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12 tweets,
3 min read
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1. FG belongs to all whether u are in PDP or APC or zero party, I wish our leaders on Twitters tweet about SME initiatives to help start up. Have u heard of “Agric - Business Small &Medium Enterprises Investment Scheme (AGSMEIS) I have asked @Abdul_A_Bello to educate us about it 
2. This scheme is an initiative of Bankers Committee in a bid to support & complement d FG’s efforts at promoting agric -biz /small & medium enterprise in d country. The max loan is N10m. D fund is domiciled in CBN.
3. D scheme is divided into 3 broad categories. They are 1. development Component 2. indirect component 3. Direct component
4. AGSMEIS is sector agnostic to revive d ffg: 1. Agric sector covering agric value chains such as production, inputs supply, storage processing . 2. Real Sector: Manufacturing, Mining and Petrochemicals 3.Guys , ICT , beauty and creative industry
5. guys ICT people can apply . Chics, BEAUTY sector and creative sector involved pls. I have to REPEAT this . Don’t beg money from anyone AGAIN.
6. Applicants are expected to be trained and certified by any of the CBN approved Entrepreneurial Development Center e.g Lagos Business School, House of Tara, Fate Foundation, Thrive Agric etc to ACCESS the loan
7. To take advantage of the loan, visit any branch of your bank. For instance @Abdul_A_Bello visited Lokoja branch of his bank and he does not know anyone . He was introduced to AGSMEIS. Visit ur bank now
8. The commercial bank role is to FORWARD ur application and nothing more . The beneficiary is approved by CBN. You will now be trained by CBN agencies. This disbursement will be done by ur bank without any hidden charges
9. Ask ur leaders on Twitter as one of my guys on my TL said to help u “ write a BUSINESS PLAN” it is not about demonstration. Tell them to teach you to FISH. In short u must have a “ business plan”. U will not need to participate in any “ gateway again”
10. Kindly note that this disbursement has started. D flag off saw d disbursement of about N118m to 358 beneficiaries. This scheme started in 2017 but operational in 2018.
11. The interest is 5% . Max tenor up is up to 7years . Moratorium of 18months on principal and six months on interest element depending on d nature of d business. Pls ask @Abdul_A_Bello any other questions.
12. God will bless you guys if u provide information for people to LIFT their biz up. Leave Buhari alone, focus on govt programs that u can benefit . Be optimistic, read books, research more about ur project a lot . The money is there for all of us and not for only APC guys
