FGN/BOI MSME Intervention Loan
- Country:
- Nigeria
- Amount:
- Amount not specified
- Deadline:
- Open all year
Funder: Federal Government of Nigeria
In short
Single-digit federal MSME loans (reported at 9%) processed through the Bank of Industry portal.
About this opportunity
The FGN/BOI MSME Intervention Loan is a federal programme that channels single-digit loans to micro, small and medium businesses through the Bank of Industry. Officials have described a fixed 9% rate with no hidden charges, and reported amounts range from about ₦1 million to ₦5 million depending on the state and the round. Applicants apply on the BOI application portal by selecting I'm Interested, and successful applicants are verified by the bank before approval. Several applicants have complained publicly about long delays between approval and disbursement, so plan for uncertainty. This listing is built from news reports, so confirm the current amounts, rate and eligibility on the BOI portal before you apply, and never pay anyone to speed up an application.
Requirements
Nigerian micro, small or medium business
Application submitted through the official BOI portal
Business verification by the Bank of Industry
Also good to have
- Complete business records to speed up verification
Always confirm on the official page before applying.
How to apply
- 1
Open the BOI website
Find the application portal for the FGN/BOI MSME Intervention Loan and confirm the current terms.
Open step link - 2
Select I'm Interested
Begin the online application on the portal.
- 3
Complete verification
The bank verifies applicant data and may visit the business before approval.
Documents you will need
- CAC certificate
- Bank statements
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