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How To Access The N50billion CBN COVID-19 Loan - Business (3) - Nairaland

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Re: How To Access The N50billion CBN COVID-19 Loan by Nobody: 3:09am On May 22
[quote author=africanpea post=89798948]

Please explain oo...the English is too much to understand for me[/quo

Pls research!
Re: How To Access The N50billion CBN COVID-19 Loan by Jonwesley(m): 10:31am On May 22
waleyp:
It's okay I understand you, and it's good you taking steps, the 10k is for the training right? Have you contacted the training centre to know when there next training will hold? You need to keep contacting them because most training centres always do training once a month so you wouldn't waste this month. I am in ibadan oyo state. Please when you get to the training centre they will talk better about the business plan if you need it or not, I don't want to give false info and I don't other people to hit back at me for doing so. I didn't do the covid-19 cbn loan, I did the other one still under cbn and nirsal so the processes might be different. You will get much info at the centre but make sure you know there training dates, you will still pay 10k for the loan account but that can be later when your loan has been approved. I think I tried small

This is detailed enough. Thank you so much for time. God bless you. I will keep you posted with developments as they come.
Re: How To Access The N50billion CBN COVID-19 Loan by waleyp(m): 10:36am On May 22
pls i will need you to find out more, maybe the covid-19 loan is different from the one im talking to you about.... try get to nirsal and get informed
Jonwesley:


This is detailed enough. Thank you so much for time. God bless you. I will keep you posted with developments as they come.
Re: How To Access The N50billion CBN COVID-19 Loan by haon: 11:49am On May 22
Thanks for the information op. Information is power.
Did you know that the government of Nigeria has seperated A particular amount of money for its citizens to build there own house?
The National Housing Fund (NHF) was established by the NHF Act of 1992 to mobilise funds that will facilitate the provision of affordable housing for Nigerians. Under the extant NHF law, every Nigerian earning N3,000 or more per annum is required to contribute 2.5 percent of their monthly basic salary to the NHF. The funds mobilized will be made available to contributors at affordable interest rates to build homes.



https://www.youtube.com/watch?v=9Zp8Ag4_rlM
Re: How To Access The N50billion CBN COVID-19 Loan by Nobody: 4:34pm On May 22
haon:
Thanks for the information op. Information is power.
Did you know that the government of Nigeria has seperated A particular amount of money for its citizens to build there own house?
The National Housing Fund (NHF) was established by the NHF Act of 1992 to mobilise funds that will facilitate the provision of affordable housing for Nigerians. Under the extant NHF law, every Nigerian earning N3,000 or more per annum is required to contribute 2.5 percent of their monthly basic salary to the NHF. The funds mobilized will be made available to contributors at affordable interest rates to build homes.



https://www.youtube.com/watch?v=9Zp8Ag4_rlM

Tell me more
Re: How To Access The N50billion CBN COVID-19 Loan by Jonwesley(m): 7:53pm On May 22
waleyp:
pls i will need you to find out more, maybe the covid-19 loan is different from the one im talking to you about.... try get to nirsal and get informed

Yes you are right about that. However it's just a variant of the intervention funds from the CBN, and usually the concepts are the same, few changes are noticeable. I started the training today with online zoom cloud meeting app, with whatsApp used to register me for the Covid-19 factor loan called AGSMEIS. It's a 7 year tenor, 5% int rate till 2021 March when it will become 9% all inclusive rate. My training continues next week. There will be a business plan to be done by self or by the trainers with a #10k cost. Which will be uploaded to the CBN NIRSAL AGSMEIS site And so on before you are invited for the interview proper.
Re: How To Access The N50billion CBN COVID-19 Loan by waleyp(m): 9:36pm On May 22
That's very correct. Where are you located and what business are you venturing on? You can do the business plan yourself but its better to give those who can handle it for you. Since they can do it for you for 10k that's sounds good then. Have you been given form to fill tho
Jonwesley:


Yes you are right about that. However it's just a variant of the intervention funds from the CBN, and usually the concepts are the same, few changes are noticeable. I started the training today with online zoom cloud meeting app, with whatsApp used to register me for the Covid-19 factor loan called AGSMEIS. It's a 7 year tenor, 5% int rate till 2021 March when it will become 9% all inclusive rate. My training continues next week. There will be a business plan to be done by self or by the trainers with a #10k cost. Which will be uploaded to the CBN NIRSAL AGSMEIS site And so on before you are invited for the interview proper.
Re: How To Access The N50billion CBN COVID-19 Loan by Jonwesley(m): 9:17am On May 23
waleyp:
That's very correct. Where are you located and what business are you venturing on? You can do the business plan yourself but its better to give those who can handle it for you. Since they can do it for you for 10k that's sounds good then. Have you been given form to fill tho

I'm considering giving them the opportunity to do the business plan and the business is Agricultural merchandise. Though I can write it myself The form was filled on behalf of me based on the information supplied by me.
Re: How To Access The N50billion CBN COVID-19 Loan by waleyp(m): 10:04am On May 23
Ok Thats Good
Jonwesley:


I'm considering giving them the opportunity to do the business plan and the business is Agricultural merchandise. Though I can write it myself The form was filled on behalf of me based on the information supplied by me.
Re: How To Access The N50billion CBN COVID-19 Loan by Jonwesley(m): 10:21am On May 23
waleyp:
Ok Thats Good

Thanks. Let's keep in touch and may God make our application successful and bless the work we will do with it.
Re: How To Access The N50billion CBN COVID-19 Loan by ayummy(m): 10:24am On May 23
Jonwesley:


Thanks. Let's keep in touch and may God make our application successful and bless the work we will do with it.
. Please while filling the form, there is a place for PROMOTER'S DETAILS and another place for DIRECTOR'S DETAILS.. what am I suppose to fill in those spaces.. My personal details?
Re: How To Access The N50billion CBN COVID-19 Loan by waleyp(m): 10:30am On May 23
Amen thanks very much
Jonwesley:


Thanks. Let's keep in touch and may God make our application successful and bless the work we will do with it.
Re: How To Access The N50billion CBN COVID-19 Loan by Jonwesley(m): 10:32am On May 23
ayummy:
. Please while filling the form, there is a place for PROMOTER'S DETAILS and another place for DIRECTOR'S DETAILS.. what am I suppose to fill in those spaces.. My personal details?

