Ongoing (4 )Federal Government Loans Programme Application. APPLY NOW.
Ongoing (4 )Federal Government Loans Programme Application: We are pleased to inform the the general public that the Federal Government of Nigeria has intensified efforts to revitalise the economy through Intervention Loan Programmes geared towards post COVID-19 full Economic Recovery and reducing the impact of the COVID-19 Pandemic on the income of Small and Medium Enterprise owners in the country.
Loan Programmes targeting the Youths and general MSMEs have been initiated by the Government in which thousands of beneficiaries have emerged in some such as the COVID-19 Targetted Credit Facility Loan, the AGSMEIS Loan, the Non Interest Window for COVID-19 TCF and AGSMEIS, the Anchor Borowers Programme, and the Nigeria Youth Investment Fund.
Some Loan Programmes have been recently initiated by the Federal Government while application for some of the existing Loan Programmes has also continued.
Here are Four 4 Federal Government Loan Programmes with ongoing Application in 2021
1. TIES Loan Programme
The Tertiary Institution Entrepreneurship Scheme (TIES Loan Programme) is basically for Nigerian Graduates and Undergraduate in any acredited University or Polytechnic in Nigeria.
Graduates not more than 7 years of graduation are eligible to apply for up to N25 Million in the Loan Programme.
CLICK HERE to find out more about the Tertiary Institution Entrepreneurship Loan Scheme and apply
2: Nigeria Youth Investment Fund
Application for the Nigeria Youth Investment Fund recently continued and currently ongoing for interested and eligible youth participation.
The Nigeria Youth Investment Fund (NYIF) is a N75 Billion Loan Programme initiated by the President Mohammadu Buhari led administration to invest in the innovative skills and enterprise of young Nigerians.
The loan has a single digit APR at 5% and a moratorium of 12 months before repayment. The Nigeria Youth Investment Fund was approved by Federal Executive Council in July 2020.
CLICK HERE For more information on Nigeria Youth Investment Fund and its registration process
3: AGSMEIS Loan
The Agri-Business/Small and Medium Enterprise Investment Scheme is an initiative of the Central Bank of Nigeria to support the Federal Government’s efforts and policy measures for the promotion of agricultural businesses and small/medium enterprises (SMEs) as vehicles for sustainable economic development and employment generation.
In this scheme, an applicant can access up to N10million without Collateral at 5% interest per Annum till Feb, 2022 and 9% interest rate for other years, for up to 5 years. The Moratorium is usually 12 months.
AGSMEIS Loan is currently on going and accessible to Entrepreneurs in various industries ranging from Agriculture to Creative, Hospitality Industries etc.
CLICK HERE For Information about AGSMEIS Loan Scheme and its application
4. GEEP Loan
GEEP 2.0, a continuation of the Federal Government Enterprise and Empowerment Loan Programme under the Natioanl Social Investment Programme (NSIP) is ongoing.
Recall that the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development recently launched GEEP 2.0 while releasing an electronic Proceedure for the registration.
Kindly note that due to network glitches resulting from large number Nigerian trying to use the USSD code, error messages may occur at intervals. Applicants are advised to continue trying until it is successful.
For more information about GEEP LOAN, follow the link: https://deroundtable.com/trader-moni-2021-registration-portal-how-to-apply-for-trader-moni-loan-in-nigeria/
Ongoing (4 )Federal Government Loans Programme Application. APPLY NOW.
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Ongoing (4 )Federal Government Loans Programme Application. APPLY NOW.
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Ongoing (4 )Federal Government Loans Programme Application. APPLY NOW.
