Dangote Foundation Bank Of Industry Fund Application 2024
Are you looking for the Dangote Foundation/BOI Fund? Would you like to know more about the Dangote Foundation loan in partnership with the Bank of the Industry? Are you searching for low-interest loans in Nigeria?
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In this post, you will find all the information you need regarding the Dangote Foundation/BOI Fund Application 2024 including requirements and how to apply for the loan
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Table of Contents
What is Dangote Foundation/ BOI Fund?
The Dangote Foundation/BOI Fund is a N5 billion(five billion Naira) matching fund, which could be accessed by Enterprises and Limited Liability Companies engaged in the Manufacturing, Agro-Processing, and Merchandising sectors for made in Nigeria goods, with a single obligor limit of N50.0 Million with an interest rate of 5%.
Who Can Apply for the Dangote Foundation Bank of Industry Fund?
The Dangote Foundation and Bank of Industry loan is meant for registered business and limited liability companies that specialize in selling made-in-Nigeria goods or into;
- Agro-processing
- Manufacturing
- Merchandising
All business owners currently registered and running a functional business/ company under any of the above categories are eligible to apply for this loan.
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How Much Loan Can I Request?
Applicants for this loan can request as much as 50 million Naira depending on your line of business.
The interest rate for this loan is 5% only which makes it suitable for both new and existing businesses.
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Requirements for Dangote Foundation Loan 2024
All interested applicants for this loan are to meet these requirements;
- Your business must be registered
Other requirements depend on your business category and the amount you wish to apply for. Click here to see the requirements
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How to Apply for Dangote Foundation/ BOI Fund
All interested and eligible business owners who wish to apply for this loan are to complete their application form online at the Bank of Industry application portal at https://www.boi.ng/dangotefoundationboi-matching-fund/
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Application Deadline
No deadline is specified for this loan application but you must complete your application as soon as possible.
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