Brief on NERFUND:


The National Economic Reconstruction Fund (NERFUND) was established in 1989, by the NERFUND Act, cap.254, 1990 Laws of the Federal Republic of Nigeria.


Our Vision is to build a world class Development Finance Institution (DFI) anchored on professionalism, integrity, transparency and quality service delivery.


Our Mission is to support the growth of indigenous Micro, Small and Medium scale industrial Enterprises through the provision of medium to long term financing.


Our Core Mandate: The main objective of the fund was to fill the gap existing in the provision of medium to long term financing to small and medium scale industrial enterprises (SMEs).


Other objectives for establishing NERFUND are listed as follows:

   •  
correct any observed inadequacies in the provision of medium to long-term financing to small and medium – scale industrial enterprises, especially manufacturing and agro-allied enterprises and ancillary services;

 

   •  
provide medium to long-term loans to participating commercial and merchant banks for on-lending to small and medium-scale enterprises for the promotion and acceleration  of productive activities in such enterprises;

 

   •  
facilitate the provision of loans with five to ten year maturity, including a grace period of one to three years, depending on the nature of the enterprise or project;

 

   •  
provide such loans either in naira or in foreign currencies or both according to the sources of funds available to the Fund and the requirements of the eligible enterprise or project.

 

Click here to view ownership structure and Coporate governance

 

 

 

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How to Obtain NERFUND Funds

 

    →   Eligibility

    →   Project Selection

    →   Who can NERFUND Assist?

    →   Types of Nerfund Loan

 

 

 

 

    

 

 

Eligibility


All Nigerians are qualified to apply for NERFUND loans either as individuals, Associations, Cooperatives or Corporate Entities/partner institutions. The NERFUND facility is an easy click ... Click here to know more

 

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     → Who can NERFUND Assist?

     → Project Selection

     → Types of Nerfund Loan

     →  Contact Nerfund

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Copyright ©2015 NERFUND. All Rights Reserved!

Website Powered by KJK.COM.NG