Are you a business owner in Nigeria looking for a low interest rate loan for your business? Then you should apply for the CBN AGSMEIS Loan scheme which has an interest rate of 9% per annum. You don’t need a collateral to access this loan & it takes about 6-9 weeks for your funds to be disbursed to you if your application is accepted.

You need to be trained by a CBN-Certified Entrepreneurship Development Institute (EDI) who will in turn guide you through the loan application process and ensure that all your documents are complete. The certificate given by the EDI’s is a major requirement to access the loan. You’ll be given a certificate after your training with the EDI; you’ll upload that certificate during the application process. To find an EDI in your state, kindly click on this link which will show you a list of blog posts detailing EDI’s across the 36 states of Nigeria.

To apply for the loan, simply visit the NIRSAL Microfinance Bank AGSMEIS Loan portal here.

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