Update on BOI Presidential Soft Loan Intervention
If you applied for the loan within the past two months and have not received any communication, please visit your state’s BOI branch to inquire about your application status.
Before Visiting the BOI Office:
Bring both hard and soft copies of your invoice and bank statement.
Ensure you have uploaded all necessary files under the “Additional Documents” section on your dashboard.
Important Reminder:
- A guarantor is required: a civil servant on Grade Level 9 or above.
Vendor Selection Tip:
- Choose a trusted vendor, preferably a reputable businessperson, family member, or close friend to avoid complications.
Good News!
Express approval, offer issuance, and disbursement will commence next week!
Loan Process Overview:
- 1.Submit your application (ensure all information is accurate).
- 2.Application will be reviewed.
- 3.If approved, you will receive an offer letter.
- 4.You’ll then be scheduled for disbursement.
Please Note:
If there’s a mismatch in the date of birth on your NIN and BVN, your application will be delayed at Step 3. Double-check all personal details before submitting.
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