How to Apply for Bank of Agriculture-SMEDAN Loan and get upto 5M Naira This article will show us how we can easily apply for the BOA MSE’s Loan of up to 5Million Naira, It will interest you to Know that Application for the BOA SMEDAN Loan is open for those interested in the BOA-SMEDAN Matching Fund Programme for Micro and Small Enterprises.
The Loan will provide Businesses the Needed Financial Obligations they need to Survive, this Loan was born to sustain MSE-Medium and Small Scale Enterprises or Businesses as the case maybe, this loan was put in place to resuscitate many dying Businesses in the country primarily caused by the Covid19 Pandemic which every Country in the World is Battling.
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) and the Bank of Agriculture (BOA), desirous of building synergy in key areas of their respective mandate, have jointly scheduled an intervention Matching Fund Programme for MSEs to boost the output of micro and small enterprises (MSEs) across the country.
BOA SMEDAN Loan Starting Dating:
- The Matching Fund initiative will commence on Tuesday, 15th December 2020
- With the opening of the programme, the portal is a promotional intervention meant to deliver credit to the sub-sector, with triple objectives of enhancing enterprise output, competitiveness and jobs creation.
- The disbursing entity, under the programme, shall be the Bank of Agriculture Ltd (BOA).
- Target beneficiaries for this programme shall be labour-intensive micro or small enterprises (MSEs), operating in the real sector. These shall ideally have innovative value-added products that are establishing a footprint in the Nigerian market and require additional funds to increase output
BOA SMEDAN BUSINESS LOAN RANGE:
Business Enterprises will be able to apply for Loans up to 5Million Naira on Business friendly terms, with the required or Necessary steps.
How to Apply for the BOA SMEDAN MSE 5Million Naira Loan
Those interested in this Loan Offer and wishes to apply can do so through the official link Portal for SMEDAN BOA Loan, Interested Applicants from all suitably qualified MSEs located in the Federal Capital Territory FCT, Kaduna and Oyo state may apply for the Loan respectively.
You must be Registered with SMEDAN, before you can be able to apply or access the loan, because that is one of the Criteria to be used in giving out the Loans.
If you need more information or question about this loan article please do use the comment box below this post to communicate with us.
How to Apply for Bank of Agriculture-SMEDAN Loan and get upto 5M Naira