NMFB Set To Launch The New AGSMEIS Loan Application Portal
NMFB Agsmeis Loan Application Portal and Disbursement 2021 (https://agsmeisapp.nmfb.com.ng/)
Contents
What is AGSMEIS?
This is an initiative to support the federal government’s policies to promote agribusiness / small and medium-sized enterprise investment plans, agribusiness and small / medium-sized enterprises (SMEs) as tools for sustainable development and employment generation.
How it Works
Get access to affordable loans to start and grow you business in 6 steps
Get Trained
Attend a compulsory training with a CBN certified Entrepreneurship Development Center (EDC).
Apply For Loan
Attend a compulsory training with a CBN certified Entrepreneurship Development Center (EDC).
Receive Funds
Loans are paid into the account of beneficiaries. Unqualified candidates are given feedback.
Get Business Support Service
The Entrepreneurship Development Institute assists you to implement business plan and provide business support services commercially.
Make Sales
Sell products and services to pay back loan and make profit.
Repay Loan
Run your business, keep proper records, monitor sales and expenses to maximize profit and pay back the loan.
The old AGSMEIS has now been updated. So, by visiting the site you will get the following answer (We are currently updating this portal. Please visit https://agsmeisapp.nmfb.com.ng in April 2021)
What to Expect
- User can track their application
- Feedback at every level
- Migration of all existing Applications to the new portal and much more…
The new portal agsmeisapp.nmfb.com.ng is now LIVE
CBN AGSMEIS Loan Application Form and Guide
This is a comprehensive application guide for all Nigerians interested in registering for AGSMEIS loans and the agribusiness / SME investment program.
This is an initiative of the Central Bank of Nigeria – a CBN AGSMEIS loan and we will explain how to apply in this guide.
Through the CBN AGSMEIS loan, you can get up to 10 million NARA loans at a rate of 5% per annum without collateral.
The AGSMEIS initiative has been launched to support and complement the promotion and investment of federal governments in agribusiness / small and medium-sized enterprises.
The initiative proposed that all participating Nigerian banks devote 5% of their profits after the annual tax to the sustainable development of Nigeria.
Who is Eligible for AGSMEIS Loan?
- Interested Applicants will apply for the loan through the CBN accredited EDI
- Applicants will be called for an interview regarding their business
- Fill clearly the form with all the details required, sign and get them authenticated by the EDI
- Interested Applicants to undergo training by a CBN certified Entrepreneurship Development Institution (EDI)
- The application will then be sent to CBN for processing.
- Those qualified will be contacted and given the loan.\
AGSMEIS Loans Application – States
- Abia State
- Adamawa State
- Akws Ibom State
- Anambra State
- Bauchi State
- Bayelsa State
- Benue State
- Borno State
- Cross River
- Delta State
- Ebonyi State
- lido State
- Ekiti State
- Enugu State
- Gombe State
- Imo State
- Jigawa State
- Kaduna State
- Kano State
- Katsina State
- Kebbi State
- Kogi State
- Kwara State
- Lagos State
- Minna State
- Nassarawa State
- Niger State
- Ogun State
- Ondo State
- Osun State
- Oyo State
- Piateau State
- Rivers State
- Sokoto State
- Taraba State
- Yobe State
- Zamfara State
How to Apply for the AGSMEIS Loans?
- Interested applicants can visit the AGSMEIS portal – agsmeisapp.nmfb.com.ng
- Create an account and start the application process
- complete BVN Verification, Use Registration, Contract Information, Other Information, Business Information
- Submit the application form.
Babangida Usman says
I have applied for,but it’s almost a year no any feedback.i was trained and interviewed and I opened account with nirsal microfinance but no any feedback.