NIRSAL Loan Application Portal –

Last Updated on January 9, 2023

The information on this page covers the NIRSAL Loan Application Portal. If you are looking for how to apply for a NIRSAL loan, this guide is for you.

NIRSAL Loan Application Portal

The Central Bank of Nigeria (CBN) introduces a stimulus package to support households and Micro, Small, and Medium Enterprises (MSMEs) affected by the COVID-19 pandemic.

The Coronavirus Disease (COVID-19) pandemic has led to unprecedented disruptions to global supply chains, a sharp drop in global crude oil prices, turmoil in global stock and financial markets, massive cancellation of sporting and entertainment events, the lockdown of large swaths movements of persons in many countries, and intercontinental travel bans/restrictions across critical air routes across the world.

These outcomes have had severe consequences on households’ livelihoods and business activities, resulting from a drop in global demand, declining consumer confidence, and a slowdown in production.

In this respect, the Central Bank of Nigeria (CBN) introduced the N50 billion Targeted Credit Facility (TCF) as a stimulus package to support households and Micro, Small, and Medium Enterprises (MSMEs) affected by the COVID-19 pandemic.

NMFB Loan Products


Non-Interest Targeted Credit Facility stimulus package for Households and SMEs (TCF-NI), Agri-Business, Small and Medium Enterprise Investment Scheme (AGSMEIS-NI), a CBN Intervention Fund for Agri-Businesses.


NIRSAL MFB customers that are traders (Products: food, electronics, allied products, computers/phones, spare parts, building material, etc). Available products include MICRO-LOAN PETTY CASH NOW NOW.


The CBN introduced the N50 Billion Targeted Credit Facility to support Households and SMEs affected by the COVID-19 Pandemic. The Maximum amount is N1,000,000 for Households and N2,500,000 for SMEs.

NIRSAL Loan Application

STEP 1: Submit an Application

The process is easy. You can begin on your phone, your tablet, or your laptop. Submit applications directly to NIRSAL Microfinance Bank (NMFB) with clear evidence of the opportunity or adverse impact as a result of the COVID-19 pandemic.

STEP 2: Wait for Approval

We review your application and forward the application to the CBN for final approval.

STEP 3: Disbursement

CBN reviews applications and gives final approval for disbursement to NMFB

NIRSAL Loan Application Portal

To apply, visit the NIRSAL MICROFINANCE BANK Credit Application Portal here:

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