Take note of where u are putting the amount..it is unit cost not the cost of everything, the system will calculate it automatically, cost of 1 feeding bird can't be 2.2m when ur total loan offer is 500k, adjust the amount such a way dt it will equal or less than the Total offer

seagulsntrawler:
Hello guys, I am in stage 3 of the non interest SME application, and I am finding it hard to move to the next stage. Specifically, the total sum field is not summing up my business needs correctly. Please assist.

Bro, pls can I chat u on Whatsapp I need to make some enquiry on dt jaiz Bank stuff my number is 08037785024 thanks... U can send a chat or drop ur contact for me to chat u

Teetee777:

on normal circumstances, you suppose to provide vendors for them, but this one, i suspect fool play, the one i did with jaiz bank, i provided my own vendor to them, after verified the vendor they transferred the required Amount to the vendor.

Are they the one that will assign vendor or you will choose a vendor that sells the items u
wanna get and provide invoice from dt vendor and the money would be disbursed to the vendor while you go and take the goods? Please I need clarity

olamoses75:
abi o, those vendors con dey act like demigods. My dad and sister was assigned to the same vendor, I tried chatting him on WhatsApp but the dude just said "ok" and didn't say anything again

Bro, please I need to pm you, you can do me a favor by reaching me via hardeyeancah247@gmail.com, so that you won't have to drop your own email on the public domain. Thanks

IDK123:
i actually didnt get the message late tho.......i got the message on thursday August 26th and the letter is dated wednesday August 25th.......i opened the letter that thursday and couldnt find a place to click accept......although i can see a geen tick at the bottom of the letter but its not something i can click.....the only thing clickable on the letter is the "print letter" below that.......and yeah i'm using a laptop to open it so i'm a bit confused but thanks guyss

Can u imagine...this Delta variant era... Dem still dey ask for money

Viking07:
As stated in the text, it’s just a reminder. We’re less than 6 months to 2022. Though to be fair I’d admit the text was unsettling. Money wey people don spend forget. Besides we’re yet to fully recover from COVID-19 lockdown, it’d be unreasonable to ask for repayments now. They will just extend it till 2023 when they check people’s accounts and see lots of negative balance.

There’s no money on ground at all.

Hello Brother, pls I sent you a mail... Need to ask some things...

QueenNemesis:
Good day everyone.

I am a 300 level student guy in a Fed Uni and what happened right now is just very funny and I think I need solid financial advice from the investment experts here. Everyone should please endeavour to contribute.

A distant uncle called me about a month ago that he has a connect to a FG grant and requested for my details. Immediately I heard that, I quickly forwarded him my BVN and other bank details. He later called me to inform me I have been registered.

Fast forward to about a week later. . .He then called me and started explaining that the stuff is a actually a LOAN not a GRANT and that his connect will take back 40% of it after I am credited. Immediately, I was confused. Because I am still a student and that kind of risk does not make any sense. Actually, if he had told me it was a LOAN initially I wouldn't have sent my details. I told him instantly that I am not interested in the package anymore since it is a LOAN and to even add salt to injury, one facilitator will demand 40% of it because he made it happen. Nah me and am go repay am?

About 5 days later, I got an SMS from NMFB that my loan has been approved and I should follow a link, input my details and get credited. I ignored this message and went about my business. A week after, I got another message from the same NMFB that they have created a NISRAL account or something for me. I was a bit confused and perplexed because I did not click on their link because I am not interested in their loan. I checked my account balance to reassure myself and it showed that no money was credited and I was a bit relieved.

Now, just about 20 minutes ago. I got a whopping 700k alert from NMFB for a loan I don't want.


The question I need to ask you elders is : What next for me? I must also add that my uncle demanded that if I get credited, I must pay that 40% to the facilitator guy but ofcourse I won't because I will not even inform him that I have been credited.

- Buy a tricycle and give to a rider? Because Obviously I can't drive it because I am a student

- Buy a piece of land and wait for it to appreciate

- Buy bitcoin and hold

- Buy dollars and keep

- jejely return the loan (I don't even know how to go about this!)

- others? (Please specify)

Viking I thought they gave extension till 2022... Why are we paying now.. money no dey o

Viking07:
I hope you guys are preparing for repayments? They just sent messages to the first batch.

