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SMEDAN BOA Matching Fund Loan (Get Upto N5m) – Apply Now

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SMEDAN BOA Matching Fund Loan

SMEDAN BOA Matching Fund Loan (Get Upto N5m)

The Bank of Agriculture (BOA) application for its SMEDAN BOA Matching Fund Loan is still ongoing with the aim of supporting the Nigerian government in eradicating poverty and expanding small businesses to standard businesses.

Applications are open for the BOA-SMEDAN Comprehensive Small Business (MSE) Program. only if you have a SMEDAN Unique Identification Number, sign up for SMEDAN get a Unique No., and then apply for a loan.

You may also want to read SMEDAN African Small Business Catalyst Programme ($100,000 MSME Grant) For Nigerians and Other African Countries

SMEDAN is a Nigerian Small and Medium Enterprise Development Agency that primarily aims to support SMEs to grow their businesses by providing them with a favorable environment and business credit.

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Amount Of Loan You Can Access

  • N1.2 million
  • N5 million mainly on business-friendly terms

Benefit Of SMEDAN BOA Matching Fund Loan

  • The Matching Fund initiative is currently ongoing
  • The portal is a promotional intervention meant to deliver credit to the sub-sector, with triple objectives of enhancing enterprise output, competitiveness, and job creation.
  • The disbursing entity under the programme is the Bank of Agriculture Ltd (BOA).
  • Target beneficiaries for this programme are labor-intensive micro or small enterprises (MSEs), operating in the real sector. Businesses that have innovative, value-added products that are establishing a footprint in the Nigerian market and require additional funds to increase output

Important Information

Prospective beneficiaries must be registered with SMEDAN. Hurry now, register for the free ongoing Smedan MSEs Business Loan.

Requirements

  • SMEDAN Unique Identification Number
  • CAC registration number
  • Tax Identification Number (TIN)
  • NAFDAC registration number for its products? (for packaged food products only)
    How To Apply:
    SMEDAN Loan (Bank of Agriculture) Get UP TO N1.2 & N5 Million

You may also want to read Full List of SMEDAN Offices in Nigeria

How to Apply

Applying for a SMEDAN BOA loan registration is done online through the SMEDAN portal www.smedan.gov.ng. Interested applicants should go to the portal and provide the necessary information to access the loan.

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  1. Pingback: GTBank QuickCredit Loan For Small Business (Get Upto N10M) | How To Apply - FlippStack

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