From my research, the DBN loan is a federal govt initiative to boost the economy by giving low interest loans to SMEs. This cash is to be disbursed thru some select commercial & mfb. Problem is, these selected banks are denying knowledge of this much needed funds (i've been to some of the selected banks; Ecobank, fidelity n ABS Mfb), my guess is something funny is going on.
Please if any1 has similar experience or has accessed this loan, share with us. If in doubt google dbn loan or click link below, go to these banks n enquire.
We cannot allow these banks sabotage d efforts of d FGN to assist the small, medium n micro scale businesses (which of course includes u n i). This non-challant attitude n ignorance we have as nigerians is our bane, thats why d banks, telcos etc cheat n deny us our legitimate rights n dues. According to DBN, u can access up to N610m at 15% annual interest, with up to 12yrs tenure!
https://www.devbankng.com/get-a-Loan
https://punchng.com/dbn-shortlists-nine-banks-for-msmes-loan-disbursement/

Don't just pray, act, research, ask questions, go to these selected commercial n micro finance banks n make noise! Let us make it trend on social media and they'll be forced to release these funds.

Some of the selected banks include: fidelity, ecobank, wema, diamond, LAPO mfb, abs mfb etc

Please moderators, seun, lalasticlala, front page please, entrepreneurs need this info/loan.

So many things happening underG in this country

darocha1:
So many things happening underG in this country

I tell u, inside sources say d banks maybe giving this fund meant for msmes to big businesses n corporations at high interest rates, sabotaging d efforts of d fg in boosting d economy thru medium, small n micro enterprises. Now this is where we, come in, every body into msme, entrepreneurs n all small businesses its time to Speak Up! Fight for what's rightly yours, too much ignorance n laid back attitude among d youths.
This is how they make things work in all d countries u struggle to get their visas. If they sit back in USA, Canada, UK etc n watch their resources plundered by a few corrupt govt n private coys officials, you'd not dream of going there.
So act, let's begin to talk, ask d right questions from d appropriate quarters, make it trend on social media, n I bet u they'll be forced to do d right thing

How to pay off all your outstanding loan with space of 30days , call / flash or whatsapp zero Nine Zero 9162 Nine five two Zero.

How To Get Business Loan From Development Bank Of Nigeria

The Development Bank of Nigeria (DBN) was conceived by the Federal Government of Nigeria (FGN) in collaboration with global development partners to address the major financing challenges facing Micro, Small and Medium Scale Enterprises (MSMEs) in Nigeria.
Its main objective is to alleviate financing constraints faced by MSMEs and Small Corporates in Nigeria through the provision of financing and partial credit guarantees to eligible financial intermediaries on a market-conforming and fully financially sustainable basis.

https://invoice.ng/blog/development-bank-of-nigeria-loan/

CHARLOE... Have you successfully gotten the DBN loan?