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Our mission is to empower the hardworking individuals behind Micro, Small, and Medium Enterprises (MSMEs) in Akwa Ibom by offering crucial financial support to help them grow and succeed.
Our Goals:
Creating Jobs – We aim to generate over 5,000 new job opportunities in various industries.
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Supporting Business Expansion – Providing funding for business growth, technology integration, and market reach.
Boosting Economic Development – Stimulating economic activity and strengthening the state’s GDP.
Improving Agricultural Productivity – Assisting farmers and agribusinesses to increase yields and ensure food security.
Lowering Production Costs – Offering accessible financing to enhance efficiency and competitiveness.
Enhancing Household Well-being – Strengthening local economies and improving household financial stability.
Who Can Apply:
If you own a Micro, Small, or Medium Enterprise based in Akwa Ibom State and registered with the Corporate Affairs Commission (CAC), you are eligible to apply. You must also have a valid means of identification.
How to Apply:
The application process involves four simple steps:
1. Fill out the online application form with accurate business information.
2. Upload required documents clearly and legibly for verification.
3. Participate in capacity training with Ibom-LED to enhance financial and business management skills.
4. Once approved by BOI, funds will be disbursed directly to your business.
Loan Details:
Micro Enterprises: Up to ₦10 million
Small & Medium Enterprises: ₦10 million – ₦100 million
Interest Rates:
Term Loan: 7.5% per annum
Working Capital Loan: 8.5% per annum
Approval Timeline:
Typically 2–4 weeks, depending on document completeness.
Loan Tenure:
Term Loan: 3 to 5 years
Working Capital Facility: Up to 3 years
CAC Requirement:
Ensure your business is registered with the CAC before applying.
Contact Us:
For assistance or inquiries, reach out to us via email at info@aksgboiloan.akwaibominvest.ng or call +234 708 967 9994. Visit our office at AKICORP Office, Investment House, 143 Olusegun Obasanjo Way, Uyo, Akwa Ibom State.
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Let’s work together to support and uplift MSMEs in Akwa Ibom!
