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NIRSAL Microfinance Bank has reacted to the enquiries of several Nigerians that appear to be in the dark over the approval of their COVID-19 NIRSAL loan requests.
Things you need to note
First, you should take note of the following:
- There is every need for you to check your status to ascertain if you are still on the right path to receiving your covid-19-support loan.
- Before you can access the portal, you should have a profile with the platform. This means that you must have previously applied when the online registration was going on. You can only log in if you have created your profile.
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Secondly, the Nirsal Microfinance Loan will only be disbursed to those who are considered qualified applicants. Below are the steps and links that applicants need to follow to check their loan status:
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- From previous guidelines, the first step to take is to carefully go through your email address. Those who got their loan requests granted will receive emails indicating that they have been granted access to the loan. If by now, after the online application, there is still no mail to show that your loan has been approved, then it’s best to click here or visit https://agsmeisapp.nmfb.com.ng/
- In case you can’t remember the category of loan you had applied for, the two major loan categories available are SME or Individual/Households.
- Next, you need to verify your account by submitting your BVN. If you are lucky to have been approved for the loan, then a window will pop open showing you the amount approved for you.
- The next thing for you to do is to claim your loan. Provide your bank details and information in the correct format. There is a space for that on the portal.
- The final step is to locate the terms and conditions required for the loan, then read and understand every aspect of it.
- You will also learn of the director in charge of your payment and his/her details, and the procedure for repaying the loan.
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How to repay the loan
Contrary to the expectations of some applicants that the loan is non-repayable, the federal government has warned that the loan must be repaid by successful applicants.
Please note that 5% of the total funds received will be deducted before payment is made to you. The most important thing here is to make sure you don’t default in repayment.
The loan is to be repaid in 3 years. Since your BVN has been linked to all your accounts, if you fail to repay, the amount will be deducted monthly from your account.
Back story
In March 2021, the Central Bank of Nigeria (CBN), through NIRSAL Microfinance Bank, reopened its portal for Micro, Small and Medium Enterprises (MSMEs) and households affected by COVID-19 to access up to N25 million, according to Nairametrics.
This was disclosed by the Personal Assistant to President Muhammadu Buhari on New Media, Bashir Ahmad, via his Twitter handle.
He tweeted, “The CBN, through @NirsalMFB introduces a stimulus package to support households and MSMEs affected by the COVID-19 pandemic. An individual can access up to N25million.”
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Waiting I even do that from January till now people are their loans and I can not received my own till now why why Nigeria my country?
I am still waiting my payment
Hahaha dey too for this country.
Pls I was approved & I did not see the message on time before I got to see d message, just to accept d offer, CBN has approved it by themself & has taken their money back. What will I do to accept my money back please.08066749021.
A message from Important that I am approved for covid19.loan and that I should make payment of 2000 to my account before payment, please, Is it true
I’m applyed till 2020 but still now no any thing I’m hear
Good morning,pls I received message from nmfb that they have successfully created my account and I’ve not receive any thing since them! Wht do I do? Thanks
Please I’m not received my coved 19 lorn ,and I hope my message is successful thank you.
Pls, I never received any message or money. What should I do to check my portal,.
please i m not received my coved 19l lorn and hope my Message is successful thank you
Waiting for the response of covid loan since 2020.
If me too I have not received ooo
I wish to apply for the loan buh I don’t know how to carry out the procedure
We’re
I have not received approval or money since last year why please help
Hon Benjamin Ben I also applied it since but I never seen nothing
My own no massage ooo am still waiting
What’s the link I want to apply
What you do is to type nmfb on google after then click the one you see like this nmfb.com.ng
Business man
Thank you your work is good
My own was that they put a link called flutterwave but the link is not encountering error so what will I do to access it
My own was that they put a link called flutterwave but the link is not encountering error so what will I do to access it
Waiting I even do that from last year till now people get their loans, and I can not received my own till now why why Nigeria my country?
Are no see my on payment
Please nirsal approve my loan, I did the first and second batch loan application, but up till now whenever I checked it says bvn does not exist. Please help.
Thank you everyone
Please I’m not received my coved 19 lorn ,and I hope my message is successful thank you.
Hi may name is aliyu adamu i se the covid 19 lone i se the rejected the time and condition pla helfe me day
When they will start disbursement
I applied but l did’nt see anything.How do get know that l can get it?
i dont get an approval
I still believe that my own day is coming for me to receive my own covid19 loans.
Pls GOD LET BE ONE OF THE BENEFICIARIES
Good morning, I was approved 3 days back and I followed the link that was sent to me up till now nothing
Good day sir I saw my approval 3 times what should I do next
Help help help
Am approved but I don’t see any thing please help me Ajagemo omolola yetunde
Gud afternoon sir.I have feel the form, and they approved me since October 2020 till now I haven’t received the money that i was approved for what’s happening.
[email protected]
I have received a message that my loan has been approved but up till now ,I haven’t been disbursed,pls I don’t know why,can u pls attend to my message since June 4
I highly wish to invite and request again that is loan for the covid 19 I would be grateful if application approved sir
Me too I don even receive my verification
Me too I don even receive my verification
Please I want to ask is first plc isn’t stand for first bank please let me know
Please,kindly help me.I applied and it was indicated that my application was successful. I use my BVN for verification to know weather I am among those that got the approval or not and the response from you is saying that my BVN is not existing. And that’s my actual BVN..
Everyone I applied with, has gotten theirs, I’m yet to get mine . Please let me know if I made I mistake when I was asked to send my account name and number bc I’m confused
We like to show your money
Please oo mine was approved but I don’t know the next steps oo
I applied in June 2020,no response. This afternoon I received a message that my application was not approved because I didn’t meet ‘our current Risk Acceptance criteria. Exactly what this means, I do not know. I am still struggling to get out of debts incurred as a result of covid 19, about a month ago Heavy wind destroyed my Pen, birds were killed and all the stuff without any help from any quarter. Now my only hope for succour says I did not meet their criteria. Can someone help!!!
I hope pay my coven 19
Please I want to known my application if it’s approved thank sie
See
[email protected] lweatin payment yo to 12month ago
I. Like. To. Show my. Money because Nigerian we are wetting. Money
I may like this to show up too
PLS I NEED THAT MONEY OOOO AND I USE TO CHECK IT EVERY DAY PLS IM WAINTHINH.
Why is we that aply for the past 6 month are yet to receive our loan till now?
Please I applied for NIRSAL since last year and I was approved on April this year but I don’t have an account with micro finance bank I have an account with Access bank can the money be pay to my access bank account? Thanks for your reply
Baba God pls remember me…..I want to equally share my testimony just like other people who have received theirs
H
Pls an pls I’m waiting for my covi19 tnx u
Go directly to your bank
I want conform if my covid 19 loan approved
Ok when can I check again?
Please how can I apply the COVID-19 from
I applied and I didn’t see anything ooooo
But why my own was poverb yet because some people as received.
I applied for the loan and I was told my application is approved and my account is also created successfully, may I know when I can be credited in my bank account?
I was filled covid 19 loan couldn’t get it, still Iam waiting thanks you sir
No 10 rabiru siaka street odogunya ikorodu Lagos State
nagasakoton
5gawatan5
Haryenzu
Kudinbaishigaba
aslm, nima hakka harzu shiru, nima sammani
I apply my own since last year March 2020 my friends has received there own, pls I want now what is wrong with my own thanks u sir.
You are careful
I applied since March till now other people are receiving theirs what of me
I want to join
Ever since I applied for the loan, I have not received any information about the loan again Nd I have not been credited. What is happening? I am an orphan, I need help please to start a little business.
Right
Kindly do something on my request
Good please someone should put true
Sir I haven’t applied 4the loan severally and even though I didn’t get it,$ir .
Help me I want to start my own business that’s why,,
God bless you sir,,
Phone number is,:08133228892
I’m not received approval
I’m not sure if my covid19 loan is approved
I used my Bvn and apply am waiting for respond for the loan
Business lata zani Mana
My application is over a year old. Is there any hope that it can still be approved. Negative impact of Covid 19 has made life pretty difficult already.
My applications is successful don, thay said wait for the next approval
On June 7 covid-19 house loan sent me message I was credited with 500,000,00 but I don’t see it till july 18 is was rejected please how can I have access to it now.
I’ve applied since last year, and reapplied after being reopened again early this year, but no message of approval or not was sent to me. May I know what’s up please?
Covid19
Am waiting for my payment for the past some month now
I’m obafemi abiodun abass I have being apple for this portal , and didn’t work out, and I don’t know why
I applied for household since March, up till now they haven’t approve any money for me, why please help me, my gmail? [email protected] Thanks
I’m Sunday oko applied early this year 2021
Sunday oko applied early this year 2021
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