frakdon:
please bro, you have any idea on how 1 can get the bankable plan? Thanks.

With a simple fee you can get one

TIPTEC:


Thank you so much for offering to assist in Agro business. I will appreciate it if you can send your phone or email to me so i can contact you 08098131238. Thank you

yusuffgbenga@gmail.com,08164628081;08092034147:

Liadi2:
Good morning, pls how can a fresh graduate access this loan without any collateral although I am ready to use my certificate as collateral, more so pls anyone with a fishery farming business plan should pls for God sake share it for me Biodunayodele68@gmail.com.

you cant use your certificate as collateral to access loan for now.
I will advice that you get intense training on the agribusiness you are venturing into.

fuke:


Not exactly.
You will write a comprehensive business plan including marketibnbg plan, cash flow statement, cash forecast.
The proposal must be bankable.

having satisfied your bank with this, the bank then sends your application to the cbn who approves or not.

If CBN approves, it then comes to your branch for disbursement.
Bottom line, You need to have a bankable plan.

you are correct.
No loan will ever be disbursed without a bankable business plan.

nijabazaar:
OP from the discussions here it seems the credit facilities is lenient for farmers. How hard is it (accessing wahalas) for someone who wants to go into Media related micro business?

if your business fall within the business categories stated above,then you can access the loan.

jam04:

With a simple fee you can get one

how much e go be?

frakdon:
how much e go be?

Depend on what you want to write on and the volume.
Whatsapp me 07069457328

jam04:

Depend on what you want to write on and the volume.
Whatsapp me 07069457328

I'll do that

Lesgupnigeria:
I hope this will be helpful for people looking to access loan for agricultural business


Finally the Central Bank of Nigeria has published the procedure for accessing the fund. Find text below.

1.0 Is your business in any of the following areas?
. Agriculture
. Manufacturing
. Cottage Industries
. Artisanship
. Services
. Trade and general Commerce
. Renewable energy/energy efficient products and technologies
. Other income generating projects as may be prescribed by the CBN

2.0 If “Yes”….
2.1 Prepare your business plan or statement on how much you want for your business
2.2. You can get loan of up to:
(a) N500,000.00 for your micro-business; and
(b). N50 million for Small & Medium Enterprise (SME)

2.3. Go to your bank or any of the following institutions to access the Fund:
. Microfinance Banks
. Commercial Banks
. Cooperatives
. Finance Companies
. NGO-Microfinance Institutions
. Development Finance Institutions, i.e. Bank of Industry and Bank of Agriculture

3.0. Tell your bank how much you need

4.0. Your bank will discuss your request and provide you the money
4.1 The maximum interest rate of 9.0% p.a (charges inclusive) is applicable to all loans

5.0. Period for the repayment of the loan:
a) For micro business, it is a maximum of one year
b). For small and medium enterprises, it is a maximum of three years

NOTE: 60% of the Fund is reserved for enterprises owned by women; 2% for persons living with disability and 10% for start-up businesses.

There have been reports of bank branches claiming ignorance of the fund. In that eventuality or for more information, please send e-mail:
msmedf@cbn.gov.ng

Please what is the application closing date?

[quote author=Lesgupnigeria post=41956426]
you can put down 20% equity of the loan from your salary as collateral[/quote

thanks....
That means i am good to go......

Lesgupnigeria:

if your business fall within the business categories stated above,then you can access the loan.

Greet job Sir.
How about the cooperative thing. Do you know any I can join.

Also the collateral, must it cover the loan amount?

[quote author=topfally75 post=42010064][/quote]
Yes,you are

I am into computer business already registered with cooperate affair commission and i will like to apply for the loan to buy large format machine please what are my chances house.

Masky2000:


Thanks Bro, for the detailed info

Please, kindly assist me on this

I am trying to apply for loan from a close friend to help me start up a business like a small restaurant and needed a "Business Plan" so i can present my request properly to him to enable me solicit for this funds.

My interest is actually to start something on the average level and then grow it with time.

You can also advise me on all that is required and suitable at this level, or if you think there are better businesses than restaurant, kindly indicate, someone has already asked me to go into selling of Building Materials

Please your advice, thank you

The restaurant business is a good one. You can call me on 07037693593 and let's discuss further.

Thank you

Lesgupnigeria:
Being a startup does not stop you from registering as a farmer or access loan.

Thanks for your good work. Please how can I register as a farmer as an individual to access the loan?

Lesgupnigeria:

you cant use your certificate as collateral to access loan for now.
I will advice that you get intense training on the agribusiness you are venturing into.

Wrong info. You can now use your certificate as collateral in addition to providing a guarantor

slydog:


Wrong info. You can now use your certificate as collateral in addition to providing a guarantor

There are some loans facilities by first bank you can use certificate as collateral but not CBN 220B MSME development fund.

