Access up to 10 million naira collateral free loans for funding your business or business idea through the CBN/NIRSAL AGSMEIS LOAN SCHEME by the federal Government of Nigeria.
HOW TO APPLY FOR THE AGSMEIS LOAN
•Interested applicants must undergo a compulsory training by an Entrepreneurship Development Institute (EDI).
•This is where we come in at REAP AFRICA INITIATIVE, whether you are an experienced entrepreneur or just a beginner, our 5 days intensive training
on Entrepreneurship development will leave you yearning for more.
•Our facilitators are carefully selected accomplished professionals in their respective areas and delivers only on excellence.
STEP 2: APPLY FOR THE LOAN AND UPLOAD A BUSINESS PLAN.
•The second step in the process flow after the training is for the applicant to apply for the loan through the EDI by completing the loan application form.
•REAP AFRICA INITIATIVE will now forward all applications to NIRSAL microfinance bank.
•Applicants will be expected to prepare and submit an online business plan. The business plan will convince the bank that your business is feasible and can pay back the money you are requesting for.
STEP 3: RECEIVE FUNDS.
•After the business plan has been submitted, applicants will then be called for interview regarding their businesses.
•This will be after all the documentation processes have been completed.
STEP 4: GET BUSINESS SUPPORT SERVICES
The Entrepreneurship Development Institute (EDI) will assist you to implement the business plan drawn and also provide business support services commercially
STEP 5: MAKE SALES
You sell your products and services to pay back loans and make profit, beneficiaries are expected to run the business by keeping proper records, monitor sales, and expenses to maximize profit and pay back the loan
STEP 6; REPAY LOAN
•Run your business, keep proper records, monitor sales and expenses to maximize profit and pay back the loan.
Reap Africa Initiative is an accredited Enterprise Development Institution licensed to carry out Training and Certification for just N10,000 to qualify you for the loan. To join up for our online orientation class and training, use the link below and let’s make your dreams come true.