Rivers State Governor, Siminalayi Fubara, has unveiled the Rivers State Microfinance Agency (RIMA) Loan 2024, a N4 billion initiative established in collaboration with the Bank of Industry (BOI) to bolster Micro, Small, and Medium Enterprises (MSMEs) in the state.
In his address marking his first 100 days in office, Governor Fubara highlighted the strategic partnership with BOI, underscoring its potential to significantly curb unemployment and foster entrepreneurship. The program is designed to offer accessible credit to MSME entrepreneurs at highly competitive interest rates, with a repayment period extending up to five years.
Check Also:Employment Opportunities at Oppo Nigeria
Eligibility Criteria to Apply for RIMA Loan:
Prospective applicants must:
- Be either indigenes or residents of Rivers State
- Be aged 18 years and above
- Own a business
Required Documentation:
- Local Government Identification
- Bank Verification Number (BVN)
- National Identification Number (NIN)
- Active phone number and email address
Application Process for RIMA Loan:
Interested individuals can apply by following the provided link.
For Loans Above 1m, Please Read
Please review the following instructions before completing this Application:
- This application is intended for loans ranging from over N1 million to N50 million.
- Your company must be registered with the Corporate Affairs Commission (CAC).
- The information you supply will aid the Bank in promptly evaluating your application. The processing time depends on the accuracy and completeness of the information provided.
- If any provided information is discovered to be false or misrepresented at any point, the application process will be immediately terminated.
- For further inquiries, please contact Customer Care at 08076391640 or email riversso@boi.ng.
Click Here to Apply
APPLY NOW: Rivers State Microfinance Agency (RIMA) and Bank of Industry (BoI) Loan