Lesgupnigeria:

There are some loans facilities by first bank you can use certificate as collateral but not CBN 220B MSME development fund.

Am telling you for a fact. By the way, I need a business plan on meat/animal butchering, cows, goats, sheep's and chicken

slydog:


Am telling you for a fact. By the way, I need a business plan on meat/animal butchering, cows, goats, sheep's and chicken

ok. lets discuss.
check my signature for my contact details

Gidiboss89:
how can I get in touch?

How can I get I touch

I intend to start something like meat delivery. All I have is my business plan. Please I need people to direct me O how to get a loan. I don't even have a start up capital

Lesgupnigeria:

ok. lets discuss.
check my signature for my contact details

I also need a help on business plan on poultry farming business

I went to some banks,they said I have to operate an account for 6 months, it also depends on my transactions within that period. In addition, deduction will be made from that account ,even when I have not taking any loan

HOPE8888:

I also need a help on business plan on poultry farming business

you can contact me.check my signature to get my details.

agricexport:
I went to some banks,they said I have to operate an account for 6 months, it also depends on my transactions within that period. In addition, deduction will be made from that account ,even when I have not taking any loan

that's ridiculous, and i have also been nursing the ambition of assisting my mum to get this loan. it seems it is going to be just another waste of time

klbakare:


that's ridiculous, and i have also been nursing the ambition of assisting my mum to get this loan. it seems it is going to be just another waste of time

You won't just go to the bank and ask the loan manager to give you loan without first establishing a relationship by banking with them for a while.
Any good thing does not come on a platter of gold,Be persistent and patiently follow the guidelines.
God bless

Lesgupnigeria:
No more worries about who to talk when starting out,you can send a mail or call me for advise,free mentorship for a headstart in your agribusiness.

You can also book one-on-one arrangement to discuss about how to succeed in the business of agriculture.
It is absolutely Free.

.

Lesgupnigeria
i hooe your mentorship offer still stands
Please inbox your email (graz2greyz@gmail,com) or phone number, i need to talk to you .-

graz2greyz:
.

Lesgupnigeria
i hooe your mentorship offer still stands
Please inbox your email (graz2greyz@gmail,com) or phone number, i need to talk to you .-

ok.08164628081

I dont think this MSME of a thing real or even been started as claimed by cbn. Till this moment, some banks are still claim ignorant of the whole stuffs.

For instance, i have a very strong bankable plan with Diamond, Access, skye and Stanbic banks. To my utmost surprise, only in the Stanbic bank that they gave me a good response(the bank i dont even expect they know watup compare to the previous 3 i used). A guy from Stanbic bank advised me to keep making use of my account with meaningful transactions for at least 6 months in order to quaulify. I opened an account with them immediately, makes sure i had nothing less than #2m (inflow and outflow) each month.

But seem now that the hope of getting the said loan is gradually heading to Sambisa forest reserve as the guy make a U-tune the last time i checked his office upstaire that the CBN is not yet authorize or starts approving requests from aspiring enterpreneurs.

Am i missing something here"Gurus in the house"? 8% interest on 10m loan will be so sweet. make una say something abeg.

yemmit90:
I dont think this MSME of a thing real or even been started as claimed by cbn. Till this moment, some banks are still claim ignorant of the whole stuffs.
For instance, i have a very strong bankable plan with Diamond, Access, skye and Stanbic banks. To my utmost surprise, only in the Stanbic bank that they gave me a good response(the bank i dont even expect they know watup compare to the previous 3 i used). A guy from Stanbic bank advised me to keep making use of my account with meaningful transactions for at least 6 months in order to quaulify. I opened an account with them immediately, makes sure i had nothing less than #2m (inflow and outflow) each month.
But seem now that the hope of getting the said loan is gradually heading to Sambisa forest reserve as the guy make a U-tune the last time i checked his office upstaire that the CBN is not yet authorize or starts approving requests from aspiring enterpreneurs.
Am i missing something here"Gurus in the house"? 8% interest on 10m loan will be so sweet. make una say something abeg.

That same bank did exactly the same thing to me. I had a turnover of like 10 mil in four months. when i inquired if i can start the application process, the stories started.

Teagirl:
if you are a farmer and you stay in abuja... Contact me, am looking for people in agric business to come acces loan

how do i contact u, am in abuja and i would like to access it.

PLS. I HAVE A CERTIFICATE OF YOUNG FARMERS MULTIPURPOSE CORPORATE ASSOCIATION. 2) CERTIFICATE OF ARTISANAL SMALL SCALE MINERS CORPORATIVE ASSOCIATION. 3) A COLLATERAL WITH FORCE VALUE OF N40 MILLION. CAN SOMEBODY HELP ME GET THIS LOAN? 07031025778,PLS CONTACT ME FOR SERIOUS TALK.