The management of Nirsal Micro Finance Bank (NMFB) in a new update started that their attention has been drawn to issues related to the AGSMEIS loan and its entire process.
In this regard, management wishes to reiterate to members of the public that ‘application for the AGSMEIS loan is individual-based, whilst training which cost Ten Thousand Naira Only (N10,000.00) is carried out only by accredited Entrepreneurial Development institutions EDIs. The business plan can also be automatically generated on the NMFB AGSMEIS Application Portal at a subsidized rate of N5,000 naira.
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The loan assessment process, which is compulsory for all applicants, is now fully automated and free as such, the bank frowns at any form of solicitation from members of staff to prospective beneficiaries as it contravenes the NMF policy and core values.
So if have you experienced or observed any unethical or unprofessional conduct on the part of any of NMFB staff? Please report any observed anomalies or form of solicitation via [email protected] or call 07041800003 or 094621730.
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