Registration is ongoing for 2021 COVID19 Grants Application Form; Federal Government is giving Covid-19 Grant and Loan of N2billion to entrepreneurs and previous applicants for COVID19 Grants Support has started receiving Funds. Get more information under.
Are you looking for Link to apply for Federal Government COVID19 Grants Loan Support Fund? Are you interested getting Loan to start up your business in 2021? Your opportunity is here. Get started below.
Application Portal is now opened again for COVID19 Grants Loan Application Form 2021 for Entrepreneurs in Nigeria.
This New Year, the Federal Government is giving Covid-19 Grant and Loan of N2billion to entrepreneurs. Entrepreneurs include farmers, SMEs (Small and Medium Entrepreneurs), artisans and other sectors.
Categories of 2021 COVID19 Grants Loan Application
For Household:
- FACILITY TYPE: Term Loan
- SINGLE OBLIGOR LIMIT: N3m
- LOAN TENOR: Maximum of 36 months
- MORATORIUM: At least 12 months
- PRICING: 5% per annum till February 28, 2021, and 9% subsequently
- REPAYMENT STRUCTURE: Installment basis, according to the nature of the enterprise
To apply for Household COVID19 Grant Loan – register via https://nmfb.com.ng/covid-19-support/
For SMEs:
- FACILITY TYPE: Term Loan
- SINGLE OBLIGOR LIMIT: N25m
- LOAN TENOR: Maximum of 36 months
- MORATORIUM: At least 12 months
- PRICING ……?
- REPAYMENT STRUCTURE: Installment basis, according to the nature of the enterprise
To apply for SMEs COVID19 Grant Loan – register via https://nmfb.com.ng/covid-19-support/
Registration Form for COVID19 Grants Loan Application
According to Abubakar Malami (SAN), the Attorney General of the Federation and Minister of Justice, he said that no fewer than three-thousand owners of small and medium scale businesses would receive Federal Government’s post COVID-19 grants in order to enhance their business activities.
Malami disclosed that the FG had noted that “many small and medium scale business owners suffered losses due to the COVID-19 pandemic and subsequent lockdown, hence, the need to intervene with grants and soft loans to boost their businesses and enhance their productivity”.
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Each of the entrepreneurs will receive an amount ranging from one million to five million”, under the scheme.
Apart from the cash loan to entrepreneurs, disabled people will also benefit from this Covid-19 Grant as 200 wheelchairs would be distributed to People Living with Disability (PWDs).
Please note that above information was made in Kebbi State Nigeria
Download Registration Form Here
How to apply for 2021 COVID19 Grants Loan Support Programme
To get started, apply via this link – https://nmfb.com.ng/covid-19-support/
How to Know if your COVID19 Grant Application has been approved
For those that applied in 2020 and have not receive, this guideline below will assist you to check your application Status.
- First visit https://nmfb.com.ng/covid-19-support/
- Scroll down, then Click on Click Here to Provide other Bank Account
- Select Household or SMEs
- Then enter your bvn here to continue
- If you have been given it pop up
See testimonies from successful applicants that has received covid-19 grants loan
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Hello, my name is Yunusa Suleiman Abdullahi,I submitted my application for long time ago and still now no any response from you.
Please what’s is the problem, because some people already get the alert since.
But I’m still awaiting
Pls my name is adeniyi Elizabeth i apply since last year i check the web site and enter my bvn is telling me that the bvn does not exist . The point now is that can i apply for another one since that one is not through?
My name is usman alhaji ibrahim.i apply since june and if i enter to check my loan status,its showing my BVN does not exist.please advice me on what to do.
Why is BVN needed as condition for this loan?
My name is absolom john adugan
I apply since June and when I check it tell me that my bvn show me that is not exist
Pls help me,my loan was approved but mistakenly tap on the reject terms and conditions of the loan pls help me out and reapproved the loan for me I need it so much.
My name is joy Edet Effiong I applied for this loan but it keeps telling me that my bvn dos not exist plz can u check
My name is Eyinjumo Tosin , I applied since last year , and I didn’t get anything yet , it was even showing my details are not exist, please see to this, thanks abunch
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