NMFB CBN N50 Billion COVID-19 Support Loan 2020 apply here www.nmfb.com.ng

The  NMFB Loan by Central Bank of Nigeria for COVID-19 Support Loan N50 billion Targeted Credit Facility (TCF) as a stimulus package to support households and micro, small and medium enterprises (MSMEs) that are affected by the coronavirus pandemic. Download Form here.

Currently, federal Government is giving out funds for households and micro, small and medium enterprises (MSMEs) that are affected by the coronavirus pandemic. About N50 billion has been budgeted for this excise. Register here.

Who can apply for 2020 NMFB Loan?

• Households with verifiable evidence of livelihood adversely impacted by the coronavirus outbreak;
• Existing enterprises with verifiable evidence of business activities adversely affected as a result of the coronavirus pandemic (as part of its consistent review, CBN has declared that eligible applicant does not need to have a business plan),
• and firms in agricultural value chain activities.
• Hospitality industry (accommodation and food services)
• Airline service providers
• Health (pharmaceuticals and medical supplies)
• Manufacturing/value addition
• Trading and other income-generating activities as may be prescribed by the CBN.

How to apply for NMFB CBN N50 Billion COVID-19 Support Loan 2020

Get details about NMFB Loan

Apply Here for NMFB Loan

www.nmfb.com.ng/covid-19-support/

1. For household applicants, you are to submit an application to NIRSAL MFB, which must, among others, contain BVN number, business registration (where applicable) and business plan with clear evidence of the opportunity or adverse impact as a result of COVID-19 pandemic.
2. Next, NMFB shall forward the applications to the CBN for final approval.
3. Finally, CBN reviews applications and gives final approval for disbursement to NMFB
4. For MSMEs Applicants, applications are submitted to NMFB with clear evidence of the opportunity or adverse impact as a result of COVID-19 pandemic.
5. Next, NMFB shall forward the applications to the CBN for final approval.
6. Finally, CBN reviews applications and gives final approval for disbursement to NMFB

Get started here

Good luck!

NMFB CBN N50 Billion COVID-19 Support Loan 2020