What to Do if You Applied For CBN Covid-19 Loan But Didn’t Get It

If you are one of the applicants of Nirsal Microfinance Bank (NMFB) CBN Covid-19 Loan last year (2020), and end up not being selected to benefit from the loan scheme, there is an excellent news that you will like to hear in regards to the loan.

First, the reason most applicants weren’t selected, nor paid the stipulated amount is due to the following;

  • Not having an upgraded account that can receive such high amount of money.
  • Having a different account name from the one used during the registration. Such mismatch of name can result to not being selected to benefit from the loan scheme.
READ :  How To Apply For CBN COVID-19 Loan for Households & MSME

According to NMFB, those who applied last year and end up not benefiting should endeavor to re-apply this year, as the registration is free of charge.

It is therefore necessary for such applicant to be mindful during the 2021 registration process which is ongoing, in order not to make same mistake they did during the 2020 registration.

How to Apply for the 2021 NMFB CBN Covid19 Loan

The 2021 registration is currently ongoing. Hence, the application is made opened to interested persons. You can get the registration guidelines via https://nmfb.com.ng/covid-19-support

Need Federal Govt Free-Interest Loan? =>See Here.

After which you can read about the various category you can apply for, and how to go about it by following our previous post on that.

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It should be put to mind that the NMFB CBN covid19 loan scheme is a special assisting package that is being introduced by the central bank of Nigeria (CBN), to support households, Micro, Small, and Medium enterprises (MSMEs) who are seriously or partly affected by the pandemic (Covid19).

If you have any question on how to go about the registration, don’t hesitate to make use of the comment box, as we are readily available to come to your aid.

You can share this information with friends and family, as it might be of help to them.

Source: Nyscinfo

Updated: November 25, 2021 — 7:17 am

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Humphery

Humphery is a seasoned internet entrepreneur and a life coach. He has been the Nyscinfo ambassador since 2017. He is knowledgeable enough to guide you. Keep following this website for updates, we love you!

6 Comments

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  1. I DONT HAVE THE LINK KINDLY HELP OUT.

  2. Am still waiting for the confirmation link and the email validation, is that will take another year?
    paulonuwise@gmail.com

  3. I have applied long ago up to no any responce

  4. My bvn is not exit way

  5. Muhammed Abubakar usman

    I have been approved but the money is not yet enter my account and my bvn is this 22442111674

  6. I am One of those whom you sent sms via my phone number: 08130878692 to validate my BVN after which it shows successful that a confirmation link has been sent to my email. Uptill date I have not received any confirmation link, how many years will it take to get the confirmation link in my email, and email to be verified

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