2023/2024 CBN AGSMEIS Loan Investment Scheme – Apply Here

2023/2024 CBN AGSMEIS Loan Investment Scheme – Apply Here

2023/2024 CBN AGSMEIS Loan Investment Scheme – Authoritatively, the Central Bank of Nigeria (CBN) Agri-Business/Small and Medium Enterprise Investment (AGSMEIS) scheme is open and available to all interested and qualified applicants see more as you read on.

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To apply successfully, all necessities needed for this scheme are all contained here below.

Briefly about the AGSMEIS

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

Eligibility

  • Get trained by first selecting a CBN-Certified Entrepreneurship Development Institute (EDI) to guide you through the loan application process and ensure that all your documents are complete.

Eligible Field(s)

Functional Training Areas for Entrepreneurship Development Centers Under AGSMEIS include;

  1. Agriculture & Agro-allied processing
    2. Art & Entertainment
    3. Automobile Services
    4. Fashion and Dressmaking
    5. Catering & Event Management
    6. Courier & Delivery Services
    7. Creative Industry
    8. Apparels and Textiles
    9. I.C.T 10. Cottage Industry
    11. Media
    12. Publishing
    13. Telecommunications
    14. Hospitality
    15. Health Services
    16. Welding & Fabrication
    17. Animal Husbandry
    18. Cosmetics, Beauty and Makeup Artistry
    19. Electrical and Electronics
    20. POP and Tiling
    21. Carpentry

How Does It Work

  • Step 1: Get Trained
    Attend a compulsory training with a CBN certified Entrepreneurship Development Center (EDC).
  • Step 2: Apply For Loan
    The Entrepreneurship Development Institute (EDI) guides and assists you in getting all necessary documents required to secure the loan
  • Step 3: Receive Funds
    Loans are paid into the account of beneficiaries. Unqualified candidates are given feedback.
  • Step 4: Get Business Support Services
    The Entrepreneurship Development Institute assists you to implement a business plan and provide business support services commercially.
  • Step 5: Make Sales
    Sell products and services to pay back loan and make profit.
  • Step 6: Repay Loan
    Run your business, keep proper records, monitor sales and expenses to maximize profit and pay back the loan.

Application Method.

To apply: Click Here To Apply

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