The Federal Government’s N75 Billion MSME Intervention Program supports Micro, Small, and Medium Enterprises (MSMEs) nationwide.
The Bank of Industry Nigeria has opened the application portal for applicants to apply for the FG N75B Intervention Loan Program.
The Federal Government’s N75 Billion MSME Intervention Program supports Micro, Small, and Medium Enterprises (MSMEs) across the nation.
This program empowers Micro, Small, and Medium Enterprises (MSMEs) across Nigeria. Whether you’re looking to reduce production costs, create jobs, enhance agricultural productivity, or contribute to economic growth, this initiative is here to support you.
Who is eligible to apply for the FGN MSME loan? Any registered business with Corporate Affairs Commission in Nigeria, this includes Sole Proprietorships, Partnerships, Enterprises and Limited Liability Companies. .
How Much Loan Can I Apply for? Each business would be eligible for a maximum loan amount of N1 million.
What is the Interest rate? The interest rate for the loan is 9% per annum (all inclusive).
Can I apply without CAC? No, you cannot. Applications must be done using CAC documents in your registered business name.
How To apply:
Interested applicants should apply via https://fgnboimsmeinterventionloan.boi.ng
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