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Ade4all080:


Pls do not expect a call or text from any of the training center because they'll not do so...
While filling the form, when you click on the centre close to you you will see a/some phone number to call, do call them for there next training schedule, that exactly what I did and I've been trained.

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?

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

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:


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?

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:
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

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

waleyp:
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

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

waleyp:
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

Another wrong information... You will be given a year moratorium and 36months tenor

Oh sorry o Mr right information carrier

Tosinayoko:


Another wrong information... You will be given a year moratorium and 36months tenor

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:


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

waleyp:
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

Thanks for your response. This is helpful.

waleyp:
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

I'm right here, please I need every necessary guideline .

Tosinayoko:


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

After filling the application form when should i expect to be called for training please?

Tosinayoko:


Another wrong information... You will be given a year moratorium and 36months tenor

Please explain oo...the English is too much to understand for me

Tosinayoko:


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

Can you be kind enough to guide some of us on how to go about this process?

Ok you can ask and I can try

africanpea:


I'm right here, please I need every necessary guideline .

waleyp:
Ok you can ask and I can try

How long does it take for the loan to get approved after meeting all other requirements?
Modified: seen it.lt takes 6 to 8weeks.

Ade4all080:


Pls do not expect a call or text from any of the training center because they'll not do so...
While filling the form, when you click on the centre close to you you will see a/some phone number to call, do call them for there next training schedule, that exactly what I did and I've been trained.

Can you please share the number with us?

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:


How long does it take for the loan to get approved after meeting all other requirements?
Modified: seen it.lt takes 6 to 8weeks.

waleyp:
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

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.

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:


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.

africanpea:


After filling the application form when should i expect to be called for training please?

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

africanpea:


Can you be kind enough to guide some of us on how to go about this process?

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

africanpea:


How long does it take for the loan to get approved after meeting all other requirements?
Modified: seen it.lt takes 6 to 8weeks.

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