Small and medium enterprise development agency of Nigeria and bank of Agriculture has lunch a loan of 1.2m to 5m to small and medium business in Nigeria.
According to Dr. Dikko Ummaru Radda Director general and Chief executive officer of Smedan “the purpose of the loan is to bust the economy of the country by helping real small businesses in Nigeria”.
For any small business owner to colified for the loan he or she must have Smedan Registration number.
The disbursement of the loan will be done through BOA ( Bank of Agriculture) while Smedan will be inter mediator.
Dr. Radda stated that applicant from federal capital territory (FCT )Abuja,
Kaduna and Oyo are expecting to start submitting there application to the Smedan by 14, December, 2020.
Here’s the Smedan link for BOA matching loan