Nigeria - Apply or Get National Economic Reconstruction Fund

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Procedure

Apply In-Person:

1. To apply for getting National Economic Reconstruction Fund in person, the applicant has to visit office of the National Economic Reconstruction Fund (NERFUND)Fund in Nigeria.
2. The address and contact details can be found in the following contact link
3. Visit the office with an application letteras a request for National Economic Reconstruction Fund from the relevant department.
4. Make sure that you have all the documents listed in the “Required Documents” section of this page.
5. Complete the application form by filling the required details in the respective fields. Once completed filling the application form, attach all the required documents.
6. The application and attached documents should be then submitted at the office. The applicant may be provided with a receipt of application after undergoing the required interview and verification processes.
7. The application and provided documents will be forwarded for further verification and validation processes.
8. If all the documents are found in order and your application meets the requirement criteria set by the board, the application will be approved and the applicant will informed about the approval through phone or email.
9. Further, within a stipulated time period, the necessary fund will be credited in the applicant’s bank account.
10. Meanwhile, the applicant can also check the status of his/her application by contacting the office where the application has been made.
    

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Required Documents

• Formal application letter
• Plan of the business
• Feasibility study
• Proof of applicant’s Identification
• Proof of Registration/Incorporation
• Project cost and expected output returns
• Profitability of the project
• Three year Audited account
• Account Statistics
• Cash Security
• Any supporting document (as required)
  

Office Locations & Contacts

National Economic Reconstruction Fund - Head Office
Address: 3, Zinguichor Street, Off IBB Way, Beside Abuja Electricity Distribution Company,
Wuse Zone 4, P.M.B 319, Garki,
Abuja.
Tel: +234 9 2904838, 2904680, 2904823
Email:[email protected]
Website: National Economic Reconstruction Fund Contacts

Eligibility

All Nigerians are qualified to apply for NERFUND loans either as individuals, Associations, Cooperatives or Corporate Entities/partner institutions.

Fees

It usually does not cost anything.

Validity

The fund will be valid throughout the execution of the plan.

Documents to Use

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Sample Documents

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Processing Time

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Related Videos

Videos explaining the procedure or to fill the applications.
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Please remove the '&' inside the tags during implementation.
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e.gIn the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Instructions

• Applicants are advised to complete the application form neatly and completely with absolute legibility and appropriateness to avoid rejections.
• Also, all the required documents must be furnished completely to help with the application process thereby reducing the time spent on processing as much as possible.
• All correspondence should be made to the Managing Director,National Economic Reconstruction Fund (NERFUND).
  

Required Information

• Applicant name
• Phone number and address
• Email address
• Identification card/Passport number
• Name of the Beneficiary
• Company’s Registration number
• Incorporation particulars
• Exporter registration number
• Import duty Invoice number
• Bill numbers
  

Need for the Document

The National Economic Reconstruction Fund (NERFUND) was set up to provide needed medium – to long-term financing to viable Small and Medium scale production enterprises. The grand objectives are to increase the quantum of goods and services available for local consumption and export, provide needed employment, expand our production base and add value to the economy.

Information which might help

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Other uses of the Document/Certificate

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e.g. Birth Certificate can be used as proof of identity.

External Links

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Others

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