dorka:
About 5days ago, the NMFB Manager, said the loan disbursement for the over 80k householders and SMEs who applied for the CBN COVID 19 loan will commence the next day which was a Thursday. Has anyone been paid?

warrenweste:


no response yet from them here

wha about you

sunnyeinstein:


I applied to the household part of the scheme sha.
Today I got an SMS telling me my application was approved for 500k (I am yet to submit bank statement and guarantor's form o, I'm expecting a response before sending them). It directed me to go to the webpage
https://covid19.nmfb.com.ng/HomeLoans

On opening the page, it says I should input my BVN for confirmation to disburse fund (the page no dey open again for now and I did not take a screenshot the first & only time it opened).
I was about opening my mobile app to grab the BVN, that was when my 7th sense kicked open like "ogbeni kilonsele gangan"... banks no go ask me for BVN online naaw!
Then I tried contacting the website's contact number but it is switched off.
Na there I still dey naw, I dey investigate further

sunnyeinstein:


I applied to the household part of the scheme sha.
Today I got an SMS telling me my application was approved for 500k (I am yet to submit bank statement and guarantor's form o, I'm expecting a response before sending them). It directed me to go to the webpage
https://covid19.nmfb.com.ng/HomeLoans

On opening the page, it says I should input my BVN for confirmation to disburse fund (the page no dey open again for now and I did not take a screenshot the first & only time it opened).
I was about opening my mobile app to grab the BVN, that was when my 7th sense kicked open like "ogbeni kilonsele gangan"... banks no go ask me for BVN online naaw!
Then I tried contacting the website's contact number but it is switched off.
Na there I still dey naw, I dey investigate further

sunnyeinstein:


I applied to the household part of the scheme sha.
Today I got an SMS telling me my application was approved for 500k (I am yet to submit bank statement and guarantor's form o, I'm expecting a response before sending them). It directed me to go to the webpage
https://covid19.nmfb.com.ng/HomeLoans

On opening the page, it says I should input my BVN for confirmation to disburse fund (the page no dey open again for now and I did not take a screenshot the first & only time it opened).
I was about opening my mobile app to grab the BVN, that was when my 7th sense kicked open like "ogbeni kilonsele gangan"... banks no go ask me for BVN online naaw!
Then I tried contacting the website's contact number but it is switched off.
Na there I still dey naw, I dey investigate further

sunnyeinstein:


I applied to the household part of the scheme sha.
Today I got an SMS telling me my application was approved for 500k (I am yet to submit bank statement and guarantor's form o, I'm expecting a response before sending them). It directed me to go to the webpage
https://covid19.nmfb.com.ng/HomeLoans

On opening the page, it says I should input my BVN for confirmation to disburse fund (the page no dey open again for now and I did not take a screenshot the first & only time it opened).
I was about opening my mobile app to grab the BVN, that was when my 7th sense kicked open like "ogbeni kilonsele gangan"... banks no go ask me for BVN online naaw!
Then I tried contacting the website's contact number but it is switched off.
Na there I still dey naw, I dey investigate further

sunnyeinstein:


I applied to the household part of the scheme sha.
Today I got an SMS telling me my application was approved for 500k (I am yet to submit bank statement and guarantor's form o, I'm expecting a response before sending them). It directed me to go to the webpage
https://covid19.nmfb.com.ng/HomeLoans

On opening the page, it says I should input my BVN for confirmation to disburse fund (the page no dey open again for now and I did not take a screenshot the first & only time it opened).
I was about opening my mobile app to grab the BVN, that was when my 7th sense kicked open like "ogbeni kilonsele gangan"... banks no go ask me for BVN online naaw!
Then I tried contacting the website's contact number but it is switched off.
Na there I still dey naw, I dey investigate further

PAT4HOT:


Money wey I don chop finish?
425k instead of 500k wey I apply under Household

warrenweste:


Oh You gt yours already?

PAT4HOT:


Yea, I got mine that yesterday

PAT4HOT:


Money wey I don chop finish?
425k instead of 500k wey I apply under Household

warrenweste:

Thanks for the update

The site looks legit..have you entered the bvn yet?

M waiting to hear from them

sunnyeinstein:


I just entered it and the teems and conditions look more like microfinance bank loan, not CBN palliative loan. Na carrot and stick thing.
I never approve the tin though. I'm deep in thought

warrenweste:


You applied when? And what are the terms
Pls explain more

sunnyeinstein:


Fixed 4% first between now and Feb next yr. 9% after, and the 9% rate can change subject to market conditions that time...
One default and certain punishments
They'd find a way to recoup late payment from five days after warning.
They can recalculate the remaining at any time within the payment period based on economy
Payable within three years.

This doesn't look too good for terms on a palliative loan. This na impending exploitation ontop just 450k. If na 5M now its worth it

PAT4HOT:


Money wey I don chop finish?
425k instead of 500k wey I apply under Household

sunnyeinstein:


Fixed 4% first between now and Feb next yr. 9% after, and the 9% rate can change subject to market conditions that time...
One default and certain punishments
They'd find a way to recoup late payment from five days after warning.
They can recalculate the remaining at any time within the payment period based on economy
Payable within three years.

This doesn't look too good for terms on a palliative loan. This na impending exploitation ontop just 450k. If na 5M now its worth it

BlowYourMind:
Is it 4% or 9% for month or for the whole money i.e 4% of 500k is 20k, that means the total amount to be returned will be 520k

warrenweste:
Pls , I ve validated my BVN two days ago. Since then I ve not received alert. Is there any further step I need to take ?





Oh You gt yours already?

Mediquip:
ITS SO REAL, MY WIFE GOT 425,000 YESTERDAY., I ALWAYS COMDEMN THIS GOVT. ,BUT FOR THIS , I GIVE THEM CREDIT, AND HOPE MANY PEOPLE WILL BENEFIT IT TOO

Horlamidel:


When did she validate her bvn? And was it after 48hrs of validating her bvn she got the alert?

Horlamidel:
Pls who validated their bvn on Wednesday and has gotten or has not gotten alert? Because today makes it 48hrs already. And does today has public holiday affect the disbursement of the loan?

dorka:
About 5days ago, the NMFB Manager, said the loan disbursement for the over 80k householders and SMEs who applied for the CBN COVID 19 loan will commence the next day which was a Thursday. Has anyone been paid?