Presidential Palliative Loan 2023/2024 – https://loan.fedgrantandloan.gov.ng/

December 11, 2023 Spark Gist Loans/Grants 0

Presidential Palliative Loan 2023/2024 – https://loan.fedgrantandloan.gov.ng – Applications are invited from all interested candidates. See below for all you need to know; the requirements, application closing date, and how to apply.

Presidential Palliative Loan – https://loan.fedgrantandloan.gov.ng/. The Federal Government of Nigeria is delighted to announce the kickoff of the Presidential Conditional Loan Scheme to Businesses in Nigeria (including Nano businesses) as part of the Presidential Palliative Program.

A Game-changer in Economic Empowerment. Revolutionizing financial support.

The Presidential Palliative Loan Scheme

Key Features

  • Transparent and Efficient: We prioritise transparency and efficiency, ensuring that funds are disbursed swiftly to deserving businesses.
  • Digital Transformation: The platform leverages cutting-edge technology to make the entire process accessible through smartphones and computers, allowing SMEs to apply from anywhere.
  • Financial Literacy: We understand the importance of financial education. Therefore, our platform provides resources and training to empower SMEs with the knowledge to manage their funds effectively.

The Target Sectors for the Scheme

Below are the business that are eligible to apply for the palliative loan:

  • Traders: These include single retail marketers, corner shop owners, petty traders, market men and women in open markets
  • Food Services: These include food and vegetable Vendors
  • ICT: These include business centre operators, battery chargers, recharge card vendors, call centre agents
  • Transportation: These include wheelbarrow pushers, independent dispatch riders
  • Creatives: These include makeup artists, fashion designers, dry-cleaners.
  • Artisans: These include vulcanizers, shoemakers, painters, repairers.

You can also apply for;

How to Apply

Apply for the loan through the provided website https://loan.fedgrantandloan.gov.ng/ while disbursement will be done by your bank if you meet the eligibility criteria.

Application Closing Date

Not specified!