Development Bank of Nigeria PLC

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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 favourable, 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 Plc,,,

Ecobank Nigeria Bank Plc

Olusola Afolalu -,

Fidelity Bank Plc

Esther Obiekwe -,
Nneoma Onuoka -,

To get a loan, Click Here


Oluremi Agboola -,,

To get a loan, Click Here

First Bank Nig Ltd



Peju Lawanson -,

To get a loan, Click Here

Providus Bank

Enyinnaya Akagha -

Stanbic IBTC Bank Plc

Umeasala, Damian -,

To get a loan, Click Here

Sterling Bank Plc

Chibuzor Awe -,

Union Bank of Nig Plc

John Ahodu -,

To get a loan, Click Here

Wema Bank Plc,

To get a loan, Click Here

AB Microfinance Bank Nigeria Ltd,

Accion Microfinance Bank Limited

Ndubuisi Onuoha -,
Adetokunbo Elliot -,
Emeka Uzowulu -,

Addosser Microfinance Bank 

Olusola Howells -,,

Astra Polaris MFB 

Onifade Abimbola -,,

Baobab Microfinance Bank 

Achenyo Oyibo -,

Bosak Microfinance Bank 

Toyin Peters -,,

To get a loan, Click Here

Coronation Merchant Bank  

Daniel Egwuonwu -,

Davodani Microfinance Bank,,,,

FSDH Merchant Bank

Segun Adesipe -

HASAL Microfinance Bank,

To get a loan, Click Here

Infinity Microfinance Bank Ltd 

Oludotun Adewunmi -,,

Infinity Trust Mortgage Bank

Abiodun Akanbi -

Jubilee Life Mortgage

Kushiro Roli -

La Fayette Microfinance Bank Limited

LAPO Microfinance Bank Ltd

Efosa Aigbe -,

Mainstreet Microfinance Bank Ltd

Adegoke E. Adegbami -,

Microvis Microfinance Bank,,

NPF Microfinance Bank Plc

Rotimi Dada -,,

Parallex Microfinance Bank,

Regent Microfinance Bank

Seedvest Microfinance Bank

Kehinde Oyeleke -,,

Stanford Microfinance Bank

Vincent Aluu -

Trust Microfinance Bank,,