AGSMEIS CBN Loan 2023/2024 Covid-19|Nirsal|Apply

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AGSMEIS CBN Loan  Covid-19|Nirsal|Apply for CBN AGSMEIS Loan Registration portal

AGSMEIS stands for Agric-Business Small and Medium Enterprises Investment Scheme, its being piloted by the Central Bank Of Nigeria to help mitigate the impact of Covid-19 on small businesses located in Nigeria.

AGSMEIS is simply an intervention loan that comes with almost a free Interest loan that targets households and businesses that has been badly hit by COVID-19 Pandemic..

Cbn Covid-19 loan

Eligibility for AGSMEIS Loan Application 2023/2024

  1. Beneficiaries of AGSMEIS Loan are meant to be Nigerian.
  2. You should own an already existing SME business before attempting to apply for AGSMEIS Loan.
  3. Businesses eligible for this loan should fall in the Agricultural sector, Information and Communication (ICT), Manufacturing sector etc.
  4. Applicant that have completed their training from Entrepreneurship Development Institution (EDI) and they are expected to show or prove that they are member.
  5. Existing business should be registered with the Corporate Affairs Commission or should have a certificate of incorporation.
  6. Another requirement is for applicant to have a BVN number for easy verification by CBN.

How the CBN AGSMEIS Loan Application works

  • Get Trained – identify the nearest CBN certified Entrepreneurship Development Center (EDC), get registered with them, attend their training so as to gain more insight on how to run a successful business.
  • Apply For Loan – apart from learning how to run a business The Entrepreneurship Development Institute (EDI) is there to give you full training on the steps to take so as to get access to the loan.
  • Receive Funds – those who meet all requirements will receive a loan which will be paid into their bank account directly.
  • Get Business Support Services – Getting registered with the The Entrepreneurship Development Institute is a key to getting the loan. Apart from this, Entrepreneurship Development Institute also run other services like teaching you the step to implementing your business plan.
  • Make Sales – you get your business running, identify your target market, make sales.
  • Repay Loan – the loan is not free, IT comes with a 9% interest rate.


Documentation Requirements for AGSMEIS Loan

  • You should get the application form,fill all necessary information..
  • Your business should be registered or incorporated.
  • You need a bank verification number senior civil servant, Village Head,Clergy, Traditional Ruler and District Head,
  • Provide Certificate of Training from any Entrepreneurship Development Institution (EDI) recognised by CBN.

You should get a reference letter from

How do I access the AGSMEIS Loan?

The first step to take is to get registered and trained by CBN-Certified Entrepreneurship Development Institute (EDI). All the process to get your loan will be made open to your by EDI. page.

Why it matters with AGSMEIS Loan

The Covid-19 pandemic is really hitting hard on the Nigerian economy, the impact is so felt on every facet of the economy. The oil sector is the most badly hit, this has plunge Government revenues to an all time low.

The present administration now focuses on diversification of the economy which will create more jobs for those displaced from their jobs and also for those who have been unemployed. If all this is achieved the economy will be on a sustainable path to recovery, there will be increase in income and more revenue for the Government.

75 thoughts on “AGSMEIS CBN Loan 2023/2024 Covid-19|Nirsal|Apply”

    1. Ibrahim Tijjani danyaro

      I have been done my interview on October 2020 but I am not see agsmeis loan disbursement

    2. Iya Alhaji Nuhu

      From iya Alhaji Nuhu I Give me Loan money My account number 3148586788 first Bank. Iya Alhaji nuhu

  1. I did my Training and interview and i have all my document with me i, open macro finance bank account whit them, is getting two years now, i didn’t received eny kobo from them why pls i need to know.

  2. I was interviewed September 2020 but I am yet to receive the loan and thousands of others across the nation what is the problem please?

  3. I have trained and submitted my business plan since october,2020 and yet I have not been invited for interview.What else can I do ? Pls help!

    1. Opeolu Jubril

      I have trained and submitted my business plan since February 2021 and yet I have not been invited for interview.What else can I do ? Pls help!

    1. Aliyu Muhammed Attahiru

      Sir,I hope this AGSmeis loan is real becouse I was told that I will soon get approval first week of this month and I try to receive it. .please what’s wrong so that I would known my faith.thanks for being kindly me

  4. 800000. Cabinl business of my handcrafted construction company limited covid 19 loan please help thanks

  5. Please I need to know whether my application has been approved or not. I did the training at zaria from 16-11-2020 to 20-11-2020 with cert. no RAI/0287/2020.
    Please avail me the infor.

  6. After the covid 19 pandemic my business shakes I need to help me with 500,000,00 to support my business

  7. I completed my application and submitted my business plan in April 2020, I am yet to be invited for an interview nor receive any correspondence. Pls, do the needful. Thanks

  8. Alamunadi Degi

    am Alamunadi degi. i also need the convi19 loan for to forward my school.i need the sum of #300.000.000 to no;08158323344 .you can call me

  9. osuji ambrose ozobia

    i was trained nde imo state, applied through same office and got intervied by nirsal imo state may last year 2020. up till today nothing has been heard. may i kindly ask why

  10. I am worried of this development, I was trained at NDC portharcourt center in October last year.I was told that my application has been submitted but each time I logged into your portal,they replied non existing of my format even my bvn is not known. Again since then no called for interview, nothing. Please help.

  11. Salisu Hussaini

    Iam Salisu Hussaini,kano.l have been done my intevied since last year,but ldint see any thing yet now.

  12. I’m trying to apply the portal but it’s not process, please help us Nigerian people’s are in trouble sir,

    1. Yakubu Ayuba shettima

      Good afternoon sir how is activated .I apply loans form January I, can not sent to me my Apoves please help me thank you!!

  13. I suggest TRANSPORTATION business is key to human existence and sustainable livelihood, please include on the priority for agsmeis loan. thank you

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