For those asking for the requirements of the Presidential Loans and Grants Scheme for MSMEs through BOI.
1. CAC Certificate(must be an enterprise)
2. Valid means of ID
3. Current utility bill(not more than 3 months)
4. One(1) passport photograph
5. One(1) Guarantor(not below level 8), A business person whose net worth is at least twice your loan amount can also stand for you.
6. CV
7. The loan is not more than N5m with a 9% interest rate and a six(6) months moratorium to be paid back within 3yrs.
Interested and qualified persons should click the link below to apply.
All the best👍
ALSO READ: Presidential Grants and Loans Scheme: Cross River State Set to Benefit from 200 billion Fund
Sign:
Esse, Precious
DG, Bassey Akiba Foundation.
