Covid19 TCF Loan: NMFB Commence Approval Of Loans To Applicants, See CriteriaThe Covid 19 TCF Loan which was established last year by the NIRSAL Microfinance Bank In collaboration with Central Bank Of Nigeria(CBN) to support household and Small and Medium Enterprises(SMEs) due to the unprecedented Corona Virus Disease, have commenced approval of loans for second batch applicants.
After the first disbursement, the portal https://tcfloan.nmfb.com.ng was reopened for another batch to apply for the loan.
However, the new portal was closed yesterday for further application process and proper investigation by the NIRSAL Microfinance Bank management.
Therefore, it is expected by all Applicants to exercise patience as approval of loans are carryout in batches.
According to the NIRSAL Microfinance Bank management that only eligible persons will be consider for the loan.
This recent Covid 19 TCF loan registration was only for people who haven’t benefited from the loan before.
Therefore the only eligible persons are those that didn’t applied for the loan in the first batch.
All Applicants should be aware that the Covid 19 TCF loan is refundable in due time as it is not a grants.
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