DeckeyLyrical:
Please if you update your details through back link, do you still need to go Nirsal office to inform them? Please if you have the experience let me know

Floxymana01:



Please if you have any phone number of nirsal, please help me with it, because the one I have has been switched off since three days now

DeckeyLyrical:


They are not picking

Floxymana01:



I haven't received my loan since November

DeckeyLyrical:


How much?

Floxymana01:



280,000.... Since November 22.... I have upgraded my account up to 5times

Buddy0:


Have you been expecting your loan approval, keep checking your status using the simple method:

1. Open https://covid19.nmfb.com.ng

2. When it loads, select the type of Loan you applied for. Either SME or Household

3. Enter your BVN. Do not worry, the website is the official website of Nirsal Microfinance Bank for the COVID-19 TCF just as https://nyif.nmfb.com.ng is for Nigeria Youth Investment Fund and https://nirsalmfb.caderp.com/Account/Register for AGSMEIS Loan Scheme.


4. A response will be displayed when you enter your BVN.

(A) If it says your Loan has been approved, it will load your details asking you to accept your Loan offer. Proceed to complete the process and enter bank name and your account number. Avoid mistakes here.
(B) If it says 'Your loan has not been approved, check back later, kindly check back later as they said.

(C) If it however displays "BVN does not exist", do not panic. Just keep checking back from time to time as approval is on going and hope is high.

Patience is the only price one has to pay to get COVID-19 Targetted Credit Facility Loan.

Cc: Kingmekus

prince4pro2:

Same with my dad. UBA Approved and accepted 18th March still no alert yet

prince4pro2:

My dad don finally get his alert.

prince4pro2:

My dad don finally get his alert.

Floxymana01:




Please please what did your dad do, Please talk to me

prince4pro2:

Nothing but to wait

Agwadi:
I don wait 3 months and I don tire.....I call them to cancel my loan nd not to give me any money again! I no do again!!

The lady start to preach "be patient" naso I cut call.....

timothyuche1:

This is not true! You don't need to oil any body's palm to get paid, I'm a living witness.
I applied last June, got approved on 18th March, just got paid this morning. Note: I don't even know where nmfb branch is in my state not to talk about oiling palms. They approved 750k for me

Beremx:
The Central Bank of Nigeria has halted all further disbursements to the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), Peoples Gazette can report, amidst widespread allegations of corruption.

jmoore:


But some people got approval after 10th of March.

Obviously has no correlation with Covid-19 loan.

jmoore:


But some people got approval after 10th of March.

Obviously has no correlation with Covid-19 loan.

tboy1980:

Nirsal have not posted anything concerning this on either Facebook or their twitter page

meetgaya:


this is anchor borrowers not others I guessed

Beremx:
The Central Bank of Nigeria has halted all further disbursements to the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), Peoples Gazette can report, amidst widespread allegations of corruption.

The agency’s flagship Anchor Borrowers’ Programme and its chief executive Aliyu Abdulhameed have been rocked by charges of endemic graft in recent months, with multiple officials plugged-in about the crisis telling The Gazette that Mr Abdulhameed has all but run down the flagship commercial agriculture scheme.

The CBN’s suspension of further loans to NIRSAL under Mr Abdulhameed was contained in a March 10 correspondence that referenced a February 24 meeting in which the decision was taken for an immediate pause on all loans. The memo said the decision would only be rescinded after all outstanding loans out of NIRSAL have been resolved.

NIRSAL was also asked to submit monthly reports on its activities to CBN, a decision that indicated a retraction of CBN’s confidence long enjoyed by the credit risk managers.

Officials said the action was a major blow to Mr Abdulhameed, although it would also leave some farmers stranded since NIRSAL would no longer have any loan to disburse or plunder.

“We know it is bad for the Anchor Borrowers’ Programme, but at least we know that there will be no money to steal further,” an official said under anonymity because of his current appointment under the Buhari administration. “The CBN’s action is a welcomed development because NIRSAL has been exposed to a lot of bad debts due to its focus on corruption rather than productivity and development of the agric value chain.”

jmoore:


But some people got approval after 10th of March.

Obviously has no correlation with Covid-19 loan.

Georgemoore:

Exact my take on this

jmoore:


But some people got approval after 10th of March.

Obviously has no correlation with Covid-19 loan.

meetgaya:


The letter of suspension is to NIRSAL plc not NIRSAL microfinance Ltd.
NIRSAL microfinance will continue with responsibility of disbursement as long as CBN approved your loan.
Cheers