Business & Loans

Latest News On Nirsal Microfinance Bank Loans For Today 22nd January 2022

Published

3 years ago

January 22, 2022

Latest News On Nirsal Microfinance Bank Loans For Today 22nd January 2022

Welcome to Flippstack, we have compiled all the latest happenings on the Nirsal Microfinance Bank Loans which we will be sharing with you in this article, so make sure you read until the end.

Below is the latest news On Nirsal Microfinance Bank Loans For Today Saturday 22nnd January 2022.

1. NIRSAL Microfinance Bank Disburses Tractors To AGSMEIS Beneficiaries

The Senior Management of NIRSAL Microfinance Bank has disbursed tractors to AGSMEIS Beneficiaries at the flagging off at Spring Field Agro factory, the owners of Mahindra tractors in Kaduna.

This was made known by NMFB through their official Twitter account, where they disclosed the images of the tractors and its top officials handing over the tractors to the beneficiaries.

According to NIRSAL MFB:

“Senior Management Staff of NIRSAL Microfinance Bank at the flagging off and handing over of tractors to AGSMEIS beneficiaries at Spring Field Agro factory, the owners of Mahindra tractors in Kaduna.

#nmfbcares”

2. Monetary Policy Committee Urges CBN To Continue TCF Loan

The Monetary Policy Committee (MPC) has in its last meeting in Abuja urged the Central Bank of Nigeria to continue its support to Nigerians through the COVID19 Targeted Credit Facility Loan, to ensure that more people benefit from the programme.

The Managing Director/ Chief Executive Officer of NIRSAL Microfinance Bank, Mr. Abubakar Abdullahi Kure, disclosed the new development while speaking on Awards received by the bank for its excellent services to Nigerians.

The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele said the Committee was impressed with the Targeted Credit Facility (TCF) “for its contribution to alleviating poverty at the grassroots”, Kure emphasized.

Individuals and families whose breadwinners lost their jobs as a result of the Coronavirus (COVID-19) pandemic in 2020 were among the recipients of the Household Loan under the COVID19 TCF.

3. 20,000 APSAN Members Benefit From CBN Loan Intervention – NMFB

Nirsal Microfinance Bank has stated that no fewer than 20,000 members of the Agricultural Produce Sellers Association of Nigeria (APSAN ) across Nigeria have benefited from the Central Bank of Nigeria (CBN) loan intervention scheme in the agricultural sector.

This is part of the 503.3 billion naira loan already disbursed to farmers by NIRSAL Micro Finance Bank.

The loan scheme which cut across, Anchor Borrowers Programme (ABP), Targeted Credit Facility (TCF), Agricbusiness Small and Medium Enterprise Investment Scheme (AGSMEIS), Non-Interest Target Credit Facility, and Nigeria Youth Investment Found (NYIF) was designed by the federal government in collaboration with NIRSAL to drive the diversification policy and mitigate the impact of covid-19 on the agric sector.

Speaking to journalists in Abuja yesterday, APSAN national president, Comrade Aloys Akortsaha tasked the beneficiaries to make judicious use of the fund to address their financial challenges.

That’s all for the latest news on Nirsal Microfinance Bank Loans for today, make sure to share this with your friends and loved ones that applied for any of the NMFB Loans to keep them informed about the new happenings.

Latest News On Nirsal Microfinance Bank Loans For Today 22nd January 2022