The lack of finance for MSMEs has been an issue discussed by the government, industry leaders and financial institutions at large. Most MSME businesses have challenges getting the required finances to improve and grow their businesses. From our deep studies, fund is not the only challenge faced by MSMEs, but Business and Loan Management is one major issues needed to be tackled.
To help MSMEs in Nigeria achieve there desire growth, Mysurebiz launched the MSMEs Smart Loan. This plan is to support the significant contributions of the MSMEs sub-sector to the economy.
The broad objective of MSMEs Smart Loan is to provide Business Technical Training and Low-Interest Loan to the MSMEs sub-sector of the Nigerian economy through mobile self service platform.
Mysurebiz is filling the gap in the market by providing short-term and long time financial loans to MSMEs in Nigeria. While banks often require a large amount of paperwork, including a collateral, as part of the application process, Mysurebiz only leverage on training passage to provide smooth and quick access to Business Loan at 4% Interest Rate. NO COLLATERAL! NO DELAY!. These funds are supported by collaborated Banks and group of Individual Investors to enhance the performance of the MSMEs across Nigeria.
It is equally important to know that MSMEs SMART LOAN covers all areas of Agriculture, Manufacturing, Buying and Selling and Services Sectors because each of these sectors will continue to be very relevant to the overall GDP growth as well as employment generation.
Step 1: Apply for the loan, by filling the for online or fill the physical form. |
Step 2: Pay your training fee and attend the 3 hrs training |
Step 3: Fill the loan form, Get your approval and Disbursement
| LEVEL | TRAINING | DURATION | TRAINING FEE | QUALIFY LOAN |
| Level 1 | Business Management/Loan management | 3 Hrs | N2,500 | N10,000 – N250,000 |
| Level 2 | Business Expansion Basic | 4 Hrs | N5,000 | N250,000 – N500,000 |
| Level 3 | Business Expansion Pro | 3 Hrs /2 Days | N10000 | N500,000 – N1,000,000 |
| Level 4 | Risk and Growth Management | 3 Hrs / 2 Days | N20,000 | N1,000,000 – N5,000,000 |
Are you in category of Micro, Small and Medium Enterprise? Do you run your business in Nigeria? Have you been doing the business at least for six month? You can apply Click on Smart Loan and fill the registration form, moment you successfully submit your form, you will be called or sent SMS right immediately from our office for appointment.
Micro, Small and Medium Enterprises (MSMEs) play a big role in the Nigerian and global economy. the population of MSMEs is far more than large companies by a wide margin and also employ far more people. MSMEs are vital to the the people, to the communities, and to the Nation economically and socially.
SMEs keeps cash float in every communities, drives innovation and competition in many sectors. one important fact is that most micro businesses are often owned and managed by sole operators which are you and I.
Micro, Small, and Medium business is defining as enterprises with up to 250 employees. They sustain the economy and provide more good and service to people. there sizes depend on the categories as stated
In Nigeria we have over 37.07 million micro, small and medium-scale enterprises and they provide more than 84 percent of total jobs in the country. The MSMEs in Nigeria also produce about 48.5 percent of the gross domestic products, GDP, as well as about 7.27 percent of goods and services exported out of the country.
By the total numbers of MSMEs in Nigeria, Micro Enterprises comprise largest number with 36,994,578 enterprises (about 99.8 percent), while Small Enterprises took 68,168, and Medium Enterprises 4,670. In Nigeria, Lagos, Oyo, Abia and Kano State are the top four states in Nigeria with the highest number of MSMEs, while other states are also dominated by MSMEs.
Most economies in African countries like Nigeria, survive on the shoulders of small and medium-sized businesses. This is because MSMEs are characterized by dynamism, innovations, efficiency, and their small size enable faster decision-making process. Impact of MSMEs to growing economy includes: