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Nairaland Forum / Nairaland / General / Business / How To Access The N50billion CBN COVID-19 Loan (18820 Views)
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Re: How To Access The N50billion CBN COVID-19 Loan by ndyfaby: 2:53pm On May 14, 2020 |
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Re: How To Access The N50billion CBN COVID-19 Loan by ndyfaby: 2:35pm On May 15, 2020 |
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Re: How To Access The N50billion CBN COVID-19 Loan by Wiz247(m): 11:14am On May 16, 2020 |
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Re: How To Access The N50billion CBN COVID-19 Loan by ndyfaby: 12:19pm On May 16, 2020 |
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Re: How To Access The N50billion CBN COVID-19 Loan by ndyfaby: 9:07am On May 17, 2020 |
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Re: How To Access The N50billion CBN COVID-19 Loan by ndyfaby: 9:43am On May 18, 2020 |
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Re: How To Access The N50billion CBN COVID-19 Loan by ndyfaby: 11:12pm On May 18, 2020 |
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Re: How To Access The N50billion CBN COVID-19 Loan by ndyfaby: 10:47am On May 19, 2020 |
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Re: How To Access The N50billion CBN COVID-19 Loan by ndyfaby: 8:30pm On May 19, 2020 |
Re: How To Access The N50billion CBN COVID-19 Loan by Jonwesley(m): 8:45pm On May 19, 2020 |
Ade4all080: Hello, please did you pay any registration fees for the training? Somebody told me to prepare with #10, 000 and I was wondering if confirmed by the CBN. And when did you prepare your Business plan? |
Re: How To Access The N50billion CBN COVID-19 Loan by africanpea: 10:22pm On May 19, 2020 |
How many years would the repayment of the loan be spread into? Please someone should help me with this information, it's very necessary so I won't be under unnecessary pressure |
Re: How To Access The N50billion CBN COVID-19 Loan by waleyp(m): 10:48am On May 21, 2020 |
yes you will be told to pay 10k for the training.the training might be for a whole week. and i think you will have to do a business plan online which might be another 5k, there is another thing to do after that. but its step by step Jonwesley: |
Re: How To Access The N50billion CBN COVID-19 Loan by waleyp(m): 10:49am On May 21, 2020 |
i think max of 7 years i think ooooo but you have the choice of paying up before 7 years it depends on how you want to spread your repayment plan africanpea: 1 Like |
Re: How To Access The N50billion CBN COVID-19 Loan by waleyp(m): 10:50am On May 21, 2020 |
if any one needs information or guidelines about this can just drop a message here and i will try my best if i can help out |
Re: How To Access The N50billion CBN COVID-19 Loan by Nobody: 1:24pm On May 21, 2020 |
waleyp: Stop dishing wrong information. I applied for the SME loan and I only paid 10k for deposit to open a corporate account with them to which the loan was disbursed. You do not need business plan also |
Re: How To Access The N50billion CBN COVID-19 Loan by Nobody: 1:27pm On May 21, 2020 |
waleyp: Another wrong information... You will be given a year moratorium and 36months tenor |
Re: How To Access The N50billion CBN COVID-19 Loan by waleyp(m): 1:37pm On May 21, 2020 |
Oh sorry o Mr right information carrier Tosinayoko: |
Re: How To Access The N50billion CBN COVID-19 Loan by waleyp(m): 1:44pm On May 21, 2020 |
U Don vex? Didn't you see where I put the word 'think'? Sebi you know it all, let me hand over it to you then. Sebi dem Don disburse for you na. I only said I think because I did agsmeis application and I thought it has the same procedure with this covid-19 thang. So alaye calm down, I Don hand over to you now Tosinayoko: |
Re: How To Access The N50billion CBN COVID-19 Loan by africanpea: 1:56pm On May 21, 2020 |
waleyp: Thanks for your response. This is helpful. |
Re: How To Access The N50billion CBN COVID-19 Loan by africanpea: 2:00pm On May 21, 2020 |
waleyp: I'm right here, please I need every necessary guideline . |
Re: How To Access The N50billion CBN COVID-19 Loan by africanpea: 2:03pm On May 21, 2020 |
