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CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday - Business (186) - Nairaland

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CBN’s N50bn COVID-19 Fund Disbursement June Applicants / How To Apply For NIRSAL Microfinance Bank CBN N50bn COVID-19 Loan. / How To Access N50bn COVID-19 Intervention Fund – CBN (2) (3) (4)

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Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by grrr: 9:02pm On Jan 08
peeps4u:


Nirsal Twitter acct is the worst corporate social handle. I can easily place a bet on Arsenal winning this season champions league than nirsal Twitter acct replying him.
Very right cheesy
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by fuwatayo(m): 7:55am On Jan 09
100trillion:
Please, who have Nmfb Imo State customer care's number?


Disregard any mssg/person informing you to pay in 3 months time, it's 12 month moratorium for everybody and it starts counting from the day your bank acct gets credited!

I don't think so. He might have selected 3 months as d moratorium period when filling d form cos there was a space for that in d form.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by 100trillion: 8:12am On Jan 09
fuwatayo:


I don't think so. He might have selected 3 months as d moratorium period when filling d form cos there was a space for that in d form.
Damn.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Jameek(m): 8:34am On Jan 09
hisable2:


@sirBen90, I have 3 month moratorium, does it mean u have to start paying by three month? is there anyway it can be changed to 12 months?, pls help

If you have three months moratorium, it means that you have to start paying once the third month elapses. I doubt if it can be changed. You already accepted the terms and conditions. But then, if they get a directive from a higher authority to generally extend the moratorium from 3 to 12 months for those concerned, it will give ample time for investment and payback.


100trillion:
Please, who have Nmfb Imo State customer care's number?


Disregard any mssg/person informing you to pay in 3 months time, it's 12 month moratorium for everybody and it starts counting from the day your bank acct gets credited!

It's not 12 months moratorium on every agreement though. It showed 3 months for some that I have seen, even though they selected 12 months during the application process.


fuwatayo:


I don't think so. He might have selected 3 months as d moratorium period when filling d form cos there was a space for that in d form.

I know of a few persons that carefully selected 12 months moratorium during the application process but got 3 months moratorium in the offer and acceptance. The bank actually has the right to cut it down, but applicants have the option to reject the offer or not.

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Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by SirBen90: 9:56am On Jan 09
hisable2:


@sirBen90, I have 3 month moratorium, does it mean u have to start paying by three month? is there anyway it can be changed to 12 months?, pls help

The conditions on your Offer Letter are what you should follow. So if your Offer Letter says you have three months moratorium, then it means you'll start repaying the loan three months from the day you received the funds. You have accepted the terms and conditions of the loan offer, so it can't be changed.

But make sure you look carefully at what is written on your offer letter. For example, the offer letter below shows a 12 month moratorium, meaning the person has 12months b4 repayment, but if yours is showing as 3months, then it means you have 3months b4 repayment.

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by peeps4u: 11:00am On Jan 09
You're right but I think it is reasonable to argue everyone is placed on a year moratorium. If not, those placed on 3 month moratorium whom have been paid since the inception of the disbursement ought to have started paying by now. It is well over 3 months.
Or has anyone been paying back by now?

SirBen90:


The conditions on your Offer Letter are what you should follow. So if your Offer Letter says you have three months moratorium, then it means you'll start repaying the loan three months from the day you received the funds. You have accepted the terms and conditions of the loan offer, so it can't be changed.

But make sure you look carefully at what is written on your offer letter. For example, the offer letter below shows a 12 month moratorium, meaning the person has 12months b4 repayment, but if yours is showing as 3months, then it means you have 3months b4 repayment.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by 100trillion: 11:47am On Jan 09
peeps4u:
You're right but I think it is reasonable to argue everyone is placed on a year moratorium. If not, those placed on 3 month moratorium whom have been paid since the inception of the disbursement ought to have started paying by now. It is well over 3 months.
Or has anyone been paying back by now?

I think it's safe to say that "Nirsal is the worst amongs its kind."

Incompetency at it's peak!!

disburse loan- no way, approve- no way.....useless psychos angry
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by excess4luv: 5:22pm On Jan 09
Got approval message on 23rd Dec, accepted on 24th, received alert on 8th.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by micholo123(m): 11:07pm On Jan 09
Has anybody gotten approval this year?
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Floxymana01: 1:40am On Jan 10
excess4luv:
Got approval message on 23rd Dec, accepted on 24th, received alert on 8th.



I feel so terrible and devastated, I've been approved since November! And uptil now, no credit... What us happening
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by grrr: 6:04am On Jan 10
As in, the trauma of seeing people that accepted after you getting approved and gotten disbursement in a short period is enough.