How sure are you because I received a text message now reminding me of my repayment...they should not just bring that this time o... Money wey don finish since last year

emmycool44:
good morning guys, the covid 19 loans actually not going to be paid back that i can assure cos i worked closely with them. 40% is actually very unreasonable to pay but then ur uncle or whoever facilitated it paid money for it to be successful so i advice u do the needfull

Well said God bless u my brother.... The only reasonable comment I have read so far, imagine your so called legal wife denying you sex almost every time by giving u unreasonable excuses, like "I'm tired",
"I'm feeling sleepy" let's do it some other time and the hubby has discussed with her severally telling her the implications of her attitude, if such hubby now have a side chick is it a crime? Infact I get confused most times and start asking myself this question, do I go for side chick or olosho, because olosho will never call u to ruin ur home, but can give u STDs... but thee

oneda:

You also do not take cognizance of the fact that the wife is to blame sometimes.
So many married men are suffering in their own marriages. They're denied sex by their wives for many flimsy reasons. So many married women feel arrived once they're married. They stop taking care of themselves except they're going out. They ration sex based on their moods, nags the man to oblivion, et cetera. Soon they start looking more like the man's mother instead of his partner.
How many married women try to even work out and stay fit? These are some of the things that attracted the man in the first place and the side chicks know this for sure. The wives know too but they simply don't care.
When I was younger, my mother made sure we eat before leaving the house. So if you bring any food to give me in school I won't eat because I am full.
Wives should simply be their husbands' side chicks and any man who goes further than these is a womanizer.

Viking07:
This is false. Nobody has started paying as the repayment has been shifted by 1 year. The second time they will be shifting it because of the pandemic.

Viking pls I need clarity, what do u mean by the second time? I knew about the cbn circular ealier this year that it has been extended, are u saying now dt d repayment has been extended again till 2023?

Exactly what ma thinking

Mavrick2012:
Wednesday and Thursday?
What if the moon refuse to show tomorrow?
If the moon isn't sighted tomorrow evening,it means sallah can't be Wednesday,but Thursday.
Is the FG just using style to declare 3 days holidays for the sallah?

Pls how much did u applied for? And is it household or sme?

toask111:



March, 2021

Is it a registered business or non registered business?

Anonymousgister:
My woman just received an email shortlisting her for the NYIF compulsory training on Tuesday, 23rd of March.

I registered for the both of us on same day, but I haven't gotten similar email.

Any one gotten such email yet?

Good day everybody, pls I need your candid advise, I have been able to verify my email but I applied for CAC registration but the certificate is not out yet, and I wish to apply as a registered business so that I can access a reasonable amount of money.

My concern is I hope it won't be like covid 19 loan dt dey abandoned SME and approving for household, and now dt they are inviting people for training, I hope I'm not shooting myself in the leg, make the money no go finish o but 250k can't is too small for my business.

Are those that have been shortlisted for training a registered business or household?

Who cares about economy ....how have we (the citizens) been coping for the past yrs that the economy has not been favoring us and some pot belly elders puting on agbada and cap calling themselves member of the house has been collecting unreasonable allowances and salaries all in d name of sitting for a meeting.... some politicians will award contract for the family members just to embezzle money,

2. Where are all the money that was donated last year from different sources just to cushion the effect of covid on the economy... Is FG paying back the money? It's not a loan so why are they giving the citizens in form of a loan to be paid back with interest?

Let's just use the money wisely Incase things goes otherwise we can pay easily meanwhile I pray make Dem dash us this money... I think carpentry work would be very lucrative very soon because many people would be moving their money to piggy bank (kolo) when they refuse to pay back FG money

Gcool2:
there isn't a stringent measure In place to recover the loan from debtors...people take it with levity also,it isn't collaterized, so many people can get away with it..but how will the government fill this gap of unrecovered loans?it will tell on the economy.

This might be error o, like I saw a circular that was released recently that the moratorium period has been extended by 12 months, meaning repayment will start next year or so or I didn't get the message....see attached

uyogabie:
Any one here got a message a message for repayment?

I got the money June 30th last, it's not up to the 12 month monatorium.

Pls for those that has successfully registered, is it dt u got d verification mail immediately when u put your email address and submit to get new verification code because mine takes days before it will drop and I don't which one is even dropping, may be we should just do it once and leave it for 3 days to see if anything is gonna show or not Dem we can retry

I heard the application is closing by February 28 how true is this? If true what will happen to those that have not been able to verify their email?

This one that they are saying registration is closing on the 28th of this month...what about those that are finding it difficult to very their email because they aren't getting mail ... Is it going to affect them too?

