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Nairaland Forum / Nairaland / General / Agriculture / CBN’S N220 Billion MSME Development Fund- How To Access It. (42634 Views)
How To Apply For CBN Agriculture LOAN 2016 (NO COLLATERAL) / Just A Month To Access This Loan Anywhere In Naija / How To Access CBN-MSME's Fund Through Skyebank (2) (3) (4)
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Re: CBN’S N220 Billion MSME Development Fund- How To Access It. by Lesgupnigeria(m): 8:45am On Jun 22, 2015 |
Re: CBN’S N220 Billion MSME Development Fund- How To Access It. by Lesgupnigeria(m): 9:33pm On Jun 22, 2015 |
Re: CBN’S N220 Billion MSME Development Fund- How To Access It. by Lesgupnigeria(m): 6:56am On Jun 23, 2015 |
Good morning people! |
Re: CBN’S N220 Billion MSME Development Fund- How To Access It. by Lesgupnigeria(m): 7:50pm On Jun 23, 2015 |
Re: CBN’S N220 Billion MSME Development Fund- How To Access It. by Lesgupnigeria(m): 10:26am On Jun 24, 2015 |
Keep doing,keep working and success will knock at your door 1 Like |
Re: CBN’S N220 Billion MSME Development Fund- How To Access It. by Lesgupnigeria(m): 6:25am On Jun 26, 2015 |
Re: CBN’S N220 Billion MSME Development Fund- How To Access It. by temirunsh: 10:19pm On Sep 15, 2015 |
Hi Jamp, How can I get more information on this? Thanks. Temi jamp: |
Re: CBN’S N220 Billion MSME Development Fund- How To Access It. by jamp: 6:09am On Sep 16, 2015 |
temirunsh: My bro, you sent PM to me. I have forgotten my yahoo email password. call me on 08175286456 |
Re: CBN’S N220 Billion MSME Development Fund- How To Access It. by Kasfarin(m): 2:10pm On Sep 16, 2015 |
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Re: CBN’S N220 Billion MSME Development Fund- How To Access It. by kaysy(m): 4:04pm On Dec 27, 2015 |
Has anyone gotten this loan? |
Re: CBN’S N220 Billion MSME Development Fund- How To Access It. by Stanleyobey: 5:14pm On Dec 27, 2015 |
LSA: Please can a piece of land be a collateral for me |
Re: CBN’S N220 Billion MSME Development Fund- How To Access It. by kaysy(m): 4:03pm On Jan 11, 2016 |
Zenith Bank and diamond Bank within my location seems not to be aware of this scheme, please who has got some fund via this scheme. |
Re: CBN’S N220 Billion MSME Development Fund- How To Access It. by zayons: 5:51pm On Jan 11, 2016 |
kaysy: yes I am one of the beneficiary of the CBN loan . although it is a long process but real. interest is 9% per annum. am still repaying monthly. |
Re: CBN’S N220 Billion MSME Development Fund- How To Access It. by kaysy(m): 5:59pm On Jan 11, 2016 |
zayons:Plz kindly share how and where you got yours cos my banks are denying knowledge of this scheme, i really need this loan now to expand my business. thanks |
Re: CBN’S N220 Billion MSME Development Fund- How To Access It. by explorer2: 10:39am On Jan 12, 2016 |
am new here, pls can someone welcome me, but that is by the way. now to the loan matter pls how can some one really benefit if its true, this will really help a lot of farmers. |
Re: CBN’S N220 Billion MSME Development Fund- How To Access It. by explorer2: 11:06am On Jan 12, 2016 |
Lesgupnigeria:bros its people like u I've been looking for, am just newbie in agribusiness so how can I contact u pls when u give out ideas u are blessed with more tanks. |
Re: CBN’S N220 Billion MSME Development Fund- How To Access It. by jam04(m): 11:43am On Jan 12, 2016 |
See people hoarding information as if the disbursed fund belongs to them. If you share info how you got yours will that make the bank withdraw the loan they gave you? For those interested, approach first bank in your area. They are more receptive and have agric desk, also make sure you have a collateral or a guarantor in place. Diamond bank accepts guarantor in place of a collateral. skyee bank accepts collateral Hope this helps 4 Likes 1 Share |
Re: CBN’S N220 Billion MSME Development Fund- How To Access It. by ollyboy009(m): 12:48pm On Jan 12, 2016 |
jam04:God bless you bro, you spoke my mind. Pls what is the duration for using the loan (12, 24 or 36 months)? and what is the maximum this scheme lend to agroprenuers? |
Re: CBN’S N220 Billion MSME Development Fund- How To Access It. by jam04(m): 12:59pm On Jan 12, 2016 |
ollyboy009: It amaze me how some people hoard public information as if it make their lives better. For small scale businesses and start up it is 500,000 and repayment is within a year at 9% interest rate max For medium scale businesses maximum loan is 50 million with a 3 years repayment plan. Collateral does not necessarily mean landed properties. It could be equipment( farm equipment) or machinery 1 Like |
Re: CBN’S N220 Billion MSME Development Fund- How To Access It. by ollyboy009(m): 2:49pm On Jan 12, 2016 |
