How To Apply For CBN Health Sector Loan - Loan For Health Workers - Naija Stick

Mobile Menu

Top Ads

More News

logoblog

How To Apply For CBN Health Sector Loan - Loan For Health Workers

Feb 12, 2023


UNPRECEDENTED TIMES UNIQUE FUNDING FOR HEALTH CARE


As part of measures taken to cushion the economic impact of COVID-19, the Central Bank of Nigeria CBN has launched the Credit Support Scheme for the healthcare sector.


CBN Healthcare Sector Loan


The healthcare sector loan was created to strengthen the sectors’ capacity to meet the rise in demand for health-related products and services in the wake of the COVID-19 pandemic.


The scheme is a means to support Nigerian businesses in healthcare to improve facilities and service delivery in a bid to reduce medical tourism and conserve foreign exchange.



New Article - My NPC Application Status is Still Showing Pending What Should I Do Next ? 


 


Eligible Participants


    • Healthcare product manufacturers- pharmaceutical drugs and medical equipment

    • Healthcare service providers/medical facilities- hospitals, diagnostic centres/laboratories, fitness and wellness centres, rehabilitation centres etc.

     • Pharmaceutical/medical products distribution and logistics services.

     • Other healthcare service providers as may be determined by CBN from time to time.

     • Manufacturing of pharmaceutical drugs and medical equipment

     • Establishment/expansion/upgrade of basic and specialized healthcare facilities

     • Medical/pharmaceutical Research and Development (R&D)

     • Distribution of medical/pharmaceutical drugs and supplies

     • Any other healthcare value chain activity as may be prescribed by the CBN



Interest rate


5.0 % p.a (all inclusive) up till 28th February 2021.



New Article - Did You Know How Much NPC will pay Adhoc Staff for Census 2023 


 


Loan Limit


Working Capital: 20% of the average of 3 years of the company’s turnover subject to a maximum of 50 million naira per obligor (where the enterprise is not up to 3 years in operation, 20% of the previous year’s turnover).

Term Loan: Maximum of 2 billion naira per obligor.




Loan Tenor


Working Capital: Maximum of 1 year with provision for rollover of not more than 3 years.

Term Loan: Maximum tenor of not more than 10 years with maximum of 1 year moratorium on repayment.


How To Apply For The Loan


To apply directly for the loan offer please click on this >>> Apply Loan



For More Update On this Blog Pls via with us on those link below 

  • WhatsApp group 
  • Telegram  
  • Facebook Group 

For more Update !!