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Stats: 37,590 Members, 84,946 Topics, 16,577 Comments. Date: Mar 6 2021, 1:44 pm

Sani Ibrahim
Abubakar Tafawa Balewa,University
Agricultural economics and extension
100Level, Nigeria.
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As part of the government’s efforts to help individual and
organizational business owners cope with the economic loss
caused by the coronavirus pandemic on their businesses
and the Nigerian economy by extension, the president
Buhari administration launched various grants and loan
schemes which are available to business owners depending
on the Grant or loan and the type of business one is into.
Doubtably the most popular is the Small, And Medium
Enterprise Development Agency Of Nigeria (SMEDAN)’s
loan/Grant scheme made available to business owners
operating on the small and medium scale enterprises in
Loans and grants of up to about 5 million Naira could be
attained via this program, duration and interest rates depend
on how much is borrowed and could be as low as 3%
interest rate per annum.
To apply for this loan/Grant, one must have registered with
the local SMEDAN office in his/her state; after which one
would be provided with a SMEDAN registration number.
(E.g, SUIN 2167......).
Upon successful registration, a certificate of registration
would be sent to the provided email address. Print out and
Vosit the nearest SMEDAN office to you, ask for the Grant/
loan form, fill and submit, wait for possible alert..
For further questions and or inquiries, drop them in the
comments section below....
To locate a SMEDAN office close to you, comment the
state you stay at and wait for possible feedback....
Follow for more updates..

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