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CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday - Business (91) - Nairaland

Nairaland Forum / Nairaland / General / Business / CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday (624269 Views)

SCAM ALERT: Theobarth grant disbursement / CBN’s N50bn COVID-19 Fund Disbursement June Applicants / How To Apply For NIRSAL Microfinance Bank CBN N50bn COVID-19 Loan. (2) (3) (4)

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Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by citizenjim: 9:31pm On Aug 20, 2020
dyydxx:


I got credited 4pm today. It really feels like a dream. My only regret was not taking more I was conservative with the amount cos I thought it wasnt real at first. It's all good. Is it renewable? If I pay this off can I take another one. It's an SME loan.
dyydxx, please when did you receive approval text message and when did you apply? thanks
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Heavenlyconnect: 7:00am On Aug 21, 2020
I apply in April 20th received approval on 19 august,just wake up this morning with SMS message on my phone behold alert from access bank transferred from nirsa Bank less down 48 hours after submitting my bank details and acceptance. I applied for SME.
First time I ever Happy with Nigeria government, although is a loan but am very happy about it.

2 Likes

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by citizenjim: 8:51am On Aug 21, 2020
smiley Stacyadams, Arewawife... any update?
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by citizenjim: 8:56am On Aug 21, 2020
Heavenlyconnect:
I apply in April 20th received approval on 19 august,just wake up this morning with SMS message on my phone behold alert from access bank transferred from nirsa Bank less down 48 hours after submitting my bank details and acceptance. I applied for SME.
First time I ever Happy with Nigeria government, although is a loan but am very happy about it.
BIG CONGRATULATIONS. No matter the amount use the money prudently and for one form of investment or another. Please don't just spend it anyhow. smileysmileysmiley

1 Like

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by essay007(m): 9:14am On Aug 21, 2020
Heavenlyconnect:
I apply in April 20th received approval on 19 august,just wake up this morning with SMS message on my phone behold alert from access bank transferred from nirsa Bank less down 48 hours after submitting my bank details and acceptance. I applied for SME.
First time I ever Happy with Nigeria government, although is a loan but am very happy about it.
Many congratulations! Did u use TIN and Business name in your application? And how much was approved for you
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by martinagoha: 9:28am On Aug 21, 2020
dyydxx:


I got credited 4pm today. It really feels like a dream. My only regret was not taking more I was conservative with the amount cos I thought it wasnt real at first. It's all good. Is it renewable? If I pay this off can I take another one. It's an SME loan.
Congrat. More are coming. Please, do not keep the information about your approval or credit alert. Do come here and let the house know. Once again, congrat n thanks for sharing. Pls use the loan wisely.

1 Like

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Heavenlyconnect: 10:04am On Aug 21, 2020
essay007:

Many congratulations! Did u use TIN and Business name in your application? And how much was approved for you

I have business name registered with CAC, I have tax identification number TIN I filled both in during application process
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by citizenjim: 8:48pm On Aug 21, 2020
any update guys? gringrin
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by ArewaWife(m): 9:34pm On Aug 21, 2020
citizenjim:
any update guys? gringrin

Nothing yet ooo. Some people that applied April are just getting their money this week. So you know that june applicants have to be really patient.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by citizenjim: 6:53am On Aug 22, 2020
ArewaWife:


Nothing yet ooo. Some people that applied April are just getting their money this week. So you know that june applicants have to be really patient.
thanks, ArewaWife smileysmiley
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by citizenjim: 6:56pm On Aug 23, 2020
Any latest development guys for june applicants
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by martinagoha: 7:38pm On Aug 23, 2020
Good evening guys.
If you are able to get that NIRSAL account number used to credit u recently, then u can use the NIRSAL App for transaction. I just got this information from a friend that got his account number from them, though it was very difficult for them to give it to him. He said he registered and found out the money is still in the account but to transfer it, they said after 48hrs.
Has anyone done similar thing?
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by egubere: 8:36pm On Aug 23, 2020
Nirsal ooooh, please you people should remember Junites
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by firo08(m): 9:05pm On Aug 23, 2020
martinagoha:
Good evening guys.
If you are able to get that NIRSAL account number used to credit u recently, then u can use the NIRSAL App for transaction. I just got this information from a friend that got his account number from them, though it was very difficult for them to give it to him. He said he registered and found out the money is still in the account but to transfer it, they said after 48hrs.
Has anyone done similar thing?
Its not easy to transfer from the app. I tried they blocked me
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by martinagoha: 9:18pm On Aug 23, 2020
firo08:

Its not easy to transfer from the app. I tried they blocked me
OK. Let's see if this my friend will receive as stated 'within 48hrs. According to him, he registered and then processed withdrawal. Did you do the same?
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by firo08(m): 9:57pm On Aug 23, 2020
martinagoha:

OK. Let's see if this my friend will receive as stated 'within 48hrs. According to him, he registered and then processed withdrawal. Did you do the same?
Yes.
Funny enough I can't log in to app
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by martinagoha: 12:03pm On Aug 24, 2020
[quote author=firo08 post=93152325]
Yes.
Funny enough I can't log in to app[/quote

