wait oooo
na how this payroll stuff be now
>>>>>>>
we wey dey 2nd batch
which way ooo

IMABEN:
wait oooo
na how this payroll stuff be now
>>>>>>>
we wey dey 2nd batch
which way ooo

Viking007:
There is currently a 50,000 payment ongoing. We're getting alot of inbounds from customers calling to confirm if it is real. Transaction description reads: SMEDAN.

Una no dey aware at all? They're mostly from the
Osun, kwara and some northern states.

SMEDAN is differences programme from survival fund

Viking007:
There is currently a 50,000 payment ongoing. We're getting alot of inbounds from customers calling to confirm if it is real. Transaction description reads: SMEDAN.

Una no dey aware at all? They're mostly from the
Osun, kwara and some northern states.

Tell us more!! How do we benefit?

AMI3:
Whatsap me 08154933420

alright sir

Geekop:

You can only do that under payroll support. It's closed now.

chucks thank u sir but no other palliative or funding site available on??

Jegiosowor:
Omo is it only one person that has received call here?
Was expecting to see others too, abi because it's weekend?
How them go call person within 1 week of registration still dey baffle me sha.

E no clear me o

E be like some States dn the complete o, inside 2 days

Aframs:

What updates?? Second batch may be a scam

wait for payment soon

Mayor21:
E be like some States dn the complete o, inside 2 days

which state please

Mayor21:
E be like some States dn the complete o, inside 2 days

this is seriously serious

Mayor21:
E be like some States dn the complete o, inside 2 days

Hehehehe � �, na all these North dem. Dem Sabi dis kind biz pass south.

profdotcom:
which state please

I no know o
Just saw it online...don't know if it's real

egbeocha:



Hehehehe � �, na all these North dem. Dem Sabi dis kind biz pass south.

I swear
Na one aboki post am

Please I've been approved for this CBN covid-19 loan through Nirsal MFB yesterday but so scared to fill my details and collect the loan.. Is there any implications if I default? . I also need to understand the interest rate because it was confusing when I checked last year. I'm always scared of getting a loan to start a new business. Please help a friend.

Mekzmoney:
Please I've been approved for this CBN covid-19 loan through Nirsal MFB yesterday but so scared to fill my details and collect the loan.. Is there any implications if I default? . I also need to understand the interest rate because it was confusing when I checked last year. I'm always scared of getting a loan to start a new business. Please help a friend.

To boost your repayment confidence level, your business should be already running or tested that there is no doubt it will service the loan after the given moratorium period.

Please never use a loan to do try and error. Use your personal contribution to do that.

If you are a new business and very confident that the business will bring in the planned revenue, go for it but beware of spendings that has no documentation or records filed for future purposes.

You shouldn’t be thinking of defaulting as it slaps hard when your creditors really want to pursue it legally. They will sap the life at of you and you can be prosecuted too. Besides you will be lowering the chances of the next person that suppose to benefit from the loan after you have might serviced yours.

The repayment will be agreed upon depending on your business. It can be on weekly, monthly or quarterly repayment.

Never start a non-tested business with a loan, please never. If the business fails, it won’t be able to service the loan amount.

Mekzmoney:
Please I've been approved for this CBN covid-19 loan through Nirsal MFB yesterday but so scared to fill my details and collect the loan.. Is there any implications if I default? . I also need to understand the interest rate because it was confusing when I checked last year. I'm always scared of getting a loan to start a new business. Please help a friend.

Just like the person above, said; never use a loan to run a business you are not sure of, a business that's not profit inclined. Loans are meant to be paid back. Therefore, accurate plans must have been laid down for paying back. Make sure you've vetted the business idea (if it's a new one), and made possible plans for the WHAT IFS, so you can be on a safe side.
Feeling doubtful isn't bad, but acting in doubts in dangerous. Everyone always feel that cold feet when about to take a huge step forward or something risky. Let the confidence in the produce od the business idea propel you to go for it.
I hope this helps too.

Godiswise:


To boost your repayment confidence level, your business should be already running or tested that there is no doubt it will service the loan after the given moratorium period.

Please never use a loan to do try and error. Use your personal contribution to do that.

If you are a new business and very confident that the business will bring in the planned revenue, go for it but beware of spendings that has no documentation or records filed for future purposes.

You shouldn’t be thinking of defaulting as it slaps hard when your creditors really want to pursue it legally. They will sap the life at of you and you can be prosecuted too. Besides you will be lowering the chances of the next person that suppose to benefit from the loan after you have might serviced yours.

The repayment will be agreed upon depending on your business. It can be on weekly, monthly or quarterly repayment.

Never start a non-tested business with a loan, please never. If the business fails, it won’t be able to service the loan amount.

He is asking of Federal Government intervention fund, specifically for Covid 19 loan for youth interventions programme which has different policy from General loan. You are given him General loan information.

@OP, what's the terms of repayment . Repayment period and interest rate? And amount given, I heard about it but I'm scared of applying some people thought the money is free, read the policy properly before applying because you must repay back even if is coming from federal government of Nigeria

HRprof:


He is asking of Federal Government intervention fund, specifically for Covid 19 loan for youth interventions programme which has different policy from General loan. You are given him General loan information.

@OP, what's the terms of repayment . Repayment period and interest rate? And amount given, I heard about it but I'm scared of applying some people thought the money is free, read the policy properly before applying because you must repay back even if is coming from federal government of Nigeria

Yes I only gave out information To address the fear. And like you said it’s not a free money. LOAN is a serious one and you have to be meticulous with the agreements reached.

Like I said repayment plan will depend on the type of business and agreement reached with the bank.
And the agreement will be within this framework as stipulated by CBN for Covid 19 loan for youth interventions programme.

Tenor Maximum of 5 years depending on the nature of the business and the assets acquired.

Moratorium of up to 1 year may be allowed depending on the nature of the business and the assets acquired.

Interest rate under the intervention shall be at not more than 5% per annum (all inclusive).

Repayment calculation will be based on these framework.
then an amount will be approved for the business. All these information will depict the repayment plan.

The moratorium for someone in fishery, is different from someone in the food processing business.

For the Covid fund. One thing you must know is that even though it’s coming federal government and no collateral is needed, the CBN has handed it over to an intermediary bank to handle the loan for them, so the bank will do all things to make sure that you pay back that loan. I have a lot of colleagues who had gotten the funding and their work lifestyle has even changed in matter of weeks to make sure their business is viable and remain realistic to service the repayments.

Please guys I have a friend who want to register with a CAC his father registered 8 years ago. The guy is the next of kin the father used. Can he do the registration using his details with the CAC?

Drclassic:
Please guys I have a friend who want to register with a CAC his father registered 8 years ago. The guy is the next of kin the father used. Can he do the registration using his details with the CAC?

Yes

Below is the interest rates. It's for 3 years but to pay certain amount per annum.. Not quite clear to me though

HRprof:


He is asking of Federal Government intervention fund, specifically for Covid 19 loan for youth interventions programme which has different policy from General loan. You are given him General loan information.

@OP, what's the terms of repayment . Repayment period and interest rate? And amount given, I heard about it but I'm scared of applying some people thought the money is free, read the policy properly before applying because you must repay back even if is coming from federal government of Nigeria

Thanks so much for your contribution.. Getting a loan for a new business is risky like you said.

Godiswise:


To boost your repayment confidence level, your business should be already running or tested that there is no doubt it will service the loan after the given moratorium period.

Please never use a loan to do try and error. Use your personal contribution to do that.

If you are a new business and very confident that the business will bring in the planned revenue, go for it but beware of spendings that has no documentation or records filed for future purposes.

You shouldn’t be thinking of defaulting as it slaps hard when your creditors really want to pursue it legally. They will sap the life at of you and you can be prosecuted too. Besides you will be lowering the chances of the next person that suppose to benefit from the loan after you have might serviced yours.

The repayment will be agreed upon depending on your business. It can be on weekly, monthly or quarterly repayment.

Never start a non-tested business with a loan, please never. If the business fails, it won’t be able to service the loan amount.

I'm not really sure of the business though. It means that I should not proceed then. Thanks

Shawl001:


Just like the person above, said; never use a loan to run a business you are not sure of, a business that's not profit inclined. Loans are meant to be paid back. Therefore, accurate plans must have been laid down for paying back. Make sure you've vetted the business idea (if it's a new one), and made possible plans for the WHAT IFS, so you can be on a safe side.
Feeling doubtful isn't bad, but acting in doubts in dangerous. Everyone always feel that cold feet when about to take a huge step forward or something risky. Let the confidence in the produce od the business idea propel you to go for it.
I hope this helps too.

The quota for lagos grant has been exhausted...I tried it today

Mekzmoney:
I'm not really sure of the business though. It means that I should not proceed then. Thanks

Did you have a registered busines or you just apply without CAC?
However lot of peopke apply for this loan without proper plan just because the government announce the programme if no plan for business do not continue

shegzyzee:
The quota for lagos grant has been exhausted...I tried it today

Omo
And u can't chose another state

I like the way it's done, if your State is exhausted you can't apply anymore which means anyone who is successfully verified will be paid.
I like the pattern.

Please someone who has done his or her application in the recently open Guaranteed Offtake Scheme Programme should kindly help me out. I have done all the necessary registration including my cac and account registration. I got stuck at the last stage which is the product application. I upload picture of face mask I intend to supply but it keeps poping up "Invalid NAFDAC Key". PLS what can i do to solve this because there is no provision for NAFDAC details for face mask production.

Wahala
Even Face mask need NAFDAC number
At the end of the day, they might end up extending that GOS scheme.