GoldenNewsNG
  • Home
  • News
  • Education
  • Business
  • Jobs
  • Daily Guides
  • About Us
  • Advertise with Us
  • Home
  • News
  • Education
  • Business
  • Jobs
  • Daily Guides
  • About Us
  • Advertise with Us
No Result
View All Result
Golden News
No Result
View All Result

Latest News On Nirsal Microfinance Bank Loans For Today Tuesday 14th December 2021

Enudi Golden by Enudi Golden
January 11, 2024
in business, Featured, Headline, Npower, World News
Reading Time: 3 mins read
How To Check Your NMFB NIB Window Loan Approval Status
25
SHARES
Advertisements

Latest News On Nirsal Microfinance Bank Loans For Today Tuesday 14th December 2021

Welcome to GoldenNewsNg, we have gathered all the latest happenings on the Nirsal Microfinance Bank Loans which we will be sharing with you in this article, so make sure you read until the end.

Below are the latest news On Nirsal Microfinance Bank Loans For Today Tuesday 14th December 2021

READ ALSO

YEIDEP Grant Hits 5.1 Million Applicants – Apply Before May 31, 2025 Deadline

How to Fill the RRR/NSR 75K Cash Transfer Form in 2025: Step-by-Step Guide

1. Nirsal MFB Disburses N503b Loans To Applicants Since Inception

Nirsal Microfinance Bank (NMFB) has disbursed loans valued at over N503. 273 billion to over 881 thousand  Nigerians and businesses since inception.

Data from the institution which was carried by Vanguard news indicated that most of the facilities were granted under the  COVID-19 Intervention Fund released by the federal government to cushion the effect of the COVID-19 pandemic on households and small businesses.

Some of the beneficiaries include individuals and families whose breadwinners lost their jobs in 2020 as a result of the Coronavirus (COVID-19) pandemic.

They were made up of 612,321 households that received loans ranging from N250,000 to N1 million totaling N240. 083 billion.

Similarly, 103,185 Small and Medium Enterprises (SMEs) received loans valued at N104. 023 billion between 2020 and December 2021

Households that are Non-Interest Beneficiaries (NIB) of the NIRSAL MFB loans numbering 21,027 have so far secured facilities amounting to N9.091 billion.

Small and Medium Enterprises under the Non-Interest scheme (NIB SME) numbering 2,710 have accessed N1. 057 billion while 31,067 Agric Small Medium Enterprises Scheme (AGSMEIS) beneficiaries have accessed N116. 001 billion from NIRSAL MFB in one year.

105,244 Anchor Borrowers’ Programme (ABP) successful applicants have equally received loans amounting to N31. 001 while 5,527 Nigeria Youth Investment Fund (NYIF) have also drawn down N1.009 billion loans.

Their efforts in 2021 alone have made them receive awards from 23 groups who applauded them for their effort to provide liquidity for seriously impacted households and businesses.

2. Successful Completion of AGSMEIS Application Process is Not A Guarantee For Loan Approval – NMFB

Nirsal Microfinance Bank has revealed that successful completion of the AGSMEIS application process is not a guarantee that the beneficiary’s loan will be approved.

NMFB disclosed this on their official Facebook page when replying to an angry AGSMEIS applicant who narrated how he has paid and undergone the necessary AGSMEIS training and also went further to do an online assessment test but yet his Loan is not yet approved.

Replying to the applicant, NMFB stated:

“Dear Harry, please note that successful completion of the application process is not a guarantee for the loan, as all successful applications submitted must meet the bank’s risk acceptance criteria. Thank you.”

Latest News On Nirsal Microfinance Bank Loans For Today Tuesday 14th December 2021

 

However, the AGSMEIS Loan portal is still open for new applications, to get full details and procedures on how to apply, kindly click HERE

3. APSAN Visits Nirsal Microfinance Bank MD, Commends The Bank’s Effort

The officials of the Agricultural Produce Sellers Association of Nigeria (APSAN) paid a visit to the Executive Director of Nirsal Microfinance Bank, Mr. Darlington Lawson at the Head Office of NIRSAL Microfinance Bank.

This was disclosed by Nirsal Microfinance Bank through their official Instagram account where they stated that the President of APSAN, Comrade Aloys Akortsaha commended the bank’s effort in ensuring that Agribusiness dealers were empowered through intervention funds like the Covid-19 Targeted Facility (TCF), AGSMEIS loan and the Anchor Borrower’s Program.

According to him, “it is the first time in the history of Nigeria that a programme or policy affects the grassroots directly without influence by powers that be.” He revealed that so far, over 20,000 farmers have benefited from the loan scheme.

Mr. Darlington Lawson appreciated the group for recognizing the impact of the intervention loan on their members.

That’s all for the Latest News On Nirsal Microfinance Bank Loans For Today Tuesday 14th December 2021, make sure to share this article and always come back from time to time for more updates.

📢 JOIN OUR WHATSAPP GROUP 📢 JOIN OUR TELEGRAM CHANNEL
Previous Post

Obiano orders closure of petrol stations in Anambra, See the affected stations

Next Post

Black Market Dollar To Naira Exchange Rate Today 14th December 2021

Related Posts

YEIDEP Grant Hits 5.1 Million Applicants – Apply Before May 31, 2025 Deadline

YEIDEP Grant Hits 5.1 Million Applicants

YEIDEP Grant Hits 5.1 Million Applicants – Apply Before May 31, 2025, Deadline   The Youth Economic Intervention and De-Radicalization...

Read more

How to Fill the RRR/NSR 75K Cash Transfer Form in 2025: Step-by-Step Guide

RRR/NSR 75K Cash Transfer Form

 How to Fill the RRR/NSR 75K Cash Transfer Form in 2025: Step-by-Step Guide Are you looking to benefit from the...

Read more

How to Register for Conditional Cash Transfer in Nigeria (2025 Updated Guide)

How to Register for Conditional Cash Transfer in Nigeria (2025 Updated Guide)

How to Register for Conditional Cash Transfer in Nigeria (2025 Updated Guide)   With millions of Nigerians living below the...

Read more

Flood claims over 20 lives in Niger communities

Victim ...Woman, 2 children rescued, 10 persons still missing   Following a heavy downpour that occurred on Thursday, no fewer...

Read more

FG Announces N45K Monthly Stipend for Technical College Students — Here’s What You Need to Know

FG Announces N45K Monthly Stipend for Technical College Students — Here’s What You Need to Know

FG Announces N45K Monthly Stipend for Technical College Students GoldenNewsNg reports that the Federal Government has announced a new policy...

Read more

How to Apply for Yeidep Grant : Step-by-Step Guide for Nigerians

How to Apply for Yeidep Grant

Last year, my close friend Amaka was at rock bottom. She had just lost her job, rent was due, and...

Read more

Why Some Applicants Won’t Receive the YEIDEP Grant This July — Avoid These Errors

Why Some Applicants Won’t Receive the YEIDEP Grant This July — Avoid These Errors

With the YEIDEP disbursement date drawing near, it’s important for all applicants to know the key reasons they might miss...

Read more

Over 298,000 Nigerian Students Get Financial Relief as NELFUND Disburses ₦56.85bn

Over 298,000 Nigerian Students Get Financial Relief as NELFUND Disburses ₦56.85bn

Over 298,000 Nigerian Students Get Financial Relief as NELFUND Disburses ₦56.85bn In just one year, the Nigerian Education Loan Fund...

Read more

YEIDEP Coordinator Kennedy Iyere Clears the Air Over Keystone Bank Visit

YEIDEP Coordinator Kennedy Iyere Clears the Air Over Keystone Bank Visit

YEIDEP Coordinator Kennedy Iyere Clears the Air Over Keystone Bank Visit   Amid growing interest in the YEIDEP grant programme,...

Read more

4 Year old girl r*ped by several men suffer organs injury

A raped Girl ... To undergo second surgery   REPORT BY EMMANUEL ADAMS A 4 year old girl (name withheld)...

Read more
Load More
Next Post
Black Market Dollar To Naira Exchange Rate Today 3rd April 2023 (Aboki Exchange)

Black Market Dollar To Naira Exchange Rate Today 14th December 2021

SEARCH ADS

Latest Posts

YEIDEP Grant Hits 5.1 Million Applicants
Jobs

YEIDEP Grant Hits 5.1 Million Applicants – Apply Before May 31, 2025 Deadline

RRR/NSR 75K Cash Transfer Form
Headline

How to Fill the RRR/NSR 75K Cash Transfer Form in 2025: Step-by-Step Guide

How to Register for Conditional Cash Transfer in Nigeria (2025 Updated Guide)
business

How to Register for Conditional Cash Transfer in Nigeria (2025 Updated Guide)

News

₦75,000 CCT Process Begins – Check If You’re Eligible!

News

Two Years Anniversary: Niger CAN Congratulates Gov. Bago

Headline

Flood claims over 20 lives in Niger communities

FG Announces N45K Monthly Stipend for Technical College Students — Here’s What You Need to Know
Education

FG Announces N45K Monthly Stipend for Technical College Students — Here’s What You Need to Know

How to Apply for Yeidep Grant
business

How to Apply for Yeidep Grant : Step-by-Step Guide for Nigerians

Why Some Applicants Won’t Receive the YEIDEP Grant This July — Avoid These Errors
Npower

Why Some Applicants Won’t Receive the YEIDEP Grant This July — Avoid These Errors

Over 298,000 Nigerian Students Get Financial Relief as NELFUND Disburses ₦56.85bn
Education

Over 298,000 Nigerian Students Get Financial Relief as NELFUND Disburses ₦56.85bn

© 2024 Golden News

  • About Us
  • Advertise with Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms And Conditions
No Result
View All Result
  • Home
  • News
  • Education
  • Business
  • Jobs
  • Daily Guides
  • About Us
  • Advertise with Us

© 2024 Golden News