waleyp:
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:


This is detailed enough. Thank you so much for time. God bless you. I will keep you posted with developments as they come.

haon:
Thanks for the information op. Information is power.
Did you know that the government of Nigeria has seperated A particular amount of money for its citizens to build there own house?
The National Housing Fund (NHF) was established by the NHF Act of 1992 to mobilise funds that will facilitate the provision of affordable housing for Nigerians. Under the extant NHF law, every Nigerian earning N3,000 or more per annum is required to contribute 2.5 percent of their monthly basic salary to the NHF. The funds mobilized will be made available to contributors at affordable interest rates to build homes.



https://www.youtube.com/watch?v=9Zp8Ag4_rlM

waleyp:
pls i will need you to find out more, maybe the covid-19 loan is different from the one im talking to you about.... try get to nirsal and get informed

Jonwesley:


Yes you are right about that. However it's just a variant of the intervention funds from the CBN, and usually the concepts are the same, few changes are noticeable. I started the training today with online zoom cloud meeting app, with whatsApp used to register me for the Covid-19 factor loan called AGSMEIS. It's a 7 year tenor, 5% int rate till 2021 March when it will become 9% all inclusive rate. My training continues next week. There will be a business plan to be done by self or by the trainers with a #10k cost. Which will be uploaded to the CBN NIRSAL AGSMEIS site And so on before you are invited for the interview proper.

waleyp:
That's very correct. Where are you located and what business are you venturing on? You can do the business plan yourself but its better to give those who can handle it for you. Since they can do it for you for 10k that's sounds good then. Have you been given form to fill tho

Jonwesley:


I'm considering giving them the opportunity to do the business plan and the business is Agricultural merchandise. Though I can write it myself The form was filled on behalf of me based on the information supplied by me.

waleyp:
Ok Thats Good

Jonwesley:


Thanks. Let's keep in touch and may God make our application successful and bless the work we will do with it.

Jonwesley:


Thanks. Let's keep in touch and may God make our application successful and bless the work we will do with it.

ayummy:
. Please while filling the form, there is a place for PROMOTER'S DETAILS and another place for DIRECTOR'S DETAILS.. what am I suppose to fill in those spaces.. My personal details?

Jonwesley:


Promoters may be your relatives that support your business idea, just their names. Director's details is your name and those who subscribe in your memorandum and articles of association as directors that hold shares in the company. However it's possible that both the promoters and the directors maybe the same.

ayummy:
. Okay noted.. I am in this alone.. No share holder.. So I put business type as PRIVATE. and my details in Promoter and Director spaces ..

Jonwesley:


That's ok. The option would have been sole trader or sole proprietorship, rather than the limited liability which I explained earlier. You are fine with that please.

Tosinayoko:


Tell me more

prinzmenzir:
Is it a must to register business before accessing this loans? If yes which loan can one apply that doesn't really require a registered business name?

prinzmenzir:
Is it a must to register business before accessing this loans? If yes which loan can one apply that doesn't really require a registered business name?

depair:
Please which website can I register for the CBN covid loan

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

africanpea:
How do I check if I've been shortlisted for the training? Please someone help.

depair:


Hello Good evening please which website did you register for the CBN Covid 19 intervention loan. please avail me the information.

waleyp:
have you registered for the training already? you need to call them to know when they will do the training, dont wait for them to call, you need to call them

africanpea:


Yes, I registered earlier this month.

Which number do I contact them on?
Please help me with it if you have it.