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APPLY NOW – Bank of Industry/Dangote Loan to Graduates and Non Graduates 2018

Africa’s richest man Aliko Dangote recently partnered with the Nigeria’s Bank of Industry (BOI) to set up a N5 billion small and medium scale enterprises fund to grant NO INTEREST loans to entrepreneurs and small businesses in Nigeria.

According to the Nigerian industrialist, “the funds are expected to impact directly on up to 13,000 registered groups in the country. Each group shall have an average of 20 entrepreneurs, thus impacting the lives of up to 250,000 micro-entrepreneurs through job creation, spreading across all six geopolitical zones in Nigeria.”

The loan is affordable at no interest.

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BOI/Dangote Foundation  

The Dangote Foundation/BOI Fund is a N5bn matching fund, which could be accessed by Graduates and Non Graduates engaged in the Manufacturing, Agro-Processing and Merchandising sectors for made in Nigeria goods, with single obligor limit of N50 Million with no interest rate.

IMPORTANT INFORMATION FOR LOAN APPLICATION

  • Business must be situated in Nigeria
  • Must have a Valid means of Identification
  • Must be aged 18-60years
  • Must be a hardworking Nigerian

NOTE: Application is free of charge. DO NOT GIVE ANYBODY MONEY, JUST APPLY

 APPLICATION PROCEDURES (ADHERE STRICTLY)

  • No multiple application is required.
  • All application must be online on this platform.
  • Start Loan Application online using the Application provided on this page.

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