The Bank of Industry Limited is one of the oldest, largest and most successful Development Finance Institution in Nigeria. Its vision is to be the leading Development Finance Institution operating under global best practices in Africa. The transformation of Nigeria’s industrial sector by providing business and financial support services to enterprises is its major mission.
FGN SPECIAL INTERVENTION FUND FOR MSMEs (National Enterprise Development Programme)
The Federal Government of Nigeria is providing subsidized loans to Micro, Small and Medium Enterprises (MSME) at single digit (9% per annum) all inclusive interest rate. This Fund will also cater for applications received from SMEDAN under the National Enterprise Development Programme (NEDEP) Scheme. The aim of this Fund is to stimulate economic activity in the SME sub-sector which are the major drivers of industrialization,wealth and job creation. The Fund can only be assessed by duly registered Limited Liability Companies, Enterprises and Cooperatives in Nigeria.
To apply please click on the link below