Bank of Agriculture (BOA) SMEDAN Matching Fund Programme (MSEs Loan) – Application Form Portal
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) and the Bank of Agriculture (BOA), desirous of building synergy in key areas of their respective mandate, have jointly scheduled an intervention Matching Fund Programme to boost the output of micro and small enterprises (MSEs) across the country.
Applications are therefore now open for the BOA-SMEDAN Matching Fund Programme for Micro and Small Enterprises (MSEs).
Things You Should Know About BOA – SMEDAN Matching Fund Programme (MSEs 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 jobs creation.
- The disbursing entity under the programme is the Bank of Agriculture Ltd (BOA).
- Target beneficiaries for this programme are labour-intensive micro or small enterprises (MSEs), operating in the real sector. Businesses which have innovative, value-added products that are establishing a footprint in the Nigerian market and require additional funds to increase output
Businesses may apply for loans within the range of N1.2 million to N5 million on business-friendly terms. The latter includes a waiver of collateral.
How To Apply For The Bank of Agriculture (BOA) SMEDAN Matching Fund Programme (MSEs Loan)
Interested Applicants from all suitably qualified MSEs located in the Federal Capital Territory (FCT), Kaduna and Oyo states are advised to apply for the programme.
Prospective beneficiaries must be registered with SMEDAN. Hurry now, register for the free ongoing Smedan MSEs Business Loan.
Please do well to notify us for more latest and updated information about Bank of Agriculture (BOA) SMEDAN Matching Fund Programme (MSEs Loan), kindly feel free to ask any question in the comment box below. You can also provide us your phone number or email Address for more updates.