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NIRSAL MFB Loan
NIRSAL Microfinance Bank (NIRSAL MFB) is a CBN-licensed microfinance bank established by the Federal Government to provide affordable credit to farmers, agribusinesses and MSMEs in Nigeria. NIRSAL MFB operates several government-backed loan programmes at below-market interest rates.
Conditions summary
| Loan amount | ₦50,000 – ₦3,000,000 |
|---|---|
| Interest rate (p.a.) | 9.00 % – 15.00 % |
| Repayment term | 6 – 36 months |
| Approval | 2 weeks |
| Type | Online |
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