jam04:Jams baba, u are too much my bro, God bless you 1,505,291 times. I guess I will enquire at a nearby first bank, I have land to use as collateral though I havnt done the survey title. Farming ti take over! |
Re: CBN’S N220 Billion MSME Development Fund- How To Access It. by pasol4real(m): 9:56pm On Jan 12, 2016 |
Lesgupnigeria:God bless u sir |
Re: CBN’S N220 Billion MSME Development Fund- How To Access It. by Papajojo: 10:03pm On Jan 12, 2016 |
Please what are other document required for these loan. |
Re: CBN’S N220 Billion MSME Development Fund- How To Access It. by HOPE8888(m): 10:09pm On Jan 12, 2016 |
I want to go into poultry farming business.. How much should I have to start.. I have close to 300k for now. |
Re: CBN’S N220 Billion MSME Development Fund- How To Access It. by OkoAnike(m): 10:15pm On Jan 12, 2016 |
Lesgupnigeria: I was in (BOI) on monday, the info I got was that the Minimum credit facility they can give is 5 milliion, hence I was referred to another Bank, main street Bank, which they said BOI has affiliation with, but when I got there the story is the same... For #500,0000 you pay back in six month, u will pay a grand total of #620,000. So u present a post dated cheque of #104,000 for that six month. The problem is this in production how do u get to refund this bill in six month, how! How!! How!!!? 2 Likes |
Re: CBN’S N220 Billion MSME Development Fund- How To Access It. by elyesh(m): 10:23pm On Jan 12, 2016 |
PLS SEND A TEXT LETS MEET AM INTERESTED IN THE LOAN JST TEXT ME IWILL CALL U 08033103680 [quote author=Teagirl post=32642300] if you are a farmer and you stay in abuja... Contact me, am looking for people in agric business to come acces loan[/quot |
Re: CBN’S N220 Billion MSME Development Fund- How To Access It. by timawoku(m): 10:24pm On Jan 12, 2016 |
If you are in lagos and you want an access to the CBN intervention fund ( through manufacturer association of Nigeria (MAN),) contact me on 2B8433B2, its faster and more assure you go through MAN. |
Re: CBN’S N220 Billion MSME Development Fund- How To Access It. by ril19(m): 10:31pm On Jan 12, 2016 |
jamp: if the bolded is true then you know that nigeria is wicked. how can a needy farmer in shaganmu afford such a collateral? in the end the billions will end up benefiting only the rich. |
Re: CBN’S N220 Billion MSME Development Fund- How To Access It. by MWTH(m): 10:35pm On Jan 12, 2016 |
Lesgupnigeria: This funds has been there for over 5 years. I'm an ex-banker with experience in disbursing these loans. It's accessible in very few banks from the knowledge I have. So don't go and waste your time in any bank that has no history of disbursing such facility. Requirements: 1. A thorough business plan with 6 months as your break even period. 2. Ensure you have your 3 years tax report 3. Get a collateral - This could vary from Land with C of O to cash equivalent as fixed deposit & if you already have stock, then you can allow for valuation of your stock and you will be qualified for at most 75% of the value of the collateral but must be within the single obligor's approval limit. 4. Your bank statement of account showing history of transactions within the last one year. 5. You also need your books of account in case you don't have a bank statement. Though some banks may ask for both. 6. You need to have the business site on ground for inspection to enable the account officer dealing with you to snap and send to credit RIsk MAnagement for appraisal 7. You also need to have a corporate account or probably join a group of cooperative to access it as a group. Finally, your business plan must be able to address your target market; expected turnover monthly; marketing plan; sales technique n delivery process while bearing in mind your pricing that will bring you to a break even; the market consumption gap you want to fill. I hope this serves. WWW.marketing with trump hills.com; WWW.buildyourdreamhouseng.com Meet me on Facebook Tim Ede-Abel I have loads of Marketing, Sales & Business Development skills I'm giving out for free. Meanwhile I also run radio programs for Young Hustlers & money Talks with Tim Abel on Armed Forces Radio 107.7FM Abuja every Monday 11-12. We can help showcase your products for free on my platform. Thank you 4 Likes 2 Shares |
Re: CBN’S N220 Billion MSME Development Fund- How To Access It. by Stanbeto: 10:45pm On Jan 12, 2016 |
I will be very happy if they can give me this loan |
Re: CBN’S N220 Billion MSME Development Fund- How To Access It. by meetmal03(f): 10:52pm On Jan 12, 2016 |
Re: CBN’S N220 Billion MSME Development Fund- How To Access It. by Nobody: 10:59pm On Jan 12, 2016 |
Teagirl: |
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