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CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday - Business (62) - Nairaland

Nairaland Forum / Nairaland / General / Business / CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday (625063 Views)

SCAM ALERT: Theobarth grant disbursement / CBN’s N50bn COVID-19 Fund Disbursement June Applicants / How To Apply For NIRSAL Microfinance Bank CBN N50bn COVID-19 Loan. (2) (3) (4)

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Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by zsamorano(m): 7:38pm On Jun 23, 2020
makonko:


Report them to CBN you'll see action
share me the link to contact them bros. thanks
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by IamRx: 7:54pm On Jun 23, 2020
According to him, they do the ones they can do any moment their network comes up. He said in his branch in a day they might be lucky to treat one or two requests.
Olabisi001:


Is not working, some are getting alert, how come. We were credited to into nmfb account, to transfer the fund to our commercial bank has become world war 3
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by MSItachi: 7:58pm On Jun 23, 2020
.

1 Like

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by manlawal(m): 8:09pm On Jun 23, 2020
MSItachi:
Alert Received SME, Applied March, not sure of the date, submitted Account details on Thursday the 18th last week. Applied for 7m, got 1.6m. No document submitted. No Interview of any kind.

All the best guys. I might not be coming back to this thread so save your questions.
what business did you put and did you have tax id
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Musty4ahmed1: 9:35pm On Jun 23, 2020
MSItachi:
Alert Received SME, Applied March, not sure of the date, submitted Account details on Thursday the 18th last week. Applied for 7m, got 1.6m. No document submitted. No Interview of any kind.

All the best guys. I might not be coming back to this thread so save your questions.
Hahaha, guy don cash out according to him, so we shouldn't ask you question. OK safe trip, but be rest assured you must pay back, else you will be smoked out of your hiding.

8 Likes

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by stacyadams: 9:41pm On Jun 23, 2020
Musty4ahmed1:
Hahaha, guy don cash out according to him, so we shouldn't ask you question. OK safe trip, but be rest assured you must pay back, else you will be smoked out of your hiding.
grin grin grin
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by makonko(m): 10:12pm On Jun 23, 2020
zsamorano:
share me the link to contact them bros. thanks

.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by CuteNbad(m): 10:28pm On Jun 23, 2020
freemi:
u dnt need any email again. D first mesage u got was d mail der used to send b4. Its d same thng
if you say so.......so what's the next step after successful application
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by dgr8est(m): 10:33pm On Jun 23, 2020
CuteNbad:
if you say so.......so what's the next step after successful application
You wait for response, this might take btw 4-6 weeks of your application
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by CuteNbad(m): 10:36pm On Jun 23, 2020
dgr8est:

You wait for response, this might take btw 4-6 weeks of your application
okay thanks...I guess I just have to forget about it for now
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by hardeyeanc(m): 11:23pm On Jun 23, 2020
Please I need clarity on this loan , is d 4% deduction a processing fee or part of the 5% interest?


Everybody is just clamouring for alert nobody is saying anything about repayment, if we are to pay 450k for 9 months with an interest of 1% or 5% as d case may be, meaning we ll be paying like 50k every months if u pull out 50k from a business monthly is it not going to affect the business?
makonko:


Report them to CBN you'll see action

3 Likes

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by haywire1: 11:34pm On Jun 23, 2020
hardeyeanc:
Please I need clarity on this loan , is d 4% deduction a processing fee or part of the 5% interest?


Everybody is just clamouring for alert nobody is saying anything about repayment, if we are to pay 450k for 9 months with an interest of 1% or 5% as d case may be, meaning we ll be paying like 50k every months if u pull out 50k from a business monthly is it not going to affect the business?

Wonderful question, I pity those clamoring for alert without a running business... Loan is for business running cost not for business capital setup.... many people go enter gbese



.

