SenatorJChris:


This fund is covid 19 relief fund. People lost their jobs due to the pandemic and for such persons, getting the loan will help them set up businesses to cushion the effect of their job loss. Do you expect them to lie that they are still employed even though they already loss their jobs? And how do you expect them to survive without a job and no money to set up business?
Social investments like this will always cater for every category whether employed or unemployed.
Even those that claim to be employed, do you think CBN will call their employers to confirm their employment status? Govt is different from capitalist. What you are saying would make sense if the money is given by commercial banks.

Pacificguyonlin:



Do I stand any chance as I choosed unemployed and also that I have a business? Hoping to hear from someone who succeeded with same format.

Restland:

Visit and join the below WhatsApp group for Solidarity and support.

This group intends to support all the successful Applicants of the CBN Covid19 Loan with answers and queries. It is also to give the applicants a voice against corruption and exploitation of our loans. From here we can galvanize collective support and fight against oppression and poor service delivery from Nirsal NMFB.

https:///Bn01k4knjTDIIStPvOEKg0

NadiaR:

Please post the link

NadiaR:

Please post the link

Facelessforum:


Bro, what's the first form I should see under the household category? I'm just stucked in this Microsoft email form and I've refreshed it like you said over 100xs already.

freemi:
https://forms.office.com/Pages/ResponsePage.aspx?id=Csf7VX_ltE2aBDiKkzjKlVKYA3yCioRIjuTmccn4OLtUNzFINEYwR1dTUFhGNkpDQ0lDTzM3RzU5Ny4u

Facelessforum:


Thanks.
I just applied.
But no field to insert email address
Hope no problem?

freemi:
this u use this link https://nmfb.com.ng/covid-19-support/ or the other one

NadiaR:

Yes
No

warrenweste:



how many guarantors did they ask for under sme and did you also upload your statements?

freemi:
lols r u serious. I didn't notice that

CuteNbad:
I have just successful submitted my application...and was told to wait that they will get back to me in the shortest time possible....now the question is how many hours will it take to get response from them... thank you again....also have they gotten back to you?

CuteNbad:
I have just successful submitted my application...and was told to wait that they will get back to me in the shortest time possible....now the question is how many hours will it take to get response from them... thank you again....also have they gotten back to you?

SenatorJChris:


This fund is covid 19 relief fund. People lost their jobs due to the pandemic and for such persons, getting the loan will help them set up businesses to cushion the effect of their job loss. Do you expect them to lie that they are still employed even though they already loss their jobs? And how do you expect them to survive without a job and no money to set up business?
Social investments like this will always cater for every category whether employed or unemployed.
Even those that claim to be employed, do you think CBN will call their employers to confirm their employment status? Govt is different from capitalist. What you are saying would make sense if the money is given by commercial banks.

CuteNbad:
I have just successful submitted my application...and was told to wait that they will get back to me in the shortest time possible....now the question is how many hours will it take to get response from them... thank you again....also have they gotten back to you?

martinagoha:

Friends, I advice you that recently applied to be calm. I applied late April, forgot about the whole thing. In June I got an sms of approval to accept the loan. I did as instructed. I input my UBA account details. No alert came in. After 4days I was told to use another account. I did so with Access bank, before now I updated the account. Though I was worried. But after 2 days I got credited.
Pls, just keep calm. They won't eat your money as long as your loan is approved. For those whose money is credited into NISRAL account, trust me u wil get credited. Just go and submit your bank details. Don't panic. I agree with the guy that said this FG loan tru CBN is a privilege nd not right. So, pls stay positive.
God bless you all.

CuteNbad:
I have just successful submitted my application...and was told to wait that they will get back to me in the shortest time possible....now the question is how many hours will it take to get response from them... thank you again....also have they gotten back to you?

Facelessforum:


Yes oo
Even account number
There's only field for BVN.
I wonder how they'll contact us without our emails. I don't think they'll want to use our numbers to contact us

SenatorJChris:

I have listened to myself Sir.

So what makes you think he cannot invest the loan in a new business that will generate income?

bravehost4u:

Yes I got a mail after submission. I have no idea when SME started receiving but I am SME and I got mine yesterday

freemi:
yes just 1, 2 or 3

CuteNbad:
okay I'm a business owner... thanks alot

Pls should is the number in years or months? E.g 3 for years or 36 for months

manbello:

During the registration in the employment options i choose No please what's my chances of getting the loan

martinagoha:

Corrrect

SenatorJChris:


This fund is covid 19 relief fund. People lost their jobs due to the pandemic and for such persons, getting the loan will help them set up businesses to cushion the effect of their job loss. Do you expect them to lie that they are still employed even though they already loss their jobs? And how do you expect them to survive without a job and no money to set up business?
Social investments like this will always cater for every category whether employed or unemployed.
Even those that claim to be employed, do you think CBN will call their employers to confirm their employment status? Govt is different from capitalist. What you are saying would make sense if the money is given by commercial banks.

bolarine:
Interest rate is 5% per annum till February 28th,2021, then it will revert to 9% per annum for the remainder of the tenure. But 4% is being deducted upfront so u may use 5% to calculate it per annum.

braveheart234:


@freemi, Unfortunately, I'm just seeing your response to the guy whose question I quoted below.
That field carries an explanation that the response should be in months, but you gave him a very wrong response.
If he wants 1 year, the response should have been 12,
2 years will be put as 24,
3 years =36
Please let's not be quick to give answers to questions which we don't really understand.

kingbybirth:


who would give a loan to an unemployed person? whether government or commercial organisation, CBN is giving this loan not as free will grant. they are also out to get their money back and make profit, so what is the different with capitalist? if you actually see the condition given for the guarantors you will understand that this money is never free and they are out to get it back no matter what.

freemi:
der use phone numbers to contact