Banks Where You Can Apply For Creative Industry Financing Initiative Loan

Loan application process infomedia nigeeria

You’ve heard about CBN’s CIFI loan and wondering how to access it? We’ve compiled here the Nigerians banks where you can easily submit your application to access the loan. Purpose of the loan It is an on-lending scheme designed by Nigeria’s apex bank in collaboration with the Bankers’ Committee. It’s designed to boost job creation … Read more

4 Types of Loans for Women in Nigeria: Check Eligibility Requirements And Application Process

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Do you know that there are loans that are specifically designed for women in Nigeria to build, expand, and grow their businesses? In this post, we’ll share with you funding opportunities for female business owners in Nigeria. If you want to stabilise the home, empower a woman, boost her business, support her financially in her entrepreneurial … Read more

7 Questions To Ask Yourself Before Taking a Business Loan

Loan application process infomedia nigeeria

At a point in your entrepreneurial journey, you may need to approach financial institutions and other money lending firms. Key takeaways: You could take a loan to buy cars, sponsor your kids’ education, buy houses, and expand your business. Whatever your reasons are, what are the things to consider before taking a business loan? Do … Read more

2 Major Types of Loans in Nigeria

Loan application process infomedia nigeeria

You’ve heard about the soft and collateral-free loan, SME, housing, car, and all kinds of funding for personal and corporate use? Usually, all kinds of funding fall into two major types of loans. Whether the funding is from the government, non-governmental organisation, or from a financial institution, they could be categorised as: Secured loan Unsecured … Read more

How to get Pngme e-float loan as mobile money agent (in Africa)

Loan application process infomedia nigeeria

Here is another opportunity to get Pngme e-float loan if you are a mobile money agent in Nigeria, Ghana, and Kenya. If you’re a Mobile Money Agent you qualify for this wonderful opportunity to expand your business in your community and partner with an international organisation. You may want to ask… What is e-float loan? Investopedia … Read more

3 Challenges Facing TraderMoni Loan Repayment

Challenges Facing TraderMoni Loan Repayment

The interest-free loan of the Federal Government TraderMoni is a wonderful initiative, but beneficiaries who received the first loan of N10, 000 in 2018 are facing challenges in paying back the loan. From the way TraderMoni is structured, a trader must have repaid the initial N10,000 loan to be eligible for the next round. In other words, … Read more