Apply Now: NMFB Cash Now-Now Loan 2025 – Up to ₦300,000 for Petty Traders, Kiosk Owners, and Artisans

Are you a petty trader, artisan, or kiosk owner in Nigeria battling with capital? The NIRSAL Microfinance Bank (NMFB) has launched a fast-access loan initiative known as the “Cash Now-Now” Loan, offering up to ₦300,000 in working capital support.

This initiative is part of NIRSAL Microfinance Bank (NMFB) ‘s financial inclusion strategy to empower small-scale entrepreneurs, provide fast funds for business expansion, and enhance economic resilience for everyday Nigerians.

Whether you sell in a market, own a kiosk, or offer skilled services, this targeted microloan program is designed to assist you in meeting your urgent financial needs and sustaining your livelihood.

Who Can Apply for the NIRSAL Microfinance Bank (NMFB) “Cash Now-Now” Loan?

This loan program is made specifically for:

• Petty traders (e.g., food vendors, hawkers, stall operators)
• Kiosk owners (e.g., recharge card sellers, mini retail shop owners)
• Artisans (e.g., tailors, barbers, mechanics, welders, etc.)

There is no requirement for collateral, and successful applicants can access funds quickly after verification and approval.

NIRSAL Microfinance Bank (NMFB) Cash Now-Now Loan: Key Features

• Loan Amount: Up to ₦300,000
• Repayment Period: Up to 12 months (365 days)
• Grace Period: First repayment begins 30 days after disbursement
• Monitoring: Loan usage will be monitored by NMFB to ensure it aligns with business needs
• No upfront fees required

Step-by-Step Guide to Apply for NIRSAL Microfinance Bank (NMFB) “Cash Now-Now” Loan

To ensure your application is smooth and successful, follow these steps:

Step 1: Online Registration

• Visit the official NMFB website: https://www.nmfb.com.ng
• Create an account or log in
• Fill out the application form with:
  • Personal details
  • Business information
  • BVN (Bank Verification Number)
  • Payslip or income proof (if applicable)
• Select your preferred NIRSAL Microfinance Bank (NMFB) branch for follow-up

Step 2: Application Evaluation

• NMFB reviews applications based on their Risk Acceptance Criteria (RAC)
• Applications are approved or declined based on financial standing and business potential

Step 3: Loan Disbursement

• If approved, a loan offer will be issued
• Upon acceptance, funds are disbursed directly to your NMFB account

Step 4: Monitoring and Repayment

• You will receive reminders about repayment which starts 30 days after disbursement
• NMFB monitors loan use to ensure compliance with terms and conditions

Frequently Asked Questions (FAQs)

Q1: What’s the maximum loan amount I can get?
A: Up to ₦300,000, depending on your business need and evaluation.

Q2: Do I need collateral for this loan?
A: No, the “Cash Now-Now” loan is unsecured and does not require collateral.

Q3: When will I start paying back the loan?
A: Repayment begins 30 days after the loan is disbursed.

Q4: How do I contact NMFB for support?
A: Email: info@nmfb.com.ng or visit your nearest NMFB branch.

Q5: How long does the application process take?
A: Processing timelines may vary, but approvals typically take a few working days after submission and evaluation.

The NMFB “Cash Now-Now” loan is a powerful opportunity for small business owners across Nigeria to get the financial boost they need without stress or delays. If you run a small trade, kiosk, or offer artisan services, this is your chance to grow your business and stay financially stable.

CLICK HERE TO APPLY NOW via the official portal: https://www.nmfb.com.ng