AGSMEIS – Nirsal Loan Applicants Rejected By Govt – Nigerians Shares Photo

Nigerians has revealed that their Nirsal loan applications has been rejected by the Government.

Nirsal Loan Applicants Rejected By Govt - Nigerians Shares Photo

Tens of thousands of loan applicants in Nigeria received bad news as they were sent SMS that their loan application has been declined by government.

The applicants paid 10,000 naira for training and 5,000 for business plan. Only to receive the sad news after a year.

The loan is for AGSMEIS under Nirsal Microfinance Bank.

The SMS reads “Dear Applicant, Kindly note that your loan application has been declined because your request does not meet our current Risk Acceptance Criteria. Thank you.”

No official explanation for risk acceptance criteria has been made by NIRSAL on their social media pages.

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AGSMEIS - Nirsal Loan Applicants Rejected By Govt - Nigerians Shares Photo

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Eyo Nse is a creative writer, blogger and a software engineer. He is a simple individual who loves to see others succeed in life. Mr Wisdytech as he is popularly known - started blogging in the early 2000's.