BOI/Federal Government MSME Intervention Loan 2024 (N75 Billion Fund)
Unlock new financial opportunities with the Federal Government’s N75 Billion MSME Intervention Program, designed to uplift Micro, Small, and Medium Enterprises (MSMEs) across Nigeria.
This program is here to support MSMEs in reducing production costs, generating employment, boosting agricultural output, and driving economic growth nationwide. Whether you’re an entrepreneur looking to expand or a business owner aiming to increase productivity, this initiative is tailored to fuel your success.
Benefits of BOI MSME Intervention Program
Reduce Production Costs: Lower your operating expenses and increase profitability with our targeted support for MSMEs.
Job Creation: Generate employment opportunities and contribute to a stronger, more resilient economy.
Boost Agricultural Productivity: Invest in your agricultural ventures to maximize the potential of your land and increase food production.
Support Business Growth: Fuel your entrepreneurial dreams with tailored business financing solutions that drive growth and innovation.
Enhance Household Welfare: Improve the quality of life for families across the nation by boosting household income and welfare.
Drive Economic Growth: Make a positive impact on Nigeria’s GDP and overall economic development through your business activities.
Requirements for BOI MSME Intervention Program
Any registered business with Corporate Affairs Commission in Nigeria, this includes Sole Proprietorships, Partnerships, Enterprises and Limited Liability Companies.
Start-ups and existing businesses can apply.
Application Documents
Existing Businesses:
CAC business registration certificate/documents.
Basic book keeping/business records.
Other information as may be requested by BOI.
Start-ups
CAC business registration certificate/documents
Other information as may be requested by BOI.
General requirements:
Four passport photographs of the Chief Promoter/Director and the Guarantor.
BVN and executed Global Standing Instruction (GSI) Mandate of the Chief Promoter/Director and the Guarantor.
Valid means of identification (International Passport, Driver’s License, National Identity Card, or Permanent Voter’s Card) of the Chief Promoter/Director and the Guarantor.
Curriculum Vitae of the Guarantor
External guarantor of the Beneficiary/one director (in case of a limited liability company).
