In line with the CBN’s decision to extend a non-interest window to businesses and households that have been impacted negatively by the Covid 19 pandemic, NIRSAL Microfinance Bank’s portal is now live for applicants who are eligible under this scheme to apply.
The Non-Interest Targeted Credit Facility (TCF) is a stimulus package to support household and Micro, Small, and Medium Enterprise (MSMEs) affected by the COVID-19 pandemic. It is a non-interest term facility targeted at small businesses for the financing of key assets for their businesses.
The financing limit is N2,500,000.00 for a tenure of 3 years with 6 months moratorium (a moratorium is a grace period of granted to the customer by the Bank to postpone the payment).
How to Apply
Interested Applicants should apply via https://nibloans.nmfb.com.ng/noninterestlendingtcfhousehold
For further enquiries, contact 09010026900.
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