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CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday - Business (256) - Nairaland

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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 kingbee90: 7:06pm On Mar 16, 2021
uyogabie:

Actually,I applied for 500k under house hold.When he got the approval SMS,we checked the house hold loan section his BVN does not exist only for us to check the SME,low and behold,2.5M was approved.We are waiting for disbursement.

So one can apply for both HOUSEHOLD and SME(if he has a registrd company)?
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by adeblow(m): 9:23pm On Mar 16, 2021
kingbee90:



how much was applied for and was the same amount approved?
Yes, 500k applied and 500k approved
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by maybet081: 9:24pm On Mar 16, 2021
uyogabie:

Actually,I applied for 500k under house hold.When he got the approval SMS,we checked the house hold loan section his BVN does not exist only for us to check the SME,low and behold,2.5M was approved.We are waiting for disbursement.
is it this year that you applied?
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by lakesidepapa(m): 9:36pm On Mar 16, 2021
Khisagye:
For those it may concern

Is it a must to have NMFB account?

While filling the form, I came across a stage where they ask if I have NMFB account and I selected NO,I hope there's no problem with that..
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by uyogabie(f): 11:16pm On Mar 16, 2021
maybet081:
is it this year that you applied?
Not this year,June last year.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by uyogabie(f): 11:17pm On Mar 16, 2021
kingbee90:


So one can apply for both HOUSEHOLD and SME(if he has a registrd company)?o
I don't know, may be if the BVN differs.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by yemight2776(m): 1:51am On Mar 17, 2021
I don't even remember when I applied for the loan but got sms yesterday and put my bvn and was approved of #1,450,000 SME Loan and have input my account details. Now waiting for the money. But it takes how long before the money disburse?

1 Like

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by FatherCHRISTMAS: 3:59am On Mar 17, 2021
yemight2776:
I don't even remember when I applied for the loan but got sms yesterday and put my bvn and was approved of #1,450,000 SME Loan and have input my account details. Now waiting for the money. But it takes how long before the money disburse?

congratulations in advance

1 Like

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by DeckeyLyrical(m): 5:09am On Mar 17, 2021
Please just a quick one? Somebody should suggest how I can pass this stage? I keep getting error messages

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by adeblow(m): 6:29am On Mar 17, 2021
kingbee90:



how much was applied for and was the same amount approved?
I've just been credited this morning

1 Like

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Munirboss(m): 8:35am On Mar 17, 2021
adeblow:

I've just been credited this morning

When was your loan approved please?

1 Like

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by BernieLee(m): 8:39am On Mar 17, 2021
adeblow:

I've just been credited this morning
Jeez that was quick. i think u were approved and u submitted details yesterday abi?
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by OpenHeaven2019(f): 9:30am On Mar 17, 2021
I successfully applied on the 15th of March, 2021 (two days ago) but I’m yet to receive any message.

How long does it take for your application to be approved.

I applied for both SME (2.5m) and Household (1m)
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Orente21(f): 9:48am On Mar 17, 2021
sheddyboy01:
I think the network is good this morning, mine was successful this morning...
.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Orente21(f): 9:48am On Mar 17, 2021
sheddyboy01:
I think the network is good this morning, mine was successful this morning...
hello sir, pls wat is the next step after this. No confirmation email was sent to me. Just this pic after I submitted.should I log in again as returning member or is this all.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by berbs: 9:48am On Mar 17, 2021
Decemberist306:
Please guys I need your help, how do I resolve this and continue my registration.
The captcha is not coming up

Please help.

Do you have your TCF? If yes, input your BVN, last name, and BVN to continue. Ignore that error message in red.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by adeblow(m): 9:53am On Mar 17, 2021
Munirboss:


When was your loan approved please?
It was approved 11th March last week. Got the alert this morning by 6:00am
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by adeblow(m): 9:54am On Mar 17, 2021
Munirboss:


When was your loan approved please?
Last week. 11th March precisely
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by kingbee90: 10:14am On Mar 17, 2021
OpenHeaven2019:
I successfully applied on the 15th of March, 2021 (two days ago) but I’m yet to receive any message.

How long does it take for your application to be approved.

I applied for both SME (2.5m) and Household (1m)

Is it OK for one to apply for both SME and HOUSEHOLD using the same BVN or there are consequences?
Because according to Economics, a Business is supposed to be a different entity from its owner. Meaning person Business money and household money no be the same.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Nobody: 10:38am On Mar 17, 2021
What of new applications? I could not apply because it is saying 'BVN doesn't exist'..
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Beedude(m): 10:55am On Mar 17, 2021
Siwel25:
What of new applications? I could not apply because it is saying 'BVN doesn't exist'..
I applied for household last year and was given 200k. I applied for 2.5m last week for SME (business). I used my bvn, cac and tin to apply for my business. Seems i should be hopeful since my bvn wasn't flagged.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by FatherCHRISTMAS: 11:00am On Mar 17, 2021
Beedude:

I applied for household last year and was given 200k. I applied for 2.5m last week for SME (business). I used my bvn, cac and tin to apply for my business. Seems i should be hopeful since my bvn wasn't flagged.

flagged ??
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by manlawal(m): 5:33pm On Mar 17, 2021
kingbee90:


Is it OK for one to apply for both SME and HOUSEHOLD using the same BVN or there are consequences?
Because according to Economics, a Business is supposed to be a different entity from its owner. Meaning person Business money and household money no be the same.
apply if you can do that so many apply for it during first batch but only one will be approved
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by meetgaya: 6:18pm On Mar 17, 2021
The decision of the Nirsal Microfinance Bank to suddenly reopen the application portal for the COVID-19 Targetted Credit Facility Loan was to accommodate Nigerians who were unawares when the previous application was made between April, May and June last year.

This decision is not to terminate the previous application or to deny those whose loan have been approved, the opportunity of getting their loans.

However, the essence of encouraging the old applicants whose loans have been approved but yet to be disbursed or those whose loans have not been approved to re-apply is to ensure that one would not loose out ourtrightly at both ends.


The NMFB has continued with the old applicants, both approval and the disbursement processes. The new applicantion is currently on going and it's review would commence upon closing the application window. This gives more hope to the old applicants.

Has your loan been approved but not yet disbursed, have hope and be expecting your disbursement. Even though you re-applied, your old data is still intact and only one application will be considered.

Have you been expecting your loan approval, keep checking your status using the simple method:

1. Open https://covid19.nmfb.com.ng

2. When it loads, select the type of Loan you applied for. Either SME or Household

3. Enter your BVN. Do not worry, the website is the official website of Nirsal Microfinance Bank for the COVID-19 TCF just as https://nyif.nmfb.com.ng is for Nigeria Youth Investment Fund and https://nirsalmfb.caderp.com/Account/Register for AGSMEIS Loan Scheme.


4. A response will be displayed when you enter your BVN.

(A) If it says your Loan has been approved, it will load your details asking you to accept your Loan offer. Proceed to complete the process and enter bank name and your account number. Avoid mistakes here.
(B) If it says 'Your loan has not been approved, check back later, kindly check back later as they said.

(C) If it however displays "BVN does not exist", do not panic. Just keep checking back from time to time as approval is on going and hope is high.

Patience is the only price one has to pay to get COVID-19 Targetted Credit Facility Loan.

4 Likes

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by peeps4u: 8:31pm On Mar 17, 2021
while many are still praying to at least get one stimulus package from naija govt, these ones have received about 3 already.

1 Share

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by akanmunimi: 8:56pm On Mar 17, 2021
meetgaya:
The decision of the Nirsal Microfinance Bank to suddenly reopen the application portal for the COVID-19 Targetted Credit Facility Loan was to accommodate Nigerians who were unawares when the previous application was made between April, May and June last year.

This decision is not to terminate the previous application or to deny those whose loan have been approved, the opportunity of getting their loans.

However, the essence of encouraging the old applicants whose loans have been approved but yet to be disbursed or those whose loans have not been approved to re-apply is to ensure that one would not loose out ourtrightly at both ends.


The NMFB has continued with the old applicants, both approval and the disbursement processes. The new applicantion is currently on going and it's review would commence upon closing the application window. This gives more hope to the old applicants.

Has your loan been approved but not yet disbursed, have hope and be expecting your disbursement. Even though you re-applied, your old data is still intact and only one application will be considered.

Have you been expecting your loan approval, keep checking your status using the simple method:

1. Open https://covid19.nmfb.com.ng

2. When it loads, select the type of Loan you applied for. Either SME or Household

3. Enter your BVN. Do not worry, the website is the official website of Nirsal Microfinance Bank for the COVID-19 TCF just as https://nyif.nmfb.com.ng is for Nigeria Youth Investment Fund and https://nirsalmfb.caderp.com/Account/Register for AGSMEIS Loan Scheme.


4. A response will be displayed when you enter your BVN.

(A) If it says your Loan has been approved, it will load your details asking you to accept your Loan offer. Proceed to complete the process and enter bank name and your account number. Avoid mistakes here.
(B) If it says 'Your loan has not been approved, check back later, kindly check back later as they said.

(C) If it however displays "BVN does not exist", do not panic. Just keep checking back from time to time as approval is on going and hope is high.

Patience is the only price one has to pay to get COVID-19 Targetted Credit Facility Loan.
It can't be more detailed than this. Thanks for the explicit explanation. God bless u
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by meetgaya: 10:06pm On Mar 17, 2021
COVID-19 Loan: NIRSAL Speaks Concerning Application

Published 12 hours ago on Wednesday, 17 March 2021, 9:10By Bernard Bassey

NIRSAL Microfinance Bank has warned unsuspecting Nigerians against patronising fraudulent persons who pose as its agents or staff, with the actual motive of scamming them. The bank said some fraudsters have been extorting monies from applicants with a promise of helping them secure the bank’s COVID-19 targeted loan facility.

Apply for CBN Nirsal Loan 2021, go to https://nmfbloans.nmfb.com.ng/covid19tcfhousehold

"The attention of the management of NIRSAL Microfinance Bank has been drawn to some unethical practices being perpetrated by individuals disguising as its staff or agents, demanding and receiving money from unsuspecting members of the public purportedly to secure COVID-19 Targeted Credit Facility or the AGSMEIS Loan,” the bank said in a statement yesterday.

The bank urged the public to desist from patronizing such people. It also urged those who have been scammed to a complaint to its Whistleblowing portal for necessary action.

Members of the public are hereby cautioned against falling prey to such people because the COVID-19 Targeted Credit Facility being disbursed by NMFB on behalf of the Central Bank of Nigeria is a LOAN not a GRANT and beneficiaries MUST pay back with interest.

“We also wish to inform the general public who may have been scammed by these unscrupulous people to lodge a complaint on our Whistleblowing portal,” it said.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Nobody: 12:53am On Mar 18, 2021
Following
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Nobody: 1:02am On Mar 18, 2021
Pls house, i recently went to the website to see if i can register since i didnt get any message from them the last time i registered, but this is what i'm seeing. does it mean i got approved and rejected or what is the way forward?

1 Share

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by ecomalchemist(m): 6:21am On Mar 18, 2021
missdivineprove:
Pls house, i recently went to the website to see if i can register since i didnt get any message from them the last time i registered, but this is what i'm seeing. does it mean i got approved and rejected or what is the way forward?

LOG IN TO YOUR PORTAL AND ACCEPT THE OFFER, YOU WILL BE CREDITED IN DUE TIME.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Nobody: 6:32am On Mar 18, 2021
ecomalchemist:


LOG IN TO YOUR PORTAL AND ACCEPT THE OFFER, YOU WILL BE CREDITED IN DUE TIME.
Once I entered my BVN this is the message that comes up and there's no provision for ''accept offer''

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