Can i dm you?

This is my believe that some entrepreneurs actually needs little capital to prove their business ingenuity but where is the capital.....equally the few who tried to help have been made to regret it....
My advice, look for 10 trusted individuals who can do #25k weekly or monthly.....you surely can raise your #250k if your business is indeed viable. This system has worked for me....
Re: Bank Of Industry Loan 2019 – How To Apply Online! by OyinO: 9:53pm On Mar 30, 2019
Corruption at play in broad daylight. How can the Rural Producers who need this loan have all or half of the requirements? Useless and wasteful Government!
Re: Bank Of Industry Loan 2019 – How To Apply Online! by einsteine(m): 10:19pm On Mar 30, 2019
OyinO:
Corruption at play in broad daylight. How can the Rural Producers who need this loan have all or half of the requirements? Useless and wasteful Government!


What is corruption there?

It's called Bank of Industry not Bank of the poor. If you have good collateral and a bankable business plan, they would help finance the purchase of your machinery.

They have to make the requirements stringent so people don't go and get second wives with the loan.
Re: Bank Of Industry Loan 2019 – How To Apply Online! by OyinO: 11:10pm On Mar 30, 2019
einsteine:



What is corruption there?

It's called Bank of Industry not Bank of the poor. If you have good collateral and a bankable business plan, they would help finance the purchase of your machinery.

They have to make the requirements stringent so people don't go and get second wives with the loan.

And I repeat, How can the Rural Producers who need this loan have all or half of the requirements?
So, as for you, everybody needs a second wife, or will go for a second wife once they have money in their possession?
Re: Bank Of Industry Loan 2019 – How To Apply Online! by maisauki: 4:19am On Mar 31, 2019
Dshocker:
Bank of industry was created only for the elite... the requirements they tell an average Nigerian to bring,is synonymous to the requirement of a chief priest.
A MODERN CHIEF PRIEST @ THAT!
Re: Bank Of Industry Loan 2019 – How To Apply Online! by Indomie001: 7:13am On Mar 31, 2019
Fish4wealth:


This is my believe that some entrepreneurs actually needs little capital to prove their business ingenuity but where is the capital.....equally the few who tried to help have been made to regret it....
My advice, look for 10 trusted individuals who can do #25k weekly or monthly.....you surely can raise your #250k if your business is indeed viable. This system has worked for me....
10 trusted individual who can do 25k weekly or monthly? I dont get it , sent dm already , i ll like to get this well bro .
Re: Bank Of Industry Loan 2019 – How To Apply Online! by Joshuawobo(m): 7:37am On Mar 31, 2019
Bank of industry is supposed to be paying the helpless and youths monthly until they get something doing... not giving out loans they know we can't pay back

What is wrong with this country sef??
Re: Bank Of Industry Loan 2019 – How To Apply Online! by einsteine(m): 7:52am On Mar 31, 2019
OyinO:


And I repeat, How can the Rural Producers who need this loan have all or half of the requirements?
So, as for you, everybody needs a second wife, or will go for a second wife once they have money in their possession?


BOI finances industrial production not primary agriculture. A lot of people meet the requirements. What requirements do you propose that would allow the company both make a return on and a return of their capital?
Re: Bank Of Industry Loan 2019 – How To Apply Online! by einsteine(m): 7:53am On Mar 31, 2019
Joshuawobo:
Bank of industry is supposed to be paying the helpless and youths monthly until they get something doing... not giving out loans they know we can't pay back

What is wrong with this country sef??


Really?

Freeloading much?
Re: Bank Of Industry Loan 2019 – How To Apply Online! by OyinO: 8:05pm On Apr 01, 2019
einsteine:



BOI finances industrial production not primary agriculture. A lot of people meet the requirements. What requirements do you propose that would allow the company both make a return on and a return of their capital?

Then let them take their industrial palaver to the right audience and not disturbing us.

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