2 Likes

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by dgr8est(m): 1:23am On Jun 24, 2020
Sugamama818:

Thank you so much but when trying it again tomorrow morning, on the " Microsoft online " platform, do i sign in with my Gmail account or phone no., which is better?
U can try now if online, it's going fine
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by switblaze(f): 1:45am On Jun 24, 2020
What is the next step please?
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by switblaze(f): 1:46am On Jun 24, 2020
I just registered successfully

1 Like

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by PWGLTD(m): 4:10am On Jun 24, 2020
I've received alert also... 425k
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by freemi(m): 4:43am On Jun 24, 2020
CuteNbad:
if you say so.......so what's the next step after successful application
is just to wait. If ur applicatn is considerd der will contact u
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by KingsArome(m): 4:45am On Jun 24, 2020
PWGLTD:
I've received alert also... 425k

Today?
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by freemi(m): 4:46am On Jun 24, 2020
haywire1:


Wonderful question, I pity those clamoring for alert without a running business... Loan is for business running cost not for business capital setup.... many people go enter gbese



.
hehe
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by bensky: 4:56am On Jun 24, 2020
Please can you help me with the BVN validation process as i keep getting a message saying my BVN does not exist. please what am i doing wrong help a sister thank you.
Pmedia7787:


can we talk
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by bensky: 5:01am On Jun 24, 2020
Please how did you register as i keep having BVN does not exist during validation
switblaze:
I just registered successfully
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by completey(f): 5:12am On Jun 24, 2020
So you got this loan but don't know what to do with it yet? DM me. I have a small and quick turnaround business I will share with you free of charge.

Please do your due diligence before you contact me o. Naysayers abeg jump and pass. God no go shame us.

My contact is on my signature.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by pyc0d3r: 5:50am On Jun 24, 2020
Please link for the household registration
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by pyc0d3r: 5:54am On Jun 24, 2020
@switblaze please link that you Register
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by quisera(m): 6:27am On Jun 24, 2020
peeps4u:

You either keep trying the household option, it could be frustrating but you keep trying, people are still applying. If you can't stand the frustration, you have to provide all required of you under SME.

You might have to do it in the midnight. I woke up by 4am to apply for someone last week. I suggest u wake up earlier to try it and keep trying it occasionally in day time.

Good luck.
Thanks, I just successfully submitted my application.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Pmedia7787: 6:51am On Jun 24, 2020
bensky:
Please can you help me with the BVN validation process as i keep getting a message saying my BVN does not exist. please what am i doing wrong help a sister thank you.

It means loan was not approved ..if you never got any text

Or you made a mistake in bvn impute originally
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by martinagoha: 7:45am On Jun 24, 2020
Oga, keep quiet. Don't come to this big social media and drop what you don't know. Once one registers and doesn't get email doesn't mean he is not approved. Especially this new set. Once ur registration was successfully submitted, you need not to go and start putting ur BVN on the beneficiary link. Its for those approved. You need to wait till you get a message of approval. That one sees BVN doesn't exist means it doesn't exist on the beneficiary list at the moment since it has not yet been approved.
Oya, you that you registered well and received email, go and type your BVN on that page and tell us what u see.
Meanwhile, you guys should take it easy. Everything will be sorted out. I was among the first batch that was paid. So, keep calm. People are still receiving alert and I assure u that you will receive, and those with some cases of half payment, don't lose hope. Just make sure you have lodged your complaint to NISRAL.
Good morning and God bless u all.

2 Likes

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Acidosis(m): 7:46am On Jun 24, 2020
bensky:
Please can you help me with the BVN validation process as i keep getting a message saying my BVN does not exist. please what am i doing wrong help a sister thank you.

When did you apply for the loan? Did you receive a message (SMS) stating that your loan has been approved?


There's nothing to validate if you didn't get an approval on your loan request. And more importantly, approval is not an immediate process. Some waited 2 months.

2 Likes

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Lewismartins69: 7:46am On Jun 24, 2020
Pmedia7787:


It means loan was not approved ..if you never got any text

Or you made a mistake in bvn impute originally
still got same thing this morning should I apply again??
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by deegov: 7:47am On Jun 24, 2020
Good morning guys, I just discovered this thread and surprisingly I got an approved message late on Monday for #500k and clicked on the attachment made sure I filled the loan form and even imputed my account number but on clicking the submit button the page went blank.

I tried doing it again was told already submitted and guess may be it has gone since then I have been not gotten any proceed.

My grey area is , is it compulsory I open an account with NIRSA before I could be creditd? and how many days the disbursement take after accepting the offer?

Thank you guys.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Lewismartins69: 7:48am On Jun 24, 2020
Acidosis:


When did you apply for the loan? Did you receive a message stating that your loan has been approved?
for me I applied tis past Sunday
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Acidosis(m): 7:51am On Jun 24, 2020
Lewismartins69:
for me I applied tis past Sunday

Too early to panic. Loans applied for in the past 1-3 weeks have not been approved so your BVN would not "exist" no matter how much you try.

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