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CBN N50 Billion Loan for Individuals & SMEs

Targeted Credit Facility (TCF) as a stimulus package, to support households and Micro, Small and Medium Enterprises (MSMEs) affected by the COVID-19 pandemic.

 3 Major Objectives of the Facility:

  1. Cushion the adverse effects of COVID-19 on households and MSMEs;
  2. Support households and MSMEs whose economic activities have been significantly disrupted by the COVID-19 pandemic.
  3. Stimulate credit to MSMEs to expand their productive capacity through equipment upgrade, and research and development

CBN Loan for Individuals and SMEs.docx

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