CBN disburses N50bn loans via microfinance bank platform

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The Central Bank of Nigeria is disbursing the N50bn COVID-19 credit facility to households and Micro, Small and Medium Enterprises affected by the pandemic through the Integrated National Association

of Microfinance Banks Unified IT Platform deployed by Inlaks for NIRSAL microfinance bank.

It said that the purpose of the bank was to complement the efforts of the CBN towards addressing the needs of Nigerians at the bottom of the pyramid and deepen financial inclusion. It said the platform aimed to enhance financial access, inclusion and sustainability of the microfinance institutions on value chain financing and ensure the growth of the Small and Medium Enterprises.

“NAMBUIT is software as a service platform that reduces operational costs as well as improves the bank’s ability to provide necessary information to agencies such as the CBN and the NDIC. The unified platform comprises a core banking system and sub-systems for agent banking, non-interest banking, and mobile payment among other services.

Source: Loan News Today (loannewstoday.net)

 

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LocusBendi

I filled form but no communication from them. How did they determine the qualified households

I've registered for this but no communication from nirsal microfinance bank. Just mute

Fallacy

Scam

Wen was that

The CBN should be specific on the microfinance bank this fund was given to, so people don't think its all the mfb's in the country.

With just 200 one time payment, you are on a journey or 2m within a short period of time Ask me how Join my WhatsApp group...

Who did they disburse it to?

Buhari borrowing money, CBN is disbursing money

Who and who are qualified to this loans.

Make dem dy go evil people 🚶🏿‍♂️

List of the microfinance banks name should be listed

Yet less privilege can't obtain this loan,..... so sad how we love ourselves. LoanToRich

Audio

How am interested oh

Is it transparent enough?

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