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CBN AGSMEIS N10m Collateral Free Loan

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.

CLICK TO REGISTER

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.

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Reap Africa Initiative

Promoting Youth Participation in Agriculture

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About Us

REAP AFRICA INITIATIVE is an agricultural-focused Non-Governmental Organization designed to lead an Agricultural Revolution in Africa.The name ‘REAP AFRICA’ stands for Revolution Agro Project, Africa. Our Missionis to stimulate and promote youth participation in agriculture as well as reviving the culture of backyard farming amongst women and households in Africa.

Phone: +234-806-601-9891

Email: info@reapinitiative.org

Website:https:/www.reapinitiative.org

Useful Links
  • CBN AGSMEIS N10m Collateral Free Loan Form
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