Do you have that account number from them? And did you register before proceeding to transfer?
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by martinagoha: 12:07pm On Aug 24, 2020
My friend tried to transfer a little out of it, but was not allowed to do so. Though, not blocked but can't transfer.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by firo08(m): 2:29pm On Aug 24, 2020
[quote author=martinagoha post=93168293][/quote]
Yes I did.
And this is not my first time of using Mobile app.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Emasting: 2:19pm On Aug 26, 2020
Hello guys any upadte from anyone

1 Like

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Nobody: 2:51pm On Aug 26, 2020
Emasting:
Hello guys any upadte from anyone

No more covid19 loan.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Oasis340: 5:09pm On Aug 26, 2020
Show us proof
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by nedekid: 5:39pm On Aug 26, 2020
Oasis340:
Please my people, I want know if those of us that registered in June still stand a chance of getting this loan because

2) is it true that if you are owning any online loan companies like palm credit, quick cash and rest of them, that your loan will not be approved. Abeg I need answers ooooh, because this loan is hope of paying off all this loans that I have collected.
Its true. A friend applied for business covid 19 loan for his factory and was approved 10m. He then got a call that he should sort out his bad credit issues. Only him knew he owed paylater ie carbon or delayed in paying his loans to them.
Na so 10m japa.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by nedekid: 5:43pm On Aug 26, 2020
martinagoha:
The CBN covid 19 loan doesn't consider your credit scores/debt to other loans. I received in June despite owing a particular loan. But i settled them after receiving. So, don't bother, as long as u applied and submitted, you will be approved.
Meanwhile, we need information from those that have received approval this month.
It affects your credit rating only if you default. You may owe loans but as far as you are paying back ontime your credit rating will be high.
But those that take loans an decide to pay at their own convinence or think they are smart and decide not to pay have their ratings destroyed.
My friend got approved 10m but lost it due to bad credit.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Kabiyesi12(m): 5:49pm On Aug 26, 2020
nedekid:

It affects your credit rating only if you default. You may owe loans but as far as you are paying back ontime your credit rating will be high.
But those that take loans an decide to pay at their own convinence or think they are smart and decide not to pay have their ratings destroyed.
My friend got approved 10m but lost it due to bad credit.


This one bust my baloon oo, make Dem no do dt now, how much is pay later loan and how much is Covid 19 loan.

1 Like

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by citizenjim: 6:32pm On Aug 26, 2020
Any update stacyadams and ArewaWife?? undecided
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by nedekid: 7:10pm On Aug 26, 2020
Kabiyesi12:



This one bust my baloon oo, make Dem no do dt now, how much is pay later loan and how much is Covid 19 loan.
Lol grin
Shey you know there are credit rating companies, about 3-5 of them licenced by cbn eg CRC CREDIT BUREAU.
Check your paylater app, you will see a link through which you can log into one of the rating agencies and ask for your credit report.
This report is what banks, loan givers check digitally before deciding to give you loans. You will see all outstanding and paid loans, any issues with any financial institution etc. Any bad report made against you.
Anyway even me weh get 5 star credit rating, I applied may 5th shishi covid 19 money I veva see grin
My wife we I tell make she apply collect money, me weh tell am gaine I no see. grin
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Oasis340: 9:08am On Aug 27, 2020
I have started paying my loan gradually. I really wish they will approve my covid loan and pay me, it will go a long way to help me clear the debts once, without delay. They shouldn't destroy my name ooooh , reason being that, it will take much longer period for me to clear all this debts. But with this loan, I can clear the debts once and for all. God please help me out.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by peeps4u: 9:28am On Aug 27, 2020
Oasis340:
I have started paying my loan gradually. I really wish they will approve my covid loan and pay me, it will go a long way to help me clear the debts once, without delay. They shouldn't destroy my name ooooh , reason being that, it will take much longer period for me to clear all this debts. But with this loan, I can clear the debts once and for all. God please help me out.

You want to use another loan to service anothwr loan. So how do you intend to service covid loan?

1 Like

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Danbukason(m): 12:44pm On Aug 27, 2020
Good day all, I had earlier been credited in June. Then in the month of August I received another one in NMFB account, to my greatest surprise they debited the money from the NMFB account they open for me. Now the money is remaining 2k.

Pls is there anybody with such experience. Share how u rectified such with the back, so as to avoid scam and other stories
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by martinagoha: 1:43pm On Aug 27, 2020
When you received that alert, u would have gone to NMFB to update that account bcs they created the account for u and credited it. The money was there and they expected u to come n upgrade it with necessary requirements like NEPA bills, two referees, n valid ID. So, since u couldn't show up, they withdrew it bk. U stil have to go to them n explain.
Meanwhile, if u actually visited them and provided an account where u want the money to b credited, then check the description of the debit alert, if u see 'trf', then wait for 48hrs for ur account to b credited. They said in that situation, they have initiated the transfer but it takes 48hrs to receive. Don't bother asking why this second credit alert, its what we saw!
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Kabiyesi12(m): 3:29pm On Aug 27, 2020
Is there anyone in the house who got this covid 19 loan and at the same time was owing all this online loan like paylatter and co.?
we need to know if there is a particular measure taken to select those that were given loan to the extent that some got credited twice, or will you tell me the nation was owning those that got alert twice.

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