inspector1:
GUYS, I AM UNABLE TO DOWNLOAD THE OFFER LETTER VIA THE LINK ATTACHED TO THE MAIL. ALSO, AFTER OPENING OF NPF ACCOUNT SINCE YESTERDAY, I AM YET TO RECEIVED THE ACCOUNT NUMBER FROM THE BANK WHAT CAN I DO IN THIS REGARD.

Wait till today evening or tomorrow for your account number


…

akolat
Sent...check your mail.


THANKS SO MUCH.
PLS ANY IDEA OF WHAT TO WRITE AS REPAYMENT AMOUNT?

Pls someone should help me send the offer letter to this email... tjabiodun26@gmail.com...thanks

inspector1:
akolat
Sent...check your mail.


THANKS SO MUCH.
PLS ANY IDEA OF WHAT TO WRITE AS REPAYMENT AMOUNT?

visit this site https://www.smepayroll.com.ng/calculator/loan/ to do the calculations of yur loan repayments.
enter the amount(250,000), or as the case may be
the number of years and
the percentage rate of the loan(5%)
Then click calculate....you will get your results

Twelve30:


Always read the mail that was sent to you. It is there in plain. Or perhaps they didn't send you any mail?

No I wasn't sent any mail. I'm just passing off the info to one of my guys that got shortlisted for the npf disbursement.

=akolat
visit this site https://www.smepayroll.com.ng/calculator/loan/ to do the calculations of yur loan repayments.
enter the amount(250,000), or as the case may be
the number of years and
the percentage rate of the loan(5%)
Then click calculate....you will get your results.


THANKS SO MUCH CHIEF, U VE BEEN HELPFUL.
FOR CLEARITY, I THINK THE TENOR IS 4 YEARS RIGHT?

inspector1:
=akolat
visit this site https://www.smepayroll.com.ng/calculator/loan/ to do the calculations of yur loan repayments.
enter the amount(250,000), or as the case may be
the number of years and
the percentage rate of the loan(5%)
Then click calculate....you will get your results.


THANKS SO MUCH CHIEF, U VE BEEN HELPFUL.
FOR CLEARITY, I THINK THE TENOR IS 4 YEARS RIGHT?

You're welcome. For easy repayment, I made use of 4 years which is 48 months.

Hope some of us have got our offer letter duly filled,signed, scanned & sent to the email stated.

[quote author=proffytee post=111877471][/quote]May God bless you immensely

seanaddy:


Sometimes we just ask questions to be well guided and not to make mistakes. It’s all confusing in the thread with different persons saying different methods or approaches. Thanks for all tho. I get you.

I get it. Honestly it is confusing sha.

opeyemhy02:
May God bless you immensely

Guess you have signed the offer letter with calculations duly made & sent to the email address stated.

Crazeworld:
No I wasn't sent any mail. I'm just passing off the info to one of my guys that got shortlisted for the npf disbursement.

Ok, thanks for the support brother.

ummi3:
please my approved amount is 250k how do I calculate the monthly repayment amount? And tenor? thank you

Check the image I uploaded. I calculated it using 3 years (i.e. 36 months) which is the tenor in my own case. So my monthly repayments should be around NGN7492.72. Do the maths

Crazeworld:
Where is the form to be sent after filling please?

It should be sent to this email: nationalyouthinvestmentfund@npfmicrofinancebank.com

Also tell him to read his mails thoroughly and understand them.

akolat:

Guess you have signed the offer letter with calculations duly made & sent to the email address stated.

Yes boss

opeyemhy02:


Yes boss

Done too. Lets keep our fingers crossed. I assume this should be the final stage. We hope disbursement follows next. Congratulations to all.

opeyemhy02:


Yes boss

Please how did you fill the offer letter. Did you print it out?
Who is the witness?
I saw moratorium of 12 months (is it the year my loan will expire)

Please help me out

akolat:

Done too. Lets keep our fingers crossed. I assume this should be the final stage. We hope disbursement follows next. Congratulations to all.

Boss help me out, let me fill mine

Please is the customer's name and borrower's name the same?

joshuajunior:
Please is the customer's name and borrower's name the same?

Definitely. Its the same. You're both the customer & borrower

Obere4u:

Please how did you fill the offer letter. Did you print it out?
Who is the witness?
I saw moratorium of 12 months (is it the year my loan will expire)

Please help me out

The offer letter has to be printed out for it to be filled.
I had to get someone to help as a witness with the details filled.
One gets a year moratorium, after which one will begin repayment of the loan.
When the form has been duly filled, it has to be scanned and sent back to the email address stated in the mail you received. Kindly read through the mail you received.

akolat:

The offer letter has to be printed out for it to be filled.
I had to get someone to help as a witness with the details filled.
One gets a year moratorium, after which one will begin repayment of the loan.
When the form has been duly filled, it has to be scanned and sent back to the email address stated in the mail you received. Kindly read through the mail you received.

Just anyone?

I would've liked to go through this process too (I didn't receive my mail) but something tells me to be PATIENT

goldendessy:

Sent

Thanks man. God bless you abundantly!

Obere4u:


Just anyone?

In as much that the offer letter didn't state the provision of a guarantor & where he/she works with the designation. The offer letter states that a witness provides his/her name, address with a signature appended. Depends on you anyway

same here may GOD GRANT US SUCCESS

Chiden:
I would've liked to go through this process too (I didn't receive my mail) but something tells me to be PATIENT

akolat:

In as much that the offer letter didn't state the provision of a guarantor & where he/she works with the designation. The offer letter states that a witness provides his/her name, address with a signature appended. Depends on you anyway

Okay, so I can get anyone to help me sign. Thanks
The Tenor, is it the one we initially chooses when registering for the loan?

Obere4u:

Okay, so I can get anyone to help me sign. Thanks
The Tenor, is it the one we initially chooses when registering for the loan?

I can't remember the loan tenor used while registering for the NYIF programme. What I did was to spread the repayment for the number of years convinient for me. The loan repayment shouldn't exceed 5 years. Do your calculation based on the number of years convinient for you.

akolat:

I can't remember the loan tenor used while registering for the NYIF programme. What I did was to spread the repayment for the number of years convinient for me. The loan repayment shouldn't exceed 5 years. Do your calculation based on the number of years convinient for you.

Okay boss, thank you.
So repayment will start next year and end in the next 5 years?

Obere4u:

Okay boss, thank you.
So repayment will start next year and end in the next 5 years?

Repayment is after a year. The number of years depends on you.

Are new applicants allowed into this scheme?if yes please how can one kindly proceed?

Unable to send the email successfully, the scanned offer letter is bouncing back. As their inbox is full.
Below is what I received. Who else is experiencing same.