Floxymana01:




I feel so terrible and devastated, I've been approved since November! And uptil now, no credit... What us happening
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by excess4luv: 6:32am On Jan 10
Floxymana01:




I feel so terrible and devastated, I've been approved since November! And uptil now, no credit... What us happening

I understand how you feel, but just be patient with them.

my sister never received approval sms until I went online only to discover she has been approved, I accepted her offer on 1/1/21 we are only being patient and backing up with prayer.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Ogharaboy: 8:08am On Jan 10
A friend of mine got approval since July 2020 up till now no disbursement of funds.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Afamed: 9:42am On Jan 10
Jbanky:
Will also like to know why they are deducting so much like that imagine my wife was approve 250k, 235k was giving to her, probably they've remove their interest upfront


The interest has already been deducted
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by ADEBAZ95(m): 9:58am On Jan 10
Floxymana01:




I feel so terrible and devastated, I've been approved since November! And uptil now, no credit... What us happening

Maybe you should re upload your acct details via this link :

http://guarantorform2.azurewebsites.net/?status=loan_offer_aggrement&id=YOUR BVN
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by hardeyeanc(m): 2:12pm On Jan 10
I think the whole thing has been changed to 12 months moratorium and 36 months tenor because when I accepted the offer it was 3 months moratorium and 12 months tenor but if I input my bvn now it has changed to the attached, what I don't understand is after the moratorium period are we going to pay for 36 months which is 3 years or the 3 yrs has included the moratorium period meaning the repayment will be 2 yrs? Any reasonable info would be appreciated
peeps4u:
You're right but I think it is reasonable to argue everyone is placed on a year moratorium. If not, those placed on 3 month moratorium whom have been paid since the inception of the disbursement ought to have started paying by now. It is well over 3 months.
Or has anyone been paying back by now?

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by fuwatayo(m): 2:21pm On Jan 10
Afamed:

The interest has already been deducted

They deducted only d interested for a year moratorium if u have 12 months moratorium. After that period u will start paying that 9% interest rate yearly.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by fuwatayo(m): 2:30pm On Jan 10
hardeyeanc:
I think the whole thing has been changed to 12 months moratorium and 36 months tenor because when I accepted the offer it was 3 months moratorium and 12 months tenor but if I input my bvn now it has changed to the attached, what I don't understand is after the moratorium period are we going to pay for 36 months which is 3 years or the 3 yrs has included the moratorium period meaning the repayment will be 2 yrs? Any reasonable info would be appreciated

3 years tenure, 1 year moratorium means you won't start paying until after 1 year and you will have 2 years left to pay d loan. D interest of that 1 year moratorium has been deducted upfront. U will then pay 9% interest rate yearly for d remaining 2 years.

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Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Floxymana01: 2:53pm On Jan 10
ADEBAZ95:


Maybe you should re upload your acct details via this link :

http://guarantorform2.azurewebsites.net/?status=loan_offer_aggrement&id=YOUR BVN



Thank you very much sir, but I have done this twice, but nothing uptil now,
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by ADEBAZ95(m): 4:15pm On Jan 10
Floxymana01:




Thank you very much sir, but I have done this twice, but nothing uptil now,

Try and go to their bank and find out what's wrong.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by hardeyeanc(m): 8:07pm On Jan 10
Thanks for the insight
fuwatayo:


3 years tenure, 1 year moratorium means you won't start paying until after 1 year and you will have 2 years left to pay d loan. D interest of that 1 year moratorium has been deducted upfront. U will then pay 9% interest rate yearly for d remaining 2 years.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by 100trillion: 12:15pm On Jan 11
Anybody see alert undecided
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by grrr: 1:34pm On Jan 11
100trillion:
Anybody see alert undecided

Hmmmmmm
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by ausproxi(m): 4:41pm On Jan 11
They should approve again na undecided
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by mod17(f): 5:05pm On Jan 11
ausproxi:
They should approve again na undecided
l wonder ooo
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by meetgaya(m): 5:30pm On Jan 11
like approval has been stopped, since this year no approval or is there any?
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by 100trillion: 6:07pm On Jan 11
meetgaya:
like approval has been stopped, since this year no approval or is there any?
None o...ppl dey enquiry for fb, but no body don collect approval!

na alert me dey find sha, make them pay everybody o!
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Afamed: 12:26am On Jan 12
peeps4u:


Calm down, you will be paid.

BTW, why do you need this paltry amount of money when you have 100 trillion?
His 100trillion is in fixed account. He has decided not to touch it for now
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Escodeb(m): 8:32am On Jan 12
This long wait is frustrating, since Nov 27 kwa undecided
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by grrr: 10:56am On Jan 12
Escodeb:
This long wait is frustrating, since Nov 27 kwa undecided

Me too ooo, Novemver 27. They are not competent. If possible sef, I wan unaccept the loan, haba. 2 months for how much, if na 5 Milla now we fit say yes.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Escodeb(m): 2:01pm On Jan 12
grrr:


Me too ooo, Novemver 27. They are not competent. If possible sef, I wan unaccept the loan, haba. 2 months for how much, if na 5 Milla now we fit say yes.

Abi if it's grant. I went to their office today, same story be patience they are working on it.

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