COVID-19: CBN N50 billion Intervention facility for household and msmes

Hey there,

Trust you are keeping safe.

It is no longer news that Covid-19 is dealing a devastating blow on the economies of individuals, families, business organizations and nations all over the world. This is due to lockdowns and stay home policy of various nations to stop the spread of the virus.

To avert the terrible economic disasters, various governments of nations are introducing economic stimulus packages to cushion the effect of economic down turn.

It is in the light of this, that the Central Bank of Nigeria introduced COVID-19 N50b Targeted Credit Facility for households and micro, small and medium enterprises.

The objectives of the facility are:

  1. Cushion the adverse effects of COVID-19 on households and MSMEs.
  2. Support households and MSMEs whose economic activities have been significantly disrupted by the COVID-19 pandemic
  3. Enterprises with bankable plans to take advantage of opportunities arising from the COVID-19 pandemic.

You can apply for this opportunity online

Please find attached the Guidelines for the implementation and Loan application.

Yours in profitability and growth.

J. Taiwo Popoola

P.S. If you will need to submit Audited Financial Statements with your request. Call us on 08023183590; 08093183590 or hit the reply buton on this email.

 

Helping You Create Profitabilty and Growth, While Building Your Business

 

GUIDELINES FOR THE IMPLEMENTATION OF THE N50 BILLION TARGERTED CREDIT

LOAN-APPLICATION-GUIDELINE-Household