NMFB Start Sending Of Loan Repayment Notice To TCF Beneficiaries

NMFB Start Sending Of Loan Repayment Notice To TCF Beneficiaries

Nirsal Microfinance Bank has started sending loan repayment notices to Targeted Credit Facility Loan beneficiaries whose loans are due for repayment.

The Central Bank of Nigeria (CBN) introduced the nmfb N50 billion Targeted Credit Facility (TCF) as a stimulus package to support households and Micro, Small, and Medium Enterprises (MSMEs) affected by the COVID-19 pandemic.

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The Managing Director of the Nirsal Microfinance Bank, Mr. Abubakar Abdulahi Kure, stated clearly in his recent interview that NMFB is not a national cake, that beneficiaries must make sure to repay their loan.

However, Beneficiaries have started receiving messages from Nirsal Microfinance to repay their loan.

This was disclosed on one of the NMFB Facebook pages by the beneficiary of the Targeted Credit Facility Loan who received the message from NMFB urging him to repay his loan using the USSD code, Internet banking, or visiting one of the branches closest to them.

According to the message:

“Dear USMAN IBRAHIM SHERIFF”

Your repayment account for the CBN/NMFB Targeted Credit Facility (Covid-19 Loan). You can start saving towards, or pay monthly installments from any bank’s USSD, mobile app, and internet banking channel, or kindly visit the nearest NMFB branches in your location.”

For enquiries call 09010026900.”

NMFB Start Sending Of Loan Repayment Notice To TCF Beneficiaries