Are you in search of the ongoing CBN AGSMEIS Registration Form? Do you need a loan to start up your business as an SME? The CBN has just launched the Central Bank of Nigeria’s (CBN) Agri-Business/Small and Medium Enterprise Investment Scheme for young Nigerians.
This article will offer you a guide on ways you can start applying for this CBN AGSMEIS Registration Form. All you need to do is read this article, and use the link on this article to apply online.
The Agri-Business/Small and Medium Enterprise Investment Scheme (AGSMEIS) is an initiative to support the Federal Government’s efforts and policy measures for the promotion of agricultural businesses and small/medium enterprises (SMEs) as vehicles for sustainable economic development and employment generation.
Requirements for CBN AGSMEIS Registration Form
Get trained by first choosing a CBN-Certified Entrepreneurship Development Institute (EDI) to assist you through the loan application process & make sure all your documents are complete. Functional Training Areas for Entrepreneurship Development based under AGSMEIS include:
- Agriculture & Agro-allied processing
- Art & Entertainment
- Automobile Services
- Fashion and Dressmaking
- Catering & Event Management
- Courier & Delivery Services
- Creative Industry
- Apparels and Textiles
- I.C.T 10. Cottage Industry
- Health Services
- Welding & Fabrication
- Animal Husbandry
- Cosmetics, Beauty and Makeup Artistry
- Electrical and Electronics
- POP and Tiling
How Does CBN Agri-Business/Small and Medium Enterprise Investment Scheme 2022 Work?
Get Trained: Attend compulsory training with a CBN-certified Entrepreneurship Development Center (EDC).
Apply For Loan: The Entrepreneurship Development Institute (EDI) guides and assists you in getting all the necessary documents required to secure the loan
Receive Funds: Loans are paid into the account of beneficiaries. Unqualified candidates are given feedback.
Get Business Support Services: The Entrepreneurship Development Institute assists you to implement business plans and provide business support services commercially.
Make Sales: Sell products and services to pay back the loan and make a profit.
Repay Loan: Run your business, keep proper records, monitor sales, and expenses to maximize profit, and pay back the loan. For further information, Click Here to visit the CBN AGSMEIS Registration Form portal.
How to Register & Apply for CBN AGSMEIS as an Applicant
To register for CBN AGSMEIS, simply follow these procedures in the following outline below:
- Follow this LINK to access the CBN AGSMEIS registration portal
- Enter your surname, first name, BVN, and Date of Birth
- And then, click on the Proceed button below
Once you’re done registering an account, proceed to finish up the loan application process on the portal. What if you’re an EDI, and you wish to register an account, see the following procedures in the next section below, and apply for the loan as an EDI on the platform.
How to Register & Apply for CBN AGSMEIS as an EDI
To apply as an EDI on the CBN AGSMEIS registration portal, consider the following steps below: To also apply, you’ll need to pass through the following processes on the CBN AGSMEIS registration portal for an EDI:
- BVN Verification
- User Registration
- Contact Information
- Document Upload
- Other Information
With all these processes completed, you’re be registered as an EDI on the CBN AGSMEIS portal, and then proceed to apply for a loan on the platform. The registration procedures between an EDI and an Applicant look almost similar while applying, however, the loan application approach differs.
Once you have an account on the portal, you’re free to access your account anytime at your own convenience, but how do you access your account on the CBN AGSMEIS portal, consider the following procedures to apply.
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How to Sign In to your CBN AGSMEIS Portal Account
To access your account on the CBN AGSMEIS portal, apply the procedures below:
- Visit the account login portal for the CBN AGSMEIS via this LINK
- Enter your Email & Password
- And finally, confirm & click on the Sign In button below to access your CBN AGSMEIS account
With your account accessed, you can easily track your loans, and all activities going on the portal, and also gain access to the agency updates, and other loan application options on the platform.
Frequently Asked Questions about CBN AGSMEIS Registration Form
How do I access the loan on the CBN AGSMEIS portal?
Interested applicants are to visit https://agsmeisapp.nmfb.com.ng/onboarding and create an account which will enable them to start the application process, or visit any of the NMFB Certified EDIs for assistance through the steps.
You can also leave a comment below vouching for assistance through the loan application process, to which you’ll get a response via your email.
What is the interest rate for the CBN AGSMEIS loan?
The interest rate is currently at five percent (5%) yearly.
Do I need collateral for the CBN AGSMEIS loan?
No! you do not need any collateral for the loan, because the loan scheme does not require or demand collateral from the applicants. Also, currently, the disbursement of over N95 Billion has started, and it’s still ongoing.
For further updates about the CBN AGSMEIS Loan or registration form, feel free to visit this page often on Start Easy Crypto, and don’t forget to share or leave a comment below.
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