Skip to main content

How to Apply for Development Bank of Nigeria (DBN) 10 years Loan in Nigeria


Who Qualifies For The DBN Loan?
All MSMEs (start up or existing) involved in productive enterprises are eligible for the loan. However, they must be customers of eligible financial institutions.
DBN is poised to provide funding and risk-sharing guarantees through Participating Financial Institutions (PFIs), who will then on-lend to end beneficiaries.
DBN loans can be accessed through PFIs, which include Commercial Banks, Microfinance Banks, Development Finance Institutions (DFIs) and other Financial Institutions.
DBN loan repayment tenure is flexible (up to 10 years with a moratorium period of up to 18 months) and the interest rates are on a market-conforming and fully financially sustainable basis.
How to Get A DBN Loan?

11.       Visit your bank: Commercial Bank, Microfinance Bank, Development Finance Institution (DFI) and other Financial Institutions and indicate you want to apply for a DBN Loan.
22.    The Bank appraises the business and loan purpose, and if its assessment is favourable, the Bank applies to DBN for funding.
  3. If DBN approves the loan, DBN will disburse to the Bank for on-lending to end borrowers.

You can access the DBN loan through any of these PFIs by contacting any of the banks listed below:
Access Bank Plc
Onyinyechi.Uba@ACCESSBANKPLC.com,
CorporateFinance@ACCESSBANKPLC.com,
Oreoluwa.Adeyemo@ACCESSBANKPLC.com,
Omotolani.Ketiku@ACCESSBANKPLC.com,
Moses.Osondu@ACCESSBANKPLC.com
Ecobank Nigeria Bank Plc
LAWAL Theresa – TOLAWAL@ecobank.com,
TOLARINDE@ecobank.com,
AODJEGBA@ecobank.com
Fidelity Bank Plc
Osaigbovo Omorogbe – osaigbovo.omorogbe@fidelitybank.ng,
Jennifer.David-Ake@fidelitybank.ng,
Chiwuike.Okere@fidelitybank.ng
FCMB Ltd
Oluremi Agboola – Oluremi.Agboola@fcmb.com,
George.Ogbonnaya@fcmb.com,
Toyin.Ajibulu@fcmb.com
First Bank Nig Ltd
DBNFUNDS@FIRSTBANKNIGERIA.COM
GTBank
gbeminiyi.onipede@gtbank.com,
lucia.jaiyeola@gtbank.com,
kelvin.biiranee@gtbank.com
Stanbic IBTC Bank Plc
David.Adebayo@stanbicibtc.com,
Ayodele.Ojosipe@stanbicibtc.com
Sterling Bank Plc
Fatai.Jelili@Sterlingbankng.com,
Ezinne.Nwokafor@Sterlingbankng.com
UBA Plc
Adegoke Bayo – bayo.adegoke@ubagroup.com,
anuoluwapo.ajayi@ubagroup.com
Union Bank of Nig Plc
aoordia@unionbankng.com,
aebassey@unionbankng.com,
retaillending@unionbankng.com
Wema Bank Plc
Kolawole Ogunleye – Kolawole.ogunleye@wemabank.com,
Dotun.Ifebogun@Wemabank.com,
Adewale.Oyeboade@Wemabank.com
AB Microfinance Bank Nigeria Ltd 
Oladapo.Ikupolati@ab-mfbnigeria.com,
Olukorede.Ekundebe@ab-mfbnigeria.com
Addosser Microfinance Bank 
Olusola Howells – howells.olusola@addosser.com,
deji.sobulo@addosser.com,
oluwaseun.adekanbi@addosser.com
Baobab Microfinance Bank 
Achenyo Oyibo – aoyibo@baobab.bz,
cgwehi@baobab.bz
Bosak Microfinance Bank 
Toyin Peters – toyinpeters@bosakmfb.com,  teepeeters@gmail.com,
FrancisAtiri@bosakmfb.com
HASAL Microfinance Bank 
ruskiyat@hasalmfb.com,
rogers.nwoke@hasalmfb.com
Infinity Microfinance Bank Ltd 
Oludotun Adewunmi – g.adewunmi@infinitymfb.com,
oludotunadewunmi@yahoo.com,
s.ogunniyi@infinitymfb.com
LAPO Microfinance Bank Ltd
Efosa Aigbe – efosa.aigbe@lapo-nigeria.org,
stanley.oriakhi@lapo-nigeria.org
Mainstreet Microfinance Bank Ltd
Adegoke E. Adegbami – aadegbami@mainstreetmfb.com,
midris@mainstreetmfb.com,  midris@mainstreetbankmfb.com
Microcred Microfinance Bank Ltd
Omar Niaz – oniaz@microcred.com
NPF Microfinance Bank Plc
Jude Ohanehi – jeco0072000@yahoo.co.uk,  JOHANEHI@npfmicrofinancebank.com,
cwosu@npfmicrofinancebank.com,
rdada@npfmicrofinancebank.com,
rotoyin1159@gmail.com,
chima_wosu@yahoo.com
cwosu@npfmicrofinancebank.com,
rdada@npfmicrofinancebank.com,
rotoyin1159@gmail.com,
chima_wosu@yahoo.com
Parallex Microfinance Bank
abimbola.akande@parallexbank.com,
femi.otenigbagbe@parallexbank.com
Seedvest Microfinance Bank
Kehinde Oyeleke – kehinde.oyeleke@seedvestgroup.com,  oyelek@yahoo.com,
omololaakinjoko1@gmail.com,
jannybee1@live.com
Accion Microfinance Bank Limited
tjoda@accionmfb.com,
conyekwere@accionmfb.com,
ooladoyin@accionmfb.com
La Fayette Microfinance Bank Limited
eodetayo@advans-lfmfb.com
Davodani Microfinance Bank
johne.ologe@davodanimfb.com,
aayotomi@davodanimfb.com,
ayodejitomi@yahoo.com,
soyebisi@davodanimfb.com,
ufelix@davodanimfb.com
Trust Microfinance Bank
trustmfb@yahoo.com,
debanjajayi@gmail.com,
Sodiyasamusideen@yahoo.com


