Enugu Loans

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As part of the purview to provide funding opportunities for entrepreneurs, MSMEs and SMEs, please find below a synopsis of some of the ongoing funding programs within the Agency.

Learn about currentloan programs

 

The N50 Billion targeted Credit Facility (TCF) COVID-19 Intervention Fund

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

ENUGU BUSINESS LOANS (EBL) For Lydia Loan

Enugu Business Loans are Business lines of Credit (Credit Loans) created to solve financing and funding problems for Small and Medium Sized Enterprises within the State.

The N50 Billion targeted Credit Facility (TCF) COVID-19 Intervention Fund

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

N2 Billion, Micro, Small & Medium Enterprise Development Funding (MSMEDF) Program-

Enugu State commended this program in December 2014 during the last year of His Excellency Barr. Sullivan Chime’s administration.

Enugu Studentpreneur Development Loan Program ESDLP

ESDLP is an innovative loan program tailored to provide single digit funding support to burgeoning entrepreneurs, fostering financial inclusion from incubation stages of these businesses and entrepreneurs, preparing them for the future.

The N500 Million Bank of Industry (BOI) Matching Fund

 This was a counterpart funding program between the Bank of Industry (BoI) and the Enugu State Government (ENSG) where both parties providedN250 Million to the funding program.

The Enugu Trader Facility

The Enugu Trader Facility (ETF) is an innovative financing program in partnership with a FinTech called Carbon (previously PayLater) where we provide financing to SME Cluster in the State (markets).

 

 

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