clarifier:
Please do not discourage others just because you ain't selected what I observed was the process is very slow but at last you will be selected just exercise patient. I did my interview for over 7 months on 11 february but have not heard from them until last 2 weeks that my loan has been approved I should accept the offer by visiting there site through a link they sent me from I accept the offer on friday by tuesday the money was already credited to my account. I think yours is around the corner too since we did our interview same month

I didn't apply for it I only train SMEs, however, your advise is noted

PietraK:


How much did you receive? Did you get all the money requested for?

It is over 2 million same amount I requested in my business plan but for some they reduced the amount like a friend of mine he requested 5 mill they approved 4.2 mill for him.

clarifier:
Be patient bro I applied october last year and did my training on 2nd January followed by interview on 11th February. I even loose hope of getting it just 2 weeks ago I received a text message that my AGSMEIS loan have been approved with a Iink to there site to accept the offer and within 5 days of my acceptance I received the credit alert. Yours is coming too by God Grace

AMENNNNNNNNNNNN.thank you so much

LastProphet:


I didn't apply for it I only train SMEs, however, your advise is noted

My advice to you and your trainee's whenever applying for such kind of loans even if they said no collateral needed, in your business plan tell them your business have an asset even if it was a vehicle of 500,000(no one will ask you for its particulars) that shows you are committed in the business and it is profitable that means it was not only there money invested in the business it will only be used foir expansion.

PietraK:


Are we sure NIRSAL bank is not wasting people time and money because during interview, they never requested for training certificate and number. Only collected email.

How will they link the interview with our application?

And how long will approval take after interview?

Honestly your interview doesn't follow due process, you will be given AGSMEIS Loan Form which you will fill and attach. A copy of business plan, training cert, national I'd or voters card and a passport photograph before the commencement of the verbal interview.

clarifier:
My advice to you and your trainee's whenever applying for such kind of loans even if they said no collateral needed, in your business plan tell them your business have an asset even if it was a vehicle of 500,000(no one will ask you for its particulars) that shows you are committed in the business and it is profitable that means it was not only there money invested in the business it will only be used foir expansion.

Is there a space for this entry on the N5,000 business template sold and recommended by NIRSAL?

LastProphet:


Is there a space for this entry on the N5,000 business template sold and recommended by NIRSAL?

Yes a column was provided for that. Assets are stated in the Financial Analysis Chapter under key assumptions (purchase price, year of acquisition and lifespan) followed by your product and services you plan to render

moodyguy:
"He who plays d pipper dictates the tune"Is it your money?

Yes it is my money if they grant me the loan, I will be paying back with interest..

clarifier:
Yes a column was provided for that. Assets are stated in the Financial Analysis Chapter under key assumptions (purchase price, year of acquisition and lifespan) followed by your product and services you plan to render

Thanks for the privileged info, appreciate

Is not a scam people are actually benefitting.

Debodimeji01:


Well... it's real cos I work there and we have given out countless AGSMEIS CBN loans out. If you have a business that needs financial support to expand, I will strongly advise you to take advantage of this scheme. It's a 9%/Year interest rate. No financial institution in this country will give you such.

I got a messege saying my AGSMEIS loan has bn approved for over a week now. How long does it take to recieve funds after approval.

Please when did you do interview?

laborious:

Yes it is my money if they grant me the loan, I will be paying back with interest..

Aside that, your guarantor is required to fill in his BVN (incase you're unable to pay back).

isaacogwu:


I got a messege saying my AGSMEIS loan has bn approved for over a week now. How long does it take to recieve funds after approval.

5ownload NMFB mobile app from google store and register using your account number and see probably the money has already been credited coz mine too I didn't received credit alert or visit there branch tomorrow they will check it for you.

clarifier:
5ownload NMFB mobile app from google store and register using your account number and see probably the money has already been credited coz mine too I didn't received credit alert or visit there branch tomorrow they will check it for you.

Wow! Thanks. But I dont have a nirsal account number yet.

isaacogwu:


I got a messege saying my AGSMEIS loan has bn approved for over a week now. How long does it take to recieve funds after approval.

It seems they are faster with the entire process now. You can walk into any of the Nirsal MFB closest to you for disbursement into your loan account if you do not have an account already?

By the way when were you trained and interviewed?

Honourable Mentions to @clarifier , you did justice to all the queries.

God bless you.

To those still having doubts please act now.

cleish:


Aside that, your guarantor is required to fill in his BVN (incase you're unable to pay back).

they have started asking for guarantors abi?

isaacogwu:


Wow! Thanks. But I dont have a nirsal account number yet.

Have you attended EDI training and called for interview by any NIRSAL MFB Branch?

laborious:
they have started asking for guarantors abi?

It was just his name and BVN they requires when accepting the offer online that's all.

the 5k is for business plan which you will pay online using your card or anything........but you must first do edi training for one week

rindee:
Tried to upload severally but telling me am not yet admitted on the platform, is the 5k for the admission or for upload and who am I paying to please.

i believe you

clarifier:
Be patient bro I applied october last year and did my training on 2nd January followed by interview on 11th February. I even loose hope of getting it just 2 weeks ago I received a text message that my AGSMEIS loan have been approved with a Iink to there site to accept the offer and within 5 days of my acceptance I received the credit alert. Yours is coming too by God Grace

laborious:
they have started asking for guarantors abi?

they started it in January, then just the guarantor details excluding BVN. but now they have included guarantor BVN.

All this loans na scams.

Please surport

The Nigeria Communist Movement.

Nigeria must be great

clarifier:
It was just his name and BVN they requires when accepting the offer online that's all.

Can someone change his GUARANTORS names when he gets the loan?

clarifier:
5ownload NMFB mobile app from google store and register using your account number and see probably the money has already been credited coz mine too I didn't received credit alert or visit there branch tomorrow they will check it for you.

I tried signing up with my account number and phone numebr but its giving me an error message.

moodyguy:
Can someone change his GUARANTORS names when he gets the loan?

Yes you can because the guarantor form they will issued you to be fill after receiving the loan was to be attached with the guarantors identity card, passport and 6 months statement of account was just for file opening in there branch.

moodyguy:
I tried signing up with my account number and phone numebr but its giving me an error message.

Keep trying it will work that was how it normally does when signin up. Take note after signin up your username was your account number.

.

clarifier:
5ownload NMFB mobile app from google store and register using your account number and see probably the money has already been credited coz mine too I didn't received credit alert or visit there branch tomorrow they will check it for you.

Please can I speak to you over the phone, kindly inbox your phone number

clarifier:
Keep trying it will work that was how it normally does when signin up. Take note after signin up your username was your account number.

it has gone through now tanxz

cleish:

they started it in January, then just the guarantor details excluding BVN. but now they have included guarantor BVN.

So So mission almost impossible!

isaacogwu:

Please can I speak to you over the phone, kindly inbox your phone number

Thank God I found this thread.I need the help of successful people in this regards :

@ Clarifier and Others kindly hearted nairalanders on this thread.

I did the EDI Zoom Training for a week starting June 15 this year.I have not collect the Certificate till date because I was faced with lot from caesarion operation for my wife to accomodation challenge and ill health combine.

I am into industrial chemical, I have a special Polyurethane adhesive that i formulate will they approve loan for other enterprise other than agric ?

Kindly help me itemise all the other step I have to take to get this loan

I will appreciate if I can speak with you over the phone too ?

Thanks in anticipation