400,000 people benefit from scheme
The management of NIRSAL Microfinance Bank has requested for the payback of Covid-19 loans secured by many entrepreneurs across Nigeria through the Central Bank of Nigerias, (CBN) Targeted Credit Facility, (TCF).
This call was made by the financial institution recently, via its Twitter handle.
Nigerians on the platform have been having a complex discussion about the repayment of NIRSAL loans with some admitting that they do not have the means to pay back the loans.
Following NIRSALs tweet request for the repayment of the loans, Twitter users have expressed mixed feelings, an indication that the financial institution may have a problem getting back most of the loans.
A Twitter user, Abdulrasheed Ibrahim, with the handle: @Abdulra19898072 made some claims that are hard to verify but his comment had the most interactions. He said, @cenbank I dont think many people have the means of paying, coz those that want to do business were not the ones given the loan, rather, some of your staff collected a percentage from individuals and randomly disbursing to those that will buy iPhones.
