New Nirsal TCF & AGSMEIS Covid-19 Loan: Interested Nigerians who have not had the opportunity to benefit from the Nirsal TCF & AGSMEIS Covid-19 Loan by the Federal Government has been given another chance to apply for the NMFB NIB Loan.
The management of Nirsal Microfinance bank NMFB has given a new update regarding the Non interest Banking NIB loan. Though successful applicants who applied earlier have started accepting their over across federation.
NMFB NIB Loan Latest News
Nirsal Microfinance bank NMFB has given a new update regarding the Non interest Banking NIB loan. According to NMFB, New NIB Approvals Are Out. See Details
Dear Applicant, Your NIB TCF loan has been approved. Click https://nibloans.nmfb.com.ng to accept the offer. For Enquiries call 09010026907.
How to Apply for NMFB TCF & AGSMEIS Covid-19 Loan
Interested Applicants are to visit https://nibloans.nmfb.com.ng to start a new application or complete any pending application.
NMFB management had earlier notified NIB applicants that they should not sign any vendor’s Asset/goods acceptance note or invoice until they confirm that the goods they originally requested for, matches what is being delivered.
Non-Interest Targeted Credit Facility (TCF-NI)
The Non-Interest Targeted Credit Facility (TCF) is a stimulus package to support household and Micro, Small, and Medium Enterprise (MSMEs) affected by the COVID-19 pandemic. It is a non-interest term facility targeted at small businesses for the financing of key assets for their businesses.
The financing limit is N2,500,000.00 for a tenure of 3 years with 6 months moratorium (a moratorium is a grace period of granted to the customer by the Bank to postpone the payment). Apply Online Here
Non-Interest Agri-Business, Small And Medium Enterprise Investment Scheme (Agsmeis-Ni)
The non-interest product is an alternative of the existing AGSMEIS program that is based on Islamic principles of financial transactions using products such as murabahah and ijarah. It is a term financing specifically introduced for financing of equipment, raw materials and working capital.