The government, through the National Board for Small Scale Industries (NBSSI) is rolling out a programme to support Micro Small and Medium Scale Enterprise (MSME).
The Nkusuo loan is part of the COVID-19 support to help businesses stay afloat.
The NBSSI is partnering with the MasterCard Foundation to implement the programme.
The two institutions have come up with eligibility criteria for businesses who wish to apply.
Among other things, they are encouraging female business owners and young entrepreneurs between 18 to 35 years old to apply for the support.
Businesses in key sectors such as Agriculture, education, water and sanitation, manufacturing and others are encouraged to apply.
In your application, you must demonstrate that COVID-19 has had a negative impact on your business.
See the full eligibility criteria below:
All the best to business owners who will be applying.
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