CBN COVID-19 Targeted Credit Facility Application Reopened for Fresh Application

We are pleased to inform the general public that the CBN COVID19 Loan is opened for fresh applications. Interested applicants should kindly read through this guide on how to apply.

The only official website to apply is https://nmfb.com.ng/covid-19-support/

The Central Bank of Nigeria (CBN)  introduces a stimulus package to support households and Micro, Small, and Medium Enterprises (MSMEs) affected by the COVID-19 pandemic.

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In this respect, the Central Bank of Nigeria (CBN) introduced the N50 billion Targeted Credit Facility (TCF) as a stimulus package to support households and Micro, Small and Medium Enterprises (MSMEs) affected by the COVID-19 pandemic.  

Who Is Eligible to apply for the CBN Nirsal Covid 19 Credit Facility?

Households
Households with verifiable evidence of livelihood adversely impacted by COVID-19

Download Application Guideline

Microenterprises
Existing enterprises with verifiable evidence of business activities adversely affected as a result of the COVID-19 pandemic

Download Application Guideline

SMEs
Enterprises with bankable plans to take advantage of opportunities arising from the COVID-19 pandemic.

How It Works

STEP 1
Submit An Application
The process is easy. You can begin on your phone, your tablet, or your laptop.

Submit applications directly to NIRSAL Microfinance Bank (NMFB) with clear evidence of the opportunity or adverse impact as a result of the COVID-19 pandemic.

STEP 2
Approval
We review your application and forward the application to the CBN for final approval.

STEP 3
Disbursement
CBN reviews applications and gives final approval for disbursement to NMFB

To apply go to https://nmfb.com.ng/covid-19-support/

If you have any questions regarding the CBN Covid-19 Credit Facility Loan Application, kindly leave a reply using the comment box or send us a message via our email address on searchngr24@gmail.com and we would give you a reply in a jiffy.