“After The Upgrade, Everyone That Accepted Our Loan Offer Shall Be Credited”— NMFB
The NIRSAL Microfinance Bank (NMFB) is a microfinance bank of the Central Bank of Nigeria (CBN) for the disbursement of loans and grants in Nigeria.
However, NIRSAL’s management assured all of its clients who applied for a loan program without receiving their money.
This was reported by NIRSAL management in response to delays in disbursing loans to applicants through their official social media tool.
Anyone who accepts their loan offer will be re-credited after the extension, according to management.
Below is a section of the management reports:
“We assure you that all applicants who successfully accept our loan offers will receive the value in the specified bank accounts as soon as the extension is completed.”
This message is only relevant to those who have applied for the program as households or small medium-sized enterprises (SMEs). NIRSAL Microfinance Bank (NMFB) is currently updating the system to improve the loan processing cycle.
The applicant must be patient as the payout can begin at any time after the bank has made the extension.
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