August 16, 2023

Development Bank of Nigeria

Who qualifies for the DBN loan?

All MSMEs (start up or existing) involved in productive enterprises are eligible for the loan. However, they must be customers of eligible financial institutions.

DBN is poised to provide funding and risk-sharing guarantees through Participating Financial Institutions (PFIs), who will then on-lend to end beneficiaries.

DBN loans can be accessed through PFIs, which include Commercial Banks, Microfinance Banks, Development Finance Institutions (DFIs) and other Financial Institutions.

DBN loan repayment tenure is flexible (up to 10 years with a moratorium period of up to 18 months) and the interest rates are on a market-conforming and fully financially sustainable basis.

How to get a DBN Loan

  1. Visit your bank: Commercial Bank, Microfinance Bank, Development Finance Institution (DFI) and other Financial Institutions and indicate you want to apply for a DBN Loan.
  2. The Bank appraises the business and loan purpose, and if its assessment is favorable, the Bank applies to DBN for funding.
  3. If DBN approves the loan, DBN will disburse to the Bank for on-lending to end borrowers.

You can access the DBN loan through any of these PFIs by contacting any of the banks listed below:

Access Bank,,,,
Ecobank Nigeria Bank PlcEbere Onyenweaku –,
Fidelity Bank PlcOsaigbovo Omorogbe –,,

To get a loan,Click Here

FCMB LtdOluremi Agboola –,,

To get a loan,Click Here


To get a loan,Click Here

Stanbic IBTC Bank,

To get a loan,Click Here

Sterling Bank,
Union Bank of Nig,,

To get a loan,Click Here

Wema Bank,

To get a loan,Click Here

AB Microfinance Bank Nigeria,
Addosser Microfinance BankOlusola Howells –,,
Baobab Microfinance BankAchenyo Oyibo –,
Bosak Microfinance BankToyin Peters –,,

To get a loan,Click Here

HASAL Microfinance,

To get a loan,Click Here

Infinity Microfinance Bank LtdOludotun Adewunmi –,,
LAPO Microfinance Bank LtdEfosa Aigbe –,
Mainstreet Microfinance Bank LtdAdegoke E. Adegbami –,,
NPF Microfinance Bank PlcRotimi Dada –,,,
Parallex Microfinance,
Seedvest Microfinance BankKehinde Oyeleke –,,,
Accion Microfinance Bank,,
La Fayette Microfinance Bank
Davodani Microfinance,,,,
Trust Microfinance,,

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