How To Apply For COVID-19 Support Loan In Nigeria

Due to the effect of COVID19, the Federal Government introduced a stimulus package to support households and business owners across Nigeria. In this post, we will guide you on how to apply for COVID-19 support loan in Nigeria.

Requirements to get covid-19 support loan in Nigeria

Applicants must have a Bank Rerification Number (BVN): if you don’t have BVN, go to your bank to register. If you have registered but have gotten the number, see how to check your BVN on your phone.
Must have E-mail address. If you don’t have email address, you can easily create one with Google, click here to begin. You may like to know the difference between e-mail and g-mail (clear explanation).
A completed Covid19 support loan application form: You need to fill the loan form. Don’t worry we will show you how to access the form.

READ : How to Apply for IFAD Agrobiodiversity Challenge 2021

Eligibility

Households with verifiable evidence of livelihood adversely impacted by COVID-19, OR
business with verifiable evidence of business activities adversely affected as a result of the COVID-19 pandemic.

How to apply for COVID-19 support loan in Nigeria

Follow the steps below to apply for covid19 support loan;

Visit https://nmfb.com.ng/covid-19-support/ to get started.
Submit applications directly to NIRSAL Microfinance Bank (NMFB)
NIRSAL Microfinance Bank will review your application, and forward to the CBN.

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CBN will review the application and gives final approval for disbursement to NMFB.