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
- Ensure access to finance for SMEs
- Generate much needed employment opportunity in Nigeria
- Develop agricultural value chain and ensure sustainable agricultural practices. etc.
Permissible Businesses under the Scheme
- Agricultural investments which include production, storage, processing and logistics
- 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)
- 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