Скачать с ютуб Nigeria Youth Investment Fund: How to apply and Access up to N3million [PART 1] в хорошем качестве

Nigeria Youth Investment Fund: How to apply and Access up to N3million [PART 1]

Nigeria Youth Investment Fund: How to apply and Access up to N3million Credit Facility with 5% Interest rate for 5 years CLICK This link TO Apply https://nyif.nmfb.com.ng/ Nigeria Youth Investment Fund: How to apply and Access up to N3million Credit Facility with 5% Interest rate for 5 years Access up to N3 Million Credit Facility Dedicated to investing in the innovative ideas, skills & talents of Nigerian youths aimed at turning them into entrepreneurs, wealth creators and employers of labour Read More Nigeria Youth Investment Fund The Nigerian Youth Investment Fund (NYIF) was set up as an initiative of the Federal Ministry of Youth and Sports Development (FMYSD) and funded by the Central Bank of Nigeria (CBN) to invest in youth ideas to build sustainable businesses that can activate enterprise and increase job opportunities in Nigeria. The fund is dedicated to investing in the innovative ideas, skills & talents of Nigerian youths aimed at turning them into entrepreneurs, wealth creators and employers of labour, contributing to national development. The plan targets young people between the ages of 18-35 years and details the needed actions required to support business establishment, expansion and consequent employment creation for youth in critical economic and social sectors. Nigeria Youth Investment Fund: How to apply and Access up to N3million Credit Facility with 5% Interest rate for 5 years Objectives of the Scheme Access Improve access to finance for youth and youth-owned enterprises, for national development Employment Generate much-needed employment opportunities to curb youth restiveness. Training Boost the managerial capacity of the youth and develop their potential to become the future large corporate organizations. The NYIF aims to financially empower Nigerian's youth to generate at least 500,000 jobs between 2020 and 2023. Apply Now Who Is Eligible? Individuals / Non-registered Businesses - Up to N250,000 Individual within the age bracket of 18 to 35 years Has a valid BVN and means of ID Provision of Business plan Summary or Completed Questionnaire Entrepreneurship Training Certification from FMYSD Entrepreneurship Development Institutes (EDIs) Registered Businesses - Up to N3 Million Formal business enterprises (Youth owned enterprises), duly registered with the Corporate Affairs Commission (CAC) Valid Bank Verification Number (BVNs) of Directors Provision of Tax Identification Number (TIN) Entrepreneurship Training Certification from FMYSD EDIs How it Works STEP 1 Submit An Application Eligible applicants submit applications successfully on NMFB’s portal. STEP 2 Get Trained Applicants to attend a compulsory entrepreneurship training with an approved Federal Ministry of Youth & Sports Development (FMYSD) EDIs STEP 3 Apply for Loan Successfully trained prospective applicants proceed to NIRSAL Microfinance Bank (NMFB) portal to apply for the loan. STEP 4 Approval NMFB conducts loan assessment in line with Risk Assessment Criteria and programme guideline, make appropriate decision and forward recommended applications to CBN for final approval. STEP 5 Disbursement CBN reviews applications and gives final approval for disbursement to NMFB FAQ What is the interest rate? Interest rate under the intervention is 5% per annum (all inclusive). How long is the loan for? Term loans have a maximum tenor of not more than 5 years. How much can I access? Individual/Non-Registered Businesses: Can access a maximum of N250,000 Registered Businesses (Business name/Limited Liability/Cooperative Society/Commodities Associations) – Can access up to N3 Million Is there a Moratorium period? At least, one-year moratorium. How much can I access? Individual / Non-registered Businesses: Can access up to ₦250,000.00 Registered Businesses (Business Name / Limited Liability / Cooperative Societies/ Commodities Associations): Can access up to ₦3,000,000.00 Can someone currently enjoying any CBN intervention fund access this loan? No, you cannot access this facility except previous CBN intervention loan(s) has been fully repaid. Do I need a collateral to access this Loan? No, but all assets purchased under the scheme must be registered with the National Collateral Registry (NCR). Also, the Global Standing Instruction (GSI) mandate will be activated to ensure full repayment by loan obligor. Who is eligible to apply? A Nigerian Youth who falls within the age bracket of 18 -35 years Where can I get trained? Visit the nearest approved Federal Ministry of Youth & Sport Development (FMYSD) Entrepreneurship Development Institute (EDIs) or https://www.youthandsport.gov.ng Click Here to Apply https://nyif.nmfb.com.ng/ #YouthInvestmentFund #Nigeria #FederalGovernmentLoan #Grant #youthandsport #YouthEmpowerment #nyif #Nigeria #NigeriaYouthInvestmentFund #NyifApplication