For NYSC And Post NYSC Only, Apply For Sterling Banks 10 Million Naira Grant - NYSC - Nairaland
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| For NYSC And Post NYSC Only, Apply For Sterling Banks 10 Million Naira Grant by aprokomania(m): 6:39pm On Sep 07, 2016 |
Introduction YIEDP stands for Youth Innovative Entrepreneurship Development Programme. The Programme is aimed at harnessing the latent entrepreneurial spirit among the teeming youths by providing timely and affordable loans to implement their business ideas. The following categories of youth (aged 18 - 35) are eligible under this scheme: Serving youth corps members Non-NYSC (not more than 5 years post NYSC) Qualified Business Sectors: Agro-Allied Food Processing / Preservation Arts & Crafts Manufacturing / Cottage Industry Information & Communication Technology (ICT) Construction Support Power & Energy Education & Financial Inclusion Film & Photography Automobile Others The details below are relevant for all eligible youth: Eligible youth can apply for the loan through this portal (*input link to the portal) using his/her NYSC State Code. Applications can be made as an Individual or as a group (of 3-5 applicants with similar business interest) A single applicant can access up to a facility limit N3m while group project jointly owned by 3-5 qualified beneficiaries can access up to a facility limit of N10m. Security: Graduate entrepreneurs will use their tertiary institution(s) certificate(s) and their NYSC discharge certificate. Serving Corp members will pledge their NYSC discharge certificate and their tertiary institution(s) certificates(s). Also, legal ownership of assets financed by the Bank and 3rd party guarantors will be requested as additional collateral from all entrepreneurs. Apply using this LINK http://www.hoomadeit.com/2016/09/for-nysc-and-post-nysc-only-apply-for.html |
| Re: For NYSC And Post NYSC Only, Apply For Sterling Banks 10 Million Naira Grant by DTOBS(m): 6:55pm On Sep 07, 2016 |
YIEDP is a program lauched by Central Bank of Nigeria in collaboration with Heritage Bank of Nigeria and not sterling Bank for serving Corps members and ex corps members not more than 5year post service. The loan is #3m for individual and #5m for group... Kindly edit your topic. Thanks. |
| Re: For NYSC And Post NYSC Only, Apply For Sterling Banks 10 Million Naira Grant by aprokomania(m): 7:15pm On Sep 07, 2016 |
DTOBS:thanks for your observation. however, sterling bank just launched this program with group loan of 10 million naira. kindly follow the link to learn more. cheers. 1 Like |
| Re: For NYSC And Post NYSC Only, Apply For Sterling Banks 10 Million Naira Grant by splendid2: 9:00am On Sep 08, 2016 |
Wats d interest rate |
| Re: For NYSC And Post NYSC Only, Apply For Sterling Banks 10 Million Naira Grant by aprokomania(m): 6:52pm On Sep 08, 2016 |
splendid2:from my research, I discovered a prevailing interest rate of 9% per annum compounded. |
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