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Ebonyi State MSME Support Fund
Ebonyi State Government seeks to expand on its drive to support the growth and development of businesses in the State and intends to make commercially viable financial injections in form of loans to MSMEs in targeted sectors of its economy, prioritizing agribusiness amongst others. The State government has concluded arrangements to actualize this objective using the various funds available to the State to pilot single digit interest loans to deserving beneficiaries. This fund is also designed to serve as an economic recovery tool for Ebonyi State, in view of the economic impact of the COVID-19 pandemic on MSMEs in the State.
Targeted beneficiaries
Eligible MSME Enterprises
Agric Value Chain
The production and delivery of inputs, products and services of agricultural enterprises from the producers to the final consumers.
Cottage Industries
These are clusters of non-agro manufacturers and miners in a specific geo-location
Trading and Commerce
These are clusters of non-agro manufacturers and miners in a specific geo-location
Get to Know About
Flexible and Quick MSME Loans
The loan amount to beneficiaries depends on the type of enterprise subject to enterprise category. The maximum obligor limit per borrower is N10million.
Very Low Rates on All Loans
99.9% Success Rate Guarantee
Flexible with Your Repayments
Loan Tenor
Most of the People Trust on Us
The tenor on the enterprise type and category due to variations in enterprise gestation, business operating and cash conversion cycles.The loan tenor is a minimum of three (3) months and maximum of forty-eight (48) months as may be agreed between DMB and borrower.
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The moratorium depends on the enterprise type due to variations in enterprise gestation
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Insurance cover is mandatory for all loan facilities under the EBS MSMESF.
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The borrower shall provide the DMB with acceptable collateral
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We Approve Loans
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Daily Payments
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Happy Customers
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Customers Testimonials
Customers Testimonials
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Vernon Ray
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Gary Dawson
Analytics
MSME Business Plan
Our Benfits
Why Choose Us?
Ebonyi State Government seeks to expand on its drive to support the growth and development of businesses in the State
Loan repayment shall be according to the repayment plan as contained in the business plan submitted and accepted by the DMB. Loan repayment plan shall be structured in line with the enterprise business operating cycle to avoid cash flows mismatch that may affect loan repayment.
