Latest Update for JAIZ Bank and SMEDAN Matching Fund.

Latest Update for JAIZ Bank and SMEDAN Matching Fund 2022/2023

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Jaiz and Smedan

About the Jaiz Bank PLC-SMEDAN Matching Fund
As a concept, pioneered in Nigeria by Development Finance Institutions (DFIs), fund matching has since been embraced by most financial institutions for making credit/financing available to micro and small enterprises (MSEs). The strategy requires the fund matching partners (often a Financial Institution and an MSME-promoting institution/Government) to share the risks of making funds available to target MSEs – usually at concessionary rates over the medium-term (tenor). Consequently, desirous of building synergy on this very important aspect of their respective mandate SMEDAN and Jaiz Bank Plc hereby announces the commencement of the JAIZ/SMEDAN MATCHING FUND PROGRAMME FOR MICRO AND SMALL ENTERPRISES. This intervention is to deliver credit, to the sub-sector, as a promotional mechanism to enhance enterprise output, competitiveness, and jobs creation. The disbursing entity, under the program, shall be Jaiz Bank.
All the Applicant should read the information here carefully and follow all steps.
We use this medium to inform interested applicants about JAIZ Bank and SMEDAN Matching Fund Programme Application Form 2022 for interested and qualified applicants.
JAIZ Bank and SMEDAN Matching Fund Programme applications from all suitably-qualified micro and small enterprises (MSEs) located in the following State in Nigeria to apply for the Matching Fund Programme 2022.
JAIZ Bank and SMEDAN Matching Fund Programme applications from all suitably-qualified micro and small enterprises (MSEs) located in the following State in Nigeria to apply for the Matching Fund Programme 2022.
  1. Katsina State
  2. Nasarawa State
  3. Niger State
  4. Kogi State
  5. Jigawa State
  6. Bauchi State
  7. Adamawa State
  8. Gombe State
The programme is specifically suitably-qualified micro and small enterprises (MSEs)
Please note that: Beneficiaries must complete a finance application form, sign all necessary documents with Jaiz Bank Plc, and shall also bear cost of all approved charges (i.e. Application fee of N5,000.00 and N5,000.00 for cost of conducting credit search on beneficiaries on at least two (2) Credit Bureau sites for processing facilities which is in line with the CBN regulatory provisions and RTGS transfer charges.
Trending UNESCO Silk Roads Youth Research Grant 2022 for young researchers (USD10,000 grant)
These total N10,000.00 for both fees).
Interested and eligible Nigerians are hereby invited to submit their application for the JAIZ BANK PLC/Small and Medium Enterprises Development Agency of Nigeria(SMEDAN) Matching Fund Programme for Micro and Small Enterprises (MSEs) Program 2022. If you wish to apply for the fund.
For You to Apply for 2022-2023 JAIZ Bank and SMEDAN Matching Fund.
Agajahub publishers

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