We want to congratulate every one of you who applied for the CBN Covid 19 Loan application and was successful, and for those who are yet to see a credit alert, you can click here to learn more
The only official website to Apply is www.nmfb.com.ng/covid-19-support/
Meanwhile, if you have received your credit alert, it is important to know when and how to pay back your loan. Remember, it is not a grant but a loan which means you are to pay back with interest as stipulated by the Central Bank of Nigeria.
You can take a look at this post to see the repayment structure and when you are expected to start paying.
For as many who are yet to apply or just getting the information now, there is no need to panic, you can still apply for the loan by following the instruction outlined below.
The CBN Covid-19 Loan application started about 4 weeks ago and has received more than 300,000 applications. So far, there has been positive feedback from beneficiaries.
A few days ago, it was reported that limit available for household loan is filled and no longer collect applications. However, those who want to apply for SMEs can still apply online. Go to www.nmfb.com.ng/covid-19-support/ to apply.
How to Apply for CBN COVID 19 Supplementary Loan
Similarly, you can apply for supplementary application only through NIRSAL Microfinance bank nationwide.
Walk into any NIRSAL Microfinance bank and request that you want to apply for CBN COVID 19 loan. An application form will be given to you to fill. Once your eligible, you will be credited.