How To Repay Nirsal Microfinance Bank (NMFB) AGSMEIS Loan

How To Repay Nirsal Microfinance Bank (NMFB) AGSMEIS Loan

Are you among the AGMEIS Loan beneficiaries looking for a way to repay your Nirsal Microfinance Bank loan? if your answer is yes, then you are at the right place, as we are going to walk you through how you can repay your Nirsal Microfinance Bank AGSMEIS Loan.

You may also want to read CBN Set To Launch Digital Currency On Independence Day

Before we continue, let’s have a brief knowledge of Nirsal Microfinance Bank

The NIRSAL Microfinance Bank is a leading Nigerian financial institution licensed by the Central Bank of Nigeria (CBN) in Nigeria. The Company was incorporated as a Private Limited Company in 2019 and commenced operations following the grant of a license by the Central Bank of Nigeria to operate as a National Microfinance Bank in the same year.

The Nirsal Microfinance Bank N50 billion Targeted Credit Facility (TCF) was introduced by the Central Bank of Nigeria (CBN) as a stimulus package to support households and Micro, Small, and Medium Enterprises (MSMEs) affected by the COVID-19 pandemic.

About the AGMEIS Loan

The Agri-Business/Small and Medium Enterprise Investment Scheme (AGMEIS) is an initiative 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.

It is no longer news that the NMFB has made clear that the AGMEIS is not a grant but a loan which means it’s repayable and they have urged beneficiaries whose loan is due for repayment should kindly do that.

You can also apply for Nigeria LNG (NLNG) Post Primary Scholarship Award for Nigerian Students 2021/2022

How To Repay Nirsal Microfinance Bank (NMFB) For AGSMEIS Loan

In order to repay your Nirsal Microfinance Bank loan, NMFB has urged all beneficiaries to kindly visit the nearest NMFB branch to obtain your repayment schedule and commence repayment of your loan.

According to a message from NMFB:

Dear AGSMEIS Beneficiary,

Kindly visit the nearest NMFB branch to obtain your repayment schedule and commence repayment of your loan.
Thank you. pic.twitter.com/DNHASxbezp

— Nirsal Microfinance Bank (@NirsalMFB) March 12, 2021

So if your loan is due for repayment, follow the above instruction in order to repay your loan.

Please kindly click the share button to share this article.

How To Repay Nirsal Microfinance Bank (NMFB) AGSMEIS Loan

2 Comments

Add a Comment