Youth Empowerment Nigeria 2022 Check Application Form Update : Current School News

Youth Empowerment Nigeria 2022 Check Application Form Update

Filed in Articles by on December 31, 2021

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– Youth Empowerment Nigeria –

Are you searching for a youth empowerment program to enroll in? These programs help combat the current high level of unemployment and poverty in the country through appropriate skill development and the provision of opportunities that increase productivity within the country.

In this article, all you need to know about the Youth Empowerment Nigeria application form has been provided below.

Youth Empowerment Nigeria 2021 Check Application Form Update

Youth Empowerment Nigeria

The Presidential Youth Empowerment Scheme (P-YES) is structured as a Public-Private Partnership (PPP) initiative driven by the Office of the Senior Special Assistant to the President on Youth and Students Affairs (OSAPYSA).

The program is targeted at providing solutions to the challenges of youth unemployment, through the execution of direct empowerment initiatives.

Youth Empowerment Nigeria Application Form

How to Apply

1. Fill an application form online or obtain an application form from the YEN office. Application is FREE

2. Two (2) recent passport photograph of the applicant

3. Photocopy of National Identity

4. Photocopy of a utility bill

5. All original copies must be tendered for verification

6. Two (2) guarantors: fill guarantor form and two passport photograph of guarantors (for LOANS only, not applicable to GRANTