Nirsal Microfinance Bank Loan

Latest news on Nirsal Microfinance bank loans.

, Application Portal News Updates

Good day, applicants! Ejes Gist News has compiled the latest news on Nirsal Microfinance bank loans for today December 14th 2021.

Following the report, we know that many applicants are eager to learn about the latest developments regarding Nirsal Microfinance Bank Loans, and as a result of the overwhelming number of questions we’ve received about the Loans, we’ve compiled all of the most recent information on the NMFB Loans.

What Applicants That Are Not Receiving Messages From NMFB Must Do

Targeted Credit Facility (TCF) Loan Applicants have been given instructions on what to do if they are not receiving messages from Nirsal Microfinance Bank.

TCF applicants who are not receiving messages from the Nirsal Microfinance Bank have been advised to turn off “Do Not Disturb” on their phones in order to receive messages from the NMFB.

Check your Do Not Disturb (DND) status and, if it is active, follow the steps below to de-activate it, according to the NMFB.


 NMFB Disbursed Equipment To Beneficiaries Of Non-Interest Banking Window Loans

As some of the beneficiaries testify after receiving their equipment, Nirsal Microfinance Bank has continued to disburse equipment to successful beneficiaries of Non-interest Banking Window Loan.


Last month, the National Microfinance Bank (NMFB) announced on their official social media accounts that their approved vendors have begun distributing the equipment, urging beneficiaries who have yet to receive theirs to be patient as they will undoubtedly receive theirs.


 COVID-19 No-Interest Loan Isn’t Just For Muslims, Says NMFB

The Nirsal Microfinance Bank has clarified that the ongoing COVID-19 Non-Interest Loan for Nigerians who have been affected by the COVID-19 Pandemic is not a religious matter.

This was announced in a public statement on the bank’s Instagram account, in which the bank’s management stated that the scheme is open to all Nigerians, regardless of religious affiliation.

However, an applicant for the Scheme must have been harmed by the COVID-19 Pandemic, be at least 18 years old, have a Bank Verification number, and have run their own business, according to the NMFB.

They went on to say that the Non-Interest Banking Window for TCF and AGSMEIS focuses on asset financing, whereas the COVID-19 Targeted Credit Facility Loan Scheme focuses on debt financing.

APSAN pays a visit to the MD of Nirsal Microfinance Bank and praises the bank’s efforts.

Officials from the Agricultural Produce Sellers Association of Nigeria (APSAN) paid a visit to Mr. Darlington Lawson, the Executive Director of Nirsal Microfinance Bank, at the bank’s head office.


The President of APSAN, Comrade Aloys Akortsaha, commended the bank’s efforts in ensuring that Agribusiness dealers were empowered through intervention funds such as the Covid-19 Targeted Facility (TCF), AGSMEIS loan, and the Anchor Borrower’s Program, according to Nirsal Microfinance Bank’s official Instagram account.


“It is the first time in Nigerian history that a program or policy directly affects the grassroots without the influence of powers that be,” he says. He revealed that the loan scheme has benefited over 20,000 farmers so far.


Mr. Darlington Lawson praised the group for recognizing the intervention loan’s impact on the group’s members.

The National Microfinance Bank (NMFB) urges borrowers to begin repaying their loans.

Nirsal Microfinance Bank has urged beneficiaries to begin repaying their loans as soon as possible, claiming that the program is not a national cake.


Mr. Abubakar Abdulahi Kure, the Managing Director of Nirsal Microfinance Bank, stated that the Loan is necessary to assist those at the bottom of the economic ladder. The goal is to create jobs, as well as provide and create affordable and accessible loans and effectively grow the economy.


He also stated that many people believe this is a public fund. It has a negative reputation, which could jeopardize recovery efforts. Some consider it to be a national cake. There would be difficulties with recovery. Scammers are also present near the products. People are duped because they are desperate; demand exceeds supply, and the fund is limited.


He went on to urge those who owe money to begin repaying it in order to assist those whose applications have yet to be approved.

This Post Answer the following Questions

NIRSAL Microfinance Bank Non-Interest Banking Portal Goes Live



Nirsal Microfinance Bank Loan-Code

  1. Send ”STATUS” to 2442 for ALL NETWORKS
  2. Send “ALLOW” to 2442 for MTN and Airtel
  3. Text ”STOP” to 2442 for Etisalat and Glo.

3. Nirsal MicrofinanceBank Refutes Claims of Shutting Out 100,000 Loan Applicants

The Nirsal Nirsal Microfinance Bank has debunked claims that it barred Agribusiness/Small and Medium Enterprise Investment Scheme (AGSMEIS) applicants by conspiring with Entrepreneurship Development Institutes to extort money from them.

The claims that 100,000 loan applicants from Anambra State were turned down as “malicious,” according to the NMFB, which noted that the AGSMEIS Loan Scheme has disbursed N101 billion to 26,274 farmers since its inception.

The bank also denied allegations that it colluded with a few Enterprise Development Institutions (EDIs) to extort money from loan applicants in exchange for loan approvals.

Nirsal MicrofinanceBank Warns Loan Applicants On Fake Website

The Nirsal Microfinance Bank has issued a warning to its loans applicants about a bogus website that sends a loan approval congratulatory message to AGSMEIS Loan applicants, requesting money. So, if you’re applying for NMFB loans, make sure you read to the end.

The Nirsal Microfinance Bank has advised loan applicants to ignore any text messages received from this website, which has been sending congratulatory loan approval messages to AGSMEIS applicants and also asking them to pay N3000 for issue resolution.


Nirsal Microfinance Bank Loan

Nirsal Microfinance Bank made it clear on their official Instagram account that the website is not affiliated with NIRSAL Microfinance Bank Ltd, and that they would never ask for money to help you access the AGSMEIS or Covid-19 TCF Loan, thereby encouraging applicants to never pay anyone who tries to collect money from you.

Visit their website


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A post shared by NirsalMFB (@nirsalmfb)

Who Is Eligible for NIRSAL Covid-19 Loan?

There are different types of NIRSAL Covid 19 Loan Households with verifiable evidence of livelihood adversely impacted by COVID-19 Microenterprises: Existing enterprises with verifiable evidence of business activities adversely affected as a result of the COVID-19 pandemic. SMEs CBN / NIRSAL Covid 19 Loan:  Enterprises with bankable plans to take advantage of opportunities arising from the COVID-19 pandemic

What are the Requirements to get Covid-19


Loan Support in Nigeria A Bank Verification Number is required for all applicants (BVN). If you don’t already have a BVN, go to the bank and get one. You’ll need a working email address. We suggest that you sign up for a Gmail account. A Gmail account can be created on a computer or a mobile phone. Simply go to, click “Sign up,” fill out a form, and apply.

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Related Tags: , Nairaland, Nirsal Microfinance Bank Recruitment, , Nirsal Microfinance Bank Loan Repayment


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