Tosinayoko: After filling the application form when should i expect to be called for training please? |
Re: How To Access The N50billion CBN COVID-19 Loan by africanpea: 2:04pm On May 21, 2020 |
Tosinayoko: Please explain oo...the English is too much to understand for me |
Re: How To Access The N50billion CBN COVID-19 Loan by africanpea: 2:07pm On May 21, 2020 |
Tosinayoko: Can you be kind enough to guide some of us on how to go about this process? |
Re: How To Access The N50billion CBN COVID-19 Loan by waleyp(m): 2:30pm On May 21, 2020 |
Ok you can ask and I can try africanpea: |
Re: How To Access The N50billion CBN COVID-19 Loan by africanpea: 2:42pm On May 21, 2020 |
waleyp: How long does it take for the loan to get approved after meeting all other requirements? Modified: seen it.lt takes 6 to 8weeks. |
Re: How To Access The N50billion CBN COVID-19 Loan by africanpea: 3:11pm On May 21, 2020 |
Ade4all080: Can you please share the number with us? |
Re: How To Access The N50billion CBN COVID-19 Loan by waleyp(m): 3:26pm On May 21, 2020 |
Well I can't say, with the situation of things right now I can't really say and by the way I didn't apply for the covid-19 cbn intervention loan, I applied for the other and the processes might be different. I will just advise you to do the processing and go for the interview from there you can have expectation of getting the loan, disbursement might be after a month or two africanpea: |
Re: How To Access The N50billion CBN COVID-19 Loan by Jonwesley(m): 4:21pm On May 21, 2020 |
waleyp: Alright. I just paid for the #10k now. Are you around Abuja? Hopefully my training will be next week beginning from Monday. As per the online Business plan, I think I should be able to do that myself so that I won't be charged another #5k again. What do you think? What is the status of your application and approval? Thanks. Appreciated for your feedback. |
Re: How To Access The N50billion CBN COVID-19 Loan by waleyp(m): 4:48pm On May 21, 2020 |
It's okay I understand you, and it's good you taking steps, the 10k is for the training right? Have you contacted the training centre to know when there next training will hold? You need to keep contacting them because most training centres always do training once a month so you wouldn't waste this month. I am in ibadan oyo state. Please when you get to the training centre they will talk better about the business plan if you need it or not, I don't want to give false info and I don't other people to hit back at me for doing so. I didn't do the covid-19 cbn loan, I did the other one still under cbn and nirsal so the processes might be different. You will get much info at the centre but make sure you know there training dates, you will still pay 10k for the loan account but that can be later when your loan has been approved. I think I tried small Jonwesley: 1 Like |
Re: How To Access The N50billion CBN COVID-19 Loan by Nobody: 2:57am On May 22, 2020 |
africanpea: I don't know the kind of loan you applied for but if it's covid 19 palliative loan by CBN, you don't need any training or business plan. They will proofread your information and call you to ask you for your gross income and others, after which they will ask you to send your SOA to a particular email address. This loan is for registered business owners and people that can prove that covid 19 affects their household |
Re: How To Access The N50billion CBN COVID-19 Loan by Nobody: 3:02am On May 22, 2020 |
africanpea: The deposit of 10k I made was to open a corporate account with Nirsal... This is after my offer letter was sent and completed the filling of my documents e.g Guarantor's form, Account opening form, oaths and submission of CAC certificate |
Re: How To Access The N50billion CBN COVID-19 Loan by Nobody: 3:07am On May 22, 2020 |
africanpea: After your offer letter and other documents has been sent to your email, it takes as long as you can get a Guarantor and 2 corporate referees to sign for you. For me, that is the most difficult part... Once you can get an approved guarantor you are good to go. Your guarantor has to be a Professional ( accountant, medical practitioner, banker.. etc. Civil servant from level 12 upward |
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