I noticed many people putting 500k as loan amount for non registered business... But I tot dey said the maximum accessible amount for non registered business is 250k? I hope they will not do like covid 19 loan that they are approving lesser amount and without approving for SMEs ... At all at all na im bad o

Bros u dey vex o...sebi u don collect covid 19 loan ?? U still want collect NYIF??

Fucklove:
Seun, mynd44, lalasticlala, Dominique, ogwuego, FOD, abeg una fit recommend any accountant for nairaland wey fit help me solve this difficult questions nirsal set abeg. This loan na my only hope to prove to my wife how much I love her abeg

Is your sister part of the directors of the company Because I think directors BVN would be needed, pls confirm very well if u can use another CAC documents for your application.

jamesbridget13:
Hello guys pls is TIN compulsory for those that used CAC? My hubby's CAC was registered last November. I want to use it for my sis. Pls is TIN compulsory?

Let's use this money wisely o...for those of us that believed this covid 19 loan is their own share of the national cake ... NIRSAL NO DEY PLAY o unless u will not be able to access any loan again in Nigeria,
I just checked my credit report on carbon app now, NIRSAL don put am say i dey owe Dem money o, although the repayment never start o.. money wey don finish teytey. May God help me o

Maximum 250k

Khadrenaline:

What if you don't have a CAC registered business, what's the range of loan that can be disburse to such person?

It seems u are right because I have gotten covid 19 loan and also applied for NYIF and since then I have not heard anything, I shouldn't have applied dt nyif for my wife may be they would have approved her covid 19 loan .. anyways we move... Can another person CAC be used or is there any way they will verify the documents, ls don't say am too desperate o, just asking nio, I want a bigger amount not 250k

ADEBAZ95:



I doubt you can get approved for covid 19 loan since you have been selected for nyif.

I got covid 19 loan but wasn't selected for NYIF.
My friend that was not approved for covid 19 got selected for NYIF


But everything is about luck in Nigeria because some people on facebook said they were approved for both

Thanks bro for your response,I hope this approval will not affect the covid loan because am still optimistic about that loan considering the amount involved, I know u might not have info as regards dt as u no be CBN/NIRSAL staff but anybody dt has d info can help plus if I tried to get a CAC what's gonna determine the amount I will be given because I don't remember putting any amount during registration.

rxmusa:

Yes she can get it but mind you it's only the 250k. If you want anything higher you've to get CAC.

NB: After they've approved the loan, they'll assign her to online training either via Whatsapp or YouTube and she'll have the training certificate all free. But as of now, they're probably going to ditch the training aspect since they've removed it as prequalification

Please Good people of this nation... I applied for covid 19 loan for my wife and also applied for NYIF with the hope that at least one of it will be successful, but since June last year I've been waiting for approval and it didn't come and also the bvn has been saying doesn't exist on the portal, probably the loan has not been approved

But she got a message yesterday that her NYIF loan has been pre-approved, and she did as instructed but she didn't get any mail.

My question is can she get d NYIF loan without a registered business name, EDI certificate, and business proposal?

I would have preferred they approve that covid 19 loan because it is stress-free and d amount would make more sense dt dz 250k .

NB: am not trying to derail d thread I've searched tru NL can't see a better thread for NYIF.

The king yaf spoken...make I cross leg dey expect approval

Kabiyesi12:
I can smell another batch of approval and disbursement.
Father, let my approval come in Jesus name

Good writing doesn't come with wealth. It's a pity as rich and wealthy he is the writing no too good...I no sure say d guy use 2D for school anyways he tried RIP to your mum.

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.

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?

I would have just overlook this post and move on but I think I need to correct some impressions... Am not the type that constitute nuisance on NL or any social media like nowadays teenagers,

I've never been to US and I might not get the correct info, as a matter of fact I saw the caption on someone's TL and I decided to share it not that am saying the info is real.

If you have any contrary information, u should have politely raised it and I'll appreciate but your last statement shows the kind of person u are.

Anyway thanks for the info "Mr Know All" but it's not everything that requires insult.

NB: I might not respond to this message anymore if u like quote me and abuse my papa plus my mama join i go just dey look, wetin dey my mind plenty pass social media argument.

Afamed:

Stop misleading people. US never gave $300 weekly to any of her citizens. The recent second stimulus of $600( with condition attached) approved by the President took them more than 3/4 months before an agreement was reached.
Stop misleading people here with fake news.

You have to show evidence that you have paid your Tax in previous years before you can even qualify to get that $600

It is never a weekly but the 2nd stimulus package this year.
So take your lies to another social media