Promoters may be your relatives that support your business idea, just their names. Director's details is your name and those who subscribe in your memorandum and articles of association as directors that hold shares in the company. However it's possible that both the promoters and the directors maybe the same.
Re: How To Access The N50billion CBN COVID-19 Loan by ayummy(m): 10:41am On May 23
Jonwesley:


Promoters may be your relatives that support your business idea, just their names. Director's details is your name and those who subscribe in your memorandum and articles of association as directors that hold shares in the company. However it's possible that both the promoters and the directors maybe the same.
. Okay noted.. I am in this alone.. No share holder.. So I put business type as PRIVATE. and my details in Promoter and Director spaces ..
Re: How To Access The N50billion CBN COVID-19 Loan by Jonwesley(m): 10:55am On May 23
ayummy:
. Okay noted.. I am in this alone.. No share holder.. So I put business type as PRIVATE. and my details in Promoter and Director spaces ..

That's ok. The option would have been sole trader or sole proprietorship, rather than the limited liability which I explained earlier. You are fine with that please.

1 Like

Re: How To Access The N50billion CBN COVID-19 Loan by ayummy(m): 11:18am On May 23
Jonwesley:


That's ok. The option would have been sole trader or sole proprietorship, rather than the limited liability which I explained earlier. You are fine with that please.
.. OK.. Thank you

1 Like

Re: How To Access The N50billion CBN COVID-19 Loan by ndyfaby: 3:51pm On May 23
.
Re: How To Access The N50billion CBN COVID-19 Loan by prinzmenzir(m): 4:20pm On May 23
Is it a must to register business before accessing this loans? If yes which loan can one apply that doesn't really require a registered business name?
Re: How To Access The N50billion CBN COVID-19 Loan by haon: 6:39pm On May 23
Tosinayoko:


Tell me more

Actually, everything you need to know is in the video, but you can also go to NATIONAL HOUSING FUND website for more information. Let me give you some screenshot from there website.

Re: How To Access The N50billion CBN COVID-19 Loan by waleyp(m): 11:38pm On May 23
try find out
prinzmenzir:
Is it a must to register business before accessing this loans? If yes which loan can one apply that doesn't really require a registered business name?
Re: How To Access The N50billion CBN COVID-19 Loan by Nobody: 12:31pm On May 24
prinzmenzir:
Is it a must to register business before accessing this loans? If yes which loan can one apply that doesn't really require a registered business name?

Yes! Household... You have to have a concrete proof that the covid 19 era affect your household.
Re: How To Access The N50billion CBN COVID-19 Loan by depair: 6:54pm On May 24
Please which website can I register for the CBN covid loan
Re: How To Access The N50billion CBN COVID-19 Loan by ndyfaby: 9:27pm On May 25
cool
Re: How To Access The N50billion CBN COVID-19 Loan by waleyp(m): 9:37am On May 26
www.nmfb.com.ng/sme
depair:
Please which website can I register for the CBN covid loan
Re: How To Access The N50billion CBN COVID-19 Loan by haon: 10:14am On May 26
Re: How To Access The N50billion CBN COVID-19 Loan by africanpea: 6:09pm On May 26
How do I check if I've been shortlisted for the training? Please someone help.
Re: How To Access The N50billion CBN COVID-19 Loan by ndyfaby: 6:24pm On May 26
nice question been raise
Re: How To Access The N50billion CBN COVID-19 Loan by depair: 7:18pm On May 26
Tosinayoko:


Stop dishing wrong information. I applied for the SME loan and I only paid 10k for deposit to open a corporate account with them to which the loan was disbursed.

You do not need business plan also

Hello Good evening please which website did you register for the CBN Covid 19 intervention loan. please avail me the information.
Re: How To Access The N50billion CBN COVID-19 Loan by waleyp(m): 12:29pm On May 27
have you registered for the training already? you need to call them to know when they will do the training, dont wait for them to call, you need to call them
africanpea:
How do I check if I've been shortlisted for the training? Please someone help.
Re: How To Access The N50billion CBN COVID-19 Loan by waleyp(m): 12:30pm On May 27
http://www.nmfb.com.ng/sme
depair:


Hello Good evening please which website did you register for the CBN Covid 19 intervention loan. please avail me the information.
Re: How To Access The N50billion CBN COVID-19 Loan by africanpea: 1:06pm On May 27
waleyp:
have you registered for the training already? you need to call them to know when they will do the training, dont wait for them to call, you need to call them

Yes, I registered earlier this month.

Which number do I contact them on?
Please help me with it if you have it.
Re: How To Access The N50billion CBN COVID-19 Loan by waleyp(m): 2:03pm On May 27
Lol you know I can't help like that, I wasn't there when you did the registration... But I can try, but first your location and how did you register and how did you pay 10k,was the 10k for training
africanpea:


Yes, I registered earlier this month.

Which number do I contact them on?
Please help me with it if you have it.

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