agsmeis loan application portal was created for agsmeis loan scheme, The NIRSAL AGSMEIS loan scheme is a joint effort between the Central Bank of Nigeria (CBN) and the Nigerian Microfinance Bank to make loans to the general public at more affordable interest rates. In the event of a pandemic, this loan is meant to serve as a source of emergency funding.
For the purpose of supporting the Federal Government’s initiatives to expand agricultural enterprises and small/medium businesses, the Agri-Business/Small and Medium Enterprise Investment Scheme (AGSMEIS) was founded. It’s possible for you, as a business owner, to use this program to get a quick loan without putting up any collateral if you need it to help your company expand.
With some preparation and drive, Nigeria’s Central Bank will now lend money to budding business owners without requiring any collateral. Check if this loan is right for you; over N95 billion has already been disbursed, and it’s still going on.
Nigeria’s government has launched the Agri-business/Small and Medium Enterprise Investment Scheme (AGSMEIS) to support agricultural businesses and SMEs as engines of sustainable economic growth and job creation in the country.
Thus, the zero-collateral loans are primarily targeted at MSMEs with the goals of increasing employment and fostering long-term economic growth in Nigeria. agsmeis loan application portal is https://agsmeisapp.nmfb.com.ng/
agsmeis loan application | How to Apply
agsmeis loan application | How to Apply
The first step is training; those who are interested must enroll in a course at an Entrepreneurship Development Institute that has been approved by NIRSAL MFB (EDI). By attending one (1) week of required training at the Oko-Oba Agege/EDI Centre of the Lagos State Ministry of Agriculture, you would be awarded a certificate for finishing the program.
After completing training at the Entrepreneur Development Institute (EDI) in Lagos State, applicants can submit an online loan application through the NIRSAL MFB’s portal and upload their certificate of completion.
Visit the NIRSAL MFB website (nmfb.com.ng), select AGSMEIS loan, and then choose the Ministry of Agriculture as your Entrepreneur Development Institute (EDI) before submitting your application.
The applications will then be sent to CBN for evaluation. An interview regarding their company will be scheduled with the applicants.
People who fit the requirements will be contacted and given the loan.
The funds will be transferred to the beneficiaries’ accounts once the loan has been approved. Candidates who don’t meet the qualifications receive feedback.
The loan amount will be deposited into your NMFB account, so please be aware of that. Additionally, one of the NMFB’s certified Vendors will handle the purchase of your equipment(s) or machinery, and the working capital will be accessible through your account after complying with all conditions and limitations.
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agsmeis loan approval requirements
Prior to the final approval of the CBN loan application and the final disbursement of funds to an applicant, the requirements must be met.
- Registered company with the CAC
- An EDI BVN applicant’s passport photo and a surety are required for certification.
- a valid I.D.
Frequently Asked Questions about agsmeis loan
Who is eligible for Agsmeis loan?
How do I know if my Agsmeis loan is approved?
What is Agsmeis all about?
How long does it take to get the Agsmeis loan?