 Source: https://www.devbankng.com/get-a-Loan


Comments

Post a Comment

Popular posts from this blog

Top Ten Businessmen/Entrepreneurs in Nigeria

10 . Oba Otudeko Oba Otudeko CFR is a Nigerian businessman who serves as the founder and chairman of the Honeywell Group.   He also serves as chair of FBN Holdings and founder of the Oba Otudeko Foundation. As of June 2017, his estimated net worth was US$550 million. Ayoola Oba Otudeko was born in Ibadan, Oyo State, South-West Nigeria on 18 August 1943 to a royal family, thus making him an Omoba of the Yoruba people. Oba Otudeko studied Accountancy at the Leeds College of Commerce Leeds, Yorkshire, United Kingdom (which is now part of the Leeds Beckett University). Professionally, Oba Otudeko is a Chartered Banker, Chartered Accountant and a Chartered Corporate Secretary. Oba Otudeko has also attended executive management training programmes at International Institute for Management Development (IMD), Harvard Business School and Hult International Business School (then known as Arthur D. Little School of Management). Oba Otudeko was elected the 16th President of the
2 comments
Read more

Tips To Use For Making A Business Plan

Making a business plan especially for someone who hasn't created one may look like a really difficult task but it's really not as hard as you think, all you need is a little help which I hope to provide here. First off, what is a business plan?     A business plan is a document that carries a summary of the major objectives of a business, both operational and financial. It contains details on the budgets and how the business objectives are to be achieved. You'll need these tips to make a good business plan: Make your plan with your audience as your focus Research about your business market Consider your competitors Make sure your plan is straight to the point Your plan should have a detailed description of your products, services, finances, goals and strategy. Your financial information must be detailed and accurate You should make a really impressive executive summary An executive summary is a brief section of your plan that summarizes the whole plan
Post a Comment
Read more

5 Hunting Job Mistakes To Avoid

If you do not want your job hunt to be a demoralizing, difficult and a futile attempt, you have to cut out several mistakes. The fact is not many potential employees know what they are getting wrong. They seem to fulfill all the requirements, have a splendid-looking resume but still cannot land a job. If you’re one of such people with an unsuccessful job hunt in 2019, avoid these 5 mistakes to stand a better chance in the future.  1. Beating Around The Bush It’s 2020 and employers are even more interested in what you can bring to the table. What value can you add to their organization? Rather than go on and on about all you’ve ever done, focus more on what you’ve accomplished. Employers are particularly interested in the main features and highlights of your ability to fit in to what they have. This means you’ll be better served when you indicate areas of your career that generate more interests. 2. Taking Rejection Personally Rejection is definitely part of the pr
Post a Comment
Read more