Agri-Business / MSME Investment Program (AGSMEIS) Non Interest Loan Application Form 2022/2023 reopen again – apply here. Are you interested getting Loan from CBN through Agricultural Loan Program? Then your opportunities are here – register for AGSMEIS Loan Application below:
Agribusiness/Small and Medium Enterprises Investment Plan is an initiative to support the efforts and policies of the Federal Government to promote agribusiness and small and medium enterprises (SMEs) as a guideline for sustainable growth and job creation.
6 steps to get access to AGSMEIS Non Interest Loan
Table of Contents
- Complete compulsory training at the Nirsal MFB Certified Enterprise Development Institute (EDI).
- Create an account, click “Submit Application”, review your BVN, and select a non-permanent MFB Certified Entrepreneur Development Institute (EDI).
- The loan is paid to the recipient’s account. Give feedback to unqualified people.
- The Institute for Organization Development assists in the implementation of business plans and the provision of commercial business support services.
- Sell goods and services to pay off loans and make a profit.
- Run your business, keep proper accounting records, track sales and expenses to maximize profits and pay back loans. Get this loan here
Requirements for Agri-Business / MSME Investment Program (AGSMEIS) Loan Application Form 2022/2023
- Duly completed application form.
- Bank Verification Number (BVN).
- Certificate of Training from recognized Entrepreneurship Development Institution (EDI) or evidence of membership of organized private sector
- Recommendation letter from one of the following: Priest, village head, district chief, orthodox ruler. Senior civil servants, etc. (for individuals/small enterprises only)
- Evidence of business name registration or company registration certificate and annual filing (if applicable) as required by the Company and Affiliate Act (1990).
- Tax Identification Number (TIN) and current withholding certificate TCC), if applicable.
- To qualify for access to this fund You must have received training from the Enterprise Development Institute, after which you will need to fill out a form. They will send your form to the CBN.
- CBN will ask your bank to verify your account details. CBN will then perform its own assessment
Eligible Business for Agri-Business / MSME Investment Program (AGSMEIS) Loan
- Fashion, Beauty
- Apparel & Textile
- Arts & Entertainment
- Agriculture & Allied Processing
- Automobiles
- Information & Communication Technology
- Media & Publishing
- Hospitality
- Catering & Event Management
How to apply for AGSMEIS Non Interest Loan
To apply online – visit Official website here
AGSMEIS Non Interest Loan Disbursement Process
- Get Trained and attend a compulsory training with a CBN certified Entrepreneurship Development Center (EDC).
- Register online for Loan Entrepreneurship Development Institute (EDI) guides and assists you in getting all necessary documents required to secure the loan
- Recieve fund/Loans are paid into the account of beneficiaries. Unqualified candidates are given feedback
- Get Business Support ServicesThe Entrepreneurship Development Institute assists you to implement business plan and provide business support services commercially.
- Start your business to pay back loan and make profit.
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