NIRSAL Microfinance Bank (NMFB) provides accessible financial support to petty traders, kiosk owners, and artisans through its “Cash Now-Now” loan.
This loan is designed to address immediate working capital needs and enable business sustainability.
Application Process:
Bank lending
1. Online Registration:
- Visit the official NMFB website.
- Create an account and complete the online application form, providing necessary personal and financial information, including Bank Verification Number (BVN) and payslip.
- Select your preferred NMFB branch
2. Evaluation and Approval:
- NMFB will evaluate applications based on their Risk Acceptance Criteria.
- Approved applicants will receive a loan offer.
3. Disbursement:
- Upon acceptance of the loan offer, funds will be disbursed to your NMFB account.
4. Monitoring and Repayment:
- NMFB will monitor loan adherence to terms and conditions.
- Repayment commences 30 days after disbursement.
- Contact Information:
- Email: [email protected]
Key Features:
- Target Beneficiaries: Petty traders, kiosk owners, and artisans.
- Loan Amount: Up to ₦300,000 available.
- Loan Tenure: Repayment period of up to 365 days
This loan program aims to empower small business owners by providing them with the financial resources they need to thrive.
CLICK HERE TO APPLY
