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