Agricultural/Small and Medium Enterprises Investment Scheme (AGSMEIS)

This is a multi-million naira opportunity put together by the Bankers’ Committee where all the Deposit Money Banks (DMBs) are required to deduct and remit to a designated account domiciled in with the Central Bank of Nigeria (CBN), 5% of their profit after tax (PAT) which will be made available to entrepreneurs  as loans to be invest in permissible activities. This opportunity is unique because of the following reasons:

  • It does not require collateral
  • Individuals can also apply and get the loan without necessarily having a company
  • An individual can access up to N10,000,000
  • To access more than N10,000,000 you need to be a registered business. Call us to help register a business for you today 08064240171
  • The loan can be paid back within a maximum period of ten (10) years.
  • The loan is for a single digit interest rate of of 5%

Objectives of the Scheme

  1. Ensure access to finance for SMEs
  2. Generate much needed employment opportunity in Nigeria
  3. Develop agricultural value chain and ensure sustainable agricultural practices. etc.

Permissible Businesses under the Scheme

  1. Agricultural investments which include production, storage, processing and logistics
  2. SMEs in the real sector as well as services sector which are backward integrated into manufacturing, agriculture, mining, modular refineries, including local initiatives in information and communication technology (ICT)
  3. Other activities as may be determined by the Bankers’ Committee from time to time.

Take Action Now

To partake in this juicy opportunity, you need to be trained by a CBN designated Entrepreneurship Development and Training Centre (EDC) and be issued a certificate before you can apply for the loan. Call the Institute of Advanced Entrepreneurship Research and Dev. now on 08064240171 and start the process that will lead you to a collateral free multi-million naira loan opportunity that will change your life for ever.

Paddy Naakombo, ACA