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CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday - Business (306) - Nairaland

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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 jmoore(m): 10:42am On Jul 16, 2021
Bigdadson:
NMFB Covid-19 Loan:
Nirsal Set Disbursement Date.

The Federal Government through the Nirsal micro finance bank (NMFB) has announced disbursement date for SME and Household Loan for all the applicant that applied in the month of March to April 2021.

The Central Bank of Nigeria (CBN) has made a Disbursement of 300 billion naira to Nirsal Microfinance Bank for payment of remaining applicants of 2020 and 2021 new applicant on Targeted Credit Facility (TCF) as a stimulus package to support households and Micro, Small and Medium Enterprises (MSMEs).

Disbursement date has been announced.

NMFB Disbursement date will commence from August – September 2021.

The Nirsal Microfinance Bank (NMFB) Loan amount to Household is 100,000.00 to 500,000.00 naira, and Loan amount for SME will be from 1,000,000.00 to 3,000,000.00 naira

Nirsal Microfinance Bank -NMFB Shortlisted Candidate Loan Status from across the 36 States of the country and Abuja, the Federal Capital Territory

What's the source of this information?


The facts on ground makes your information FAKE. People have already gotten approval and paid from April, May, June and July.

Therefore saying disbursement will start on August is a FAKE news.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Yasirabu12(m): 11:38am On Jul 16, 2021
Nirsal send me 2 different account number that they create for me, i login the app my loan is not there empty balance and uptil now I never receive alert of my covid 19 household loan and I accept the loan since 2/march/2021 please what should I do now
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by peeps4u: 12:49pm On Jul 16, 2021
I've been seeing this everywhere, looks like what an anymymous wrote. No reference to where this was stated, no reputable source or media carried it.

Good luck to everyone though


Bigdadson:
NMFB Covid-19 Loan:
Nirsal Set Disbursement Date.

The Federal Government through the Nirsal micro finance bank (NMFB) has announced disbursement date for SME and Household Loan for all the applicant that applied in the month of March to April 2021.

The Central Bank of Nigeria (CBN) has made a Disbursement of 300 billion naira to Nirsal Microfinance Bank for payment of remaining applicants of 2020 and 2021 new applicant on Targeted Credit Facility (TCF) as a stimulus package to support households and Micro, Small and Medium Enterprises (MSMEs).

Disbursement date has been announced.

NMFB Disbursement date will commence from August – September 2021.

The Nirsal Microfinance Bank (NMFB) Loan amount to Household is 100,000.00 to 500,000.00 naira, and Loan amount for SME will be from 1,000,000.00 to 3,000,000.00 naira

Nirsal Microfinance Bank -NMFB Shortlisted Candidate Loan Status from across the 36 States of the country and Abuja, the Federal Capital Territory

1 Like

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by kenlolly75: 4:56pm On Jul 16, 2021
jmoore:


What's the source of this information?


The facts on ground makes your information FAKE. People have already gotten approval and paid from April, May, June and July.

Therefore saying disbursement will start on August is a FAKE news.
Most 2021 Registration that got approval are from insiders, meaning they know someone that gave them contact for their application to be approved on time and got paid as well, with rubbing of hands - giving a particular percentage.. That's the fact.

3 Likes

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by jmoore(m): 5:06pm On Jul 16, 2021
kenlolly75:
Most 2021 Registration that got approval are from insiders, meaning they know someone that gave them contact for their application to be approved on time and got paid as well, with rubbing of hands - giving a particular percentage.. That's the fact.
You are only speculating.

You don't know the meaning of fact.

So you believe an info that is not from official source?

No wonder most Nigerians are gullible.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Calculux95: 6:48pm On Jul 16, 2021
kenlolly75:
Most 2021 Registration that got approval are from insiders, meaning they know someone that gave them contact for their application to be approved on time and got paid as well, with rubbing of hands - giving a particular percentage.. That's the fact.

I don't know about the info on disbursements for September

But this is correct.

2 Likes

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by jmoore(m): 10:52pm On Jul 16, 2021
Calculux95:

I don't know about the info on disbursements for September
But this is correct.
The way some of you believe fabrications just to console yourselves.
If you are told to present empirical evidence, you will fail.

2 Likes 1 Share

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Nobody: 11:26pm On Jul 16, 2021
Good evening everyone.

Please how can one check the status of his covid loan.

They keep saying my Bvn doesn't exist
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by kenlolly75: 12:40am On Jul 17, 2021
jmoore:

You are only speculating.

You don't know the meaning of fact.

So you believe an info that is not from official source?

No wonder most Nigerians are gullible.

Sit down there, be talking of "speculating". Even most that registered here this year and has gotten it can testify. Things are happening about this NIRSAL LOAN if you don't know. You think the delay of approval for online registration is normal right?

People that didn't even Registered at all online are the ones getting the loan, and even getting it faster.

7 Likes

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Calculux95: 4:51am On Jul 17, 2021
jmoore:


The way some of you believe fabrications just to console yourselves.

If you are told to present empirical evidence, you will fail.

Boss, everyone is entitled to his opinion. In this case there's nothing to believe, just facts.

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by kcboy34(m): 7:03am On Jul 17, 2021
Please is there a way I can fix this?


I totally forgot about that I applied for the covid19 support. A friend got credited today so I remembered I did mine. I checked with my bvn and I saw that I was approved but I didn't accept it so it say "I....full name... have read and rejected the terms of conditions" apparently because I didn't accept it earlier.

See image below.


Please how can I fix this?

Thanks.

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by peeps4u: 9:22am On Jul 17, 2021
I'm sorry, Nothing can be done. The loan has been automatically rejected for you for failing to accept on time.

I still don't understand why anyone who really needs this loan will forget to be checking his status for at least once a week or at least follow updates on Facebook, twitter, nairaland. Following updates will make one know people are getting approved and can be one's turn any time.

People are getting approved and paid almost every week, one doesn't need to see someone close to him gets paid before he now decides to check his status.

I hope you applied for nyif? Be hopeful on nyif and be updated if you applied for it. Your covid loan has gone, I'm sorry
kcboy34:
Please is there a way I can fix this?


I totally forgot about that I applied for the covid19 support. A friend got credited today so I remembered I did mine. I checked with my bvn and I saw that I was approved but I didn't accept it so it say "I....full name... have read and rejected the terms of conditions" apparently because I didn't accept it earlier.

See image below.


Please how can I fix this?

Thanks.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by copyrites: 9:27am On Jul 17, 2021
peeps4u:
I'm sorry, Nothing can be done. The loan has been automatically rejected for you for failing to accept on time.

I still don't understand why anyone who really needs this loan will forget to be checking his status for at least once a week or at least follow updates on Facebook, twitter, nairaland. Following updates will make one know people are getting approved and can be one's turn any time.

People are getting approved and paid almost every week, one doesn't need to see someone close to him gets paid before he now decides to check his status.

I hope you applied for nyif? Be hopeful on nyif and be updated if you applied for it. Your covid loan has gone, I'm sorry


You can't blame him o. After almost a year of checking, I've stopped bothering myself.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by TheExclusive: 1:14pm On Jul 17, 2021
Please does one need a business plan to apply?
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Primrose9ja: 1:36pm On Jul 17, 2021
kenlolly75:
Most 2021 Registration that got approval are from insiders, meaning they know someone that gave them contact for their application to be approved on time and got paid as well, with rubbing of hands - giving a particular percentage.. That's the fact.
You are absolutely right about this, I know of people who paid small money to get registered under their connect with promise to pay a particular percentage once the money enters, some get theirs within 4 to 6 weeks. This is Nigeria.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by manbello(m): 3:38pm On Jul 17, 2021
Good afternoon everyone.
Please how can one check the status of his covid loan,
They keep saying my Bvn doesn't exist grin
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by kenlolly75: 4:00pm On Jul 17, 2021
Primrose9ja:

You are absolutely right about this, I know of people who paid small money to get registered under their connect with promise to pay a particular percentage once the money enters, some get theirs within 4 to 6 weeks. This is Nigeria.
some people received alert yesterday self. Mostly union and first bank.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by peeps4u: 6:24pm On Jul 17, 2021
manbello:
Good afternoon everyone.
Please how can one check the status of his covid loan,
They keep saying my Bvn doesn't exist grin

That's the right channel, you're only yet to be approved. Once it is approved, you get a different page where you will see your loan terms and conditions which you will accept and then wait for disbursement.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by manbello(m): 9:12pm On Jul 17, 2021
peeps4u:


That's the right channel, you're only yet to be approved. Once it is approved, you get a different page where you will see your loan terms and conditions which you will accept and then wait for disbursement.
Thanks sir
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by gameboy727(m): 7:02pm On Jul 18, 2021
How long will the payment duration last? Some of the people who I registered with got paid on Thursday and Friday, yet I have not received anything. It's becoming annoying.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by odave: 8:33pm On Jul 18, 2021
Hello house,
Got my loan in May and it's already been put in use. Now, I downloaded the nmfb app around June when I got an alert of 4 naira sms charges from nmfb. When I logged in from the account number they sent, I got confused. I noticed a balance on my current account and negative balance on my savings, I've try reaching out to nmfb but since they are off Twitter now, it's not easy to reach them. Plz anyone experiencing the same? Kindly check the attached pictures. Could it be that I was approved twice?

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by jmoore(m): 9:01pm On Jul 18, 2021
odave:
Hello house,
Got my loan in May and it's already been put in use. Now, I downloaded the nmfb app around June when I got an alert of 4 naira sms charges from nmfb. When I logged in from the account number they sent, I got confused. I noticed a balance on my current account and negative balance on my savings, I've try reaching out to nmfb but since they are off Twitter now, it's not easy to reach them. Plz anyone experiencing the same? Kindly check the attached pictures. Could it be that I was approved twice?

Approval is only once.


That the balance is NEGATIVE should tell you something. Can you withdraw or transfer a negative amount?
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by peeps4u: 12:55pm On Jul 19, 2021
I think the negative balance should be the total amount expected of you to repay.

odave:
Hello house,
Got my loan in May and it's already been put in use. Now, I downloaded the nmfb app around June when I got an alert of 4 naira sms charges from nmfb. When I logged in from the account number they sent, I got confused. I noticed a balance on my current account and negative balance on my savings, I've try reaching out to nmfb but since they are off Twitter now, it's not easy to reach them. Plz anyone experiencing the same? Kindly check the attached pictures. Could it be that I was approved twice?

2 Likes

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by lakesidepapa(m): 2:18pm On Jul 19, 2021
peeps4u:
I think the negative balance should be the total amount expected of you to repay.


Good afternoon, Pls do you have or know the link to check the status of the loan.. I applied march this year
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by odave: 11:20pm On Jul 19, 2021
peeps4u:
I think the negative balance should be the total amount expected of you to repay.


You didn't check the pictures very well... There are two balances up there, check it very well, one is in negative the other one is not. I made mention of it in my post
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by odave: 11:21pm On Jul 19, 2021
jmoore:


Approval is only once.


That the balance is NEGATIVE should tell you something. Can you withdraw or transfer a negative amount?

Did you take time to check the two pictures? I guess no. You didn't even read what I wrote up there. There are two account balances there, one look like normal balance, no negative ( current balance) the other one is in negative ( savings). I even showed it in the attached picture. Had it been just one, especially the negative one, I wouldn't have asked for more clarification
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by peeps4u: 3:29pm On Jul 20, 2021
odave:


You didn't check the pictures very well... There are two balances up there, check it very well, one is in negative the other one is not. I made mention of it in my post

Is there any disparity between the positive acct balance and the amount you were credited by NIRSAL?
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by lakesidepapa(m): 3:34pm On Jul 20, 2021
peeps4u:


Is there any disparity between the positive acct balance and the amount you were credited by NIRSAL?

You swear not to help me with the link?
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by peeps4u: 3:39pm On Jul 20, 2021
lakesidepapa:


You swear not to help me with the link?

Which link please? Perhaps I had an oversight at your earlier post. I do get mentioned many times sometimes.


Modified: if it is for application check, for loan status check, visit www.covid19.nmfb.com.ng
I advise you check via both SME and houseloan. Don't fret if you see "invalid bvn or bvn does not exist" simply means you're yet to get approved.

Good luck

1 Like

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by lakesidepapa(m): 12:13pm On Jul 21, 2021
peeps4u:


Which link please? Perhaps I had an oversight at your earlier post. I do get mentioned many times sometimes.


Modified: if it is for application check, for loan status check, visit www.covid19.nmfb.com.ng
I advise you check via both SME and houseloan. Don't fret if you see "invalid bvn or bvn does not exist" simply means you're yet to get approved.

Good luck

Link not valid, it seems its no longer working.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by odave: 7:10pm On Jul 21, 2021
peeps4u:


Is there any disparity between the positive acct balance and the amount you were credited by NIRSAL?

Yes

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