The CBN has taken a decision by extending the non-interest window for households and small businesses that were adversely affected by the Covid-19 pandemic.
We are more than happy to announce that the CBN COVID-19 loan is now open and available to new applicants.
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To help people, we have carefully created this guide to help you apply for this loan as a new applicant without having to go through tedious processes.
Right here on this website, we had earlier published some content on how the CBN Covid-19 will help you as a business owner.
This CBN Covid-19 Loan for households will help you build your business from scratch, maintain your current living standards, or even help grow your existing business.
About the CBN Covid 19 Loan for Household
The Central Bank of Nigeria (CBN), introduced the loan as a stimulus package for households and Micro, Small, and Medium Enterprises, (MSMEs), that were affected by the COVID-19 pandemic.
To apply for the CBN Covid-19 Loan, there are some requirements that must be met by you as an applicant of the loan.
Below is the information required for the CBN Covid-19 Loan for Household
Date of Birth
NIRSAL MFB Branch
State of Origin, LGA
State of Residence
Region of Origin
How to apply for the CBN Covid-19 Loan for Household
To apply for the loan, you are to submit an application via the NIRSAL Microfinance Bank’s official website.
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While applying please provide clear evidence of the opportunity or adverse impact you experienced due to the effect of the COVID-19 pandemic.
You are to apply via the Nirsal official website here NMFB official website
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I need help with the loan approval. What can I do?
As long as you have followed the procedures and met all the requirements, there is nothing to worry about. You’ll get updated
Good bless nigeria