No, I didn’t. I gave up on the loan, the strictness and modalities are too much, I was only a document away from the disbursement which my lawyer will sign but they will release the funds to your merchant and they will follow up on the collection of all the items.

Kunlexben11:
Have you now been paid. How did it work out, was all the money paid to your merchant, what were the modalities

Yes, I read in the loan offer that you must keep your original nysc and degree certificate with them until you finish repaying .

arcahmad:
Please after documentation how long will it takes before they paid your merchant? Will they collect NYSC and Bsc certificates?

So if they disburse the money to your merchant are they going to be monitoring your business activities? Like visiting your business place time to time?

True, I made a mistake during the application process, still trying to figure out how I can get the money.

Ylink4sure:
I had mentioned this in one of my earlier post that you will not be paid directly.That is why you were asked to upload proforma invoices from your merchants. If you had consulted with folks in the financial sector you would have been guided on how to navigate this so that you can still have cash at hand.

Do not let your efforts be in vain by not proceeding further,you made a strategic mistake at the application phase.

Cheers

Collected the loan offer too, applied for 5m, 3.9m was approved to me, though I wanted Cash but they said they will only pay my merchant, changing my mind about proceeding further

arcahmad:
l applied online, check first page. I was approved last month and l was called to come to BOI office to collect loan offer. The disbursement will be later, l don't know the date yet. I hope this helps

One month

fidkidy:


How long does it take from submission to approval

No, they have to visit site ?

arcahmad:
l am not sure, but soon. have they visited your site?

Mine also got approved, When should we expect disbursement ?

arcahmad:
You should forget about bvn and nysc callup verification. Make sure your enterprenuership certicate, CAC certified true copy (CTC) and your degree certificate are submitted. My application was approve last week without even guarantor and bvn verification.

I did it before I got the approval message

Ylink4sure:
Congrats!

Were you able to verify your BVN before the approval or it has to bearing on it.Kindly respond.

Once again,congrats

Virus99:


Did you submit the guarantor stuff ?

Yes I did

Just received a mail that my loan is approved ��

Whose application status has crossed to appraisal?

KUNZEH:

I got same mail

I got same mail, although I completed the application before the message was sent.

Did anyone know anybody that have his ties Loan application approved? Or they’re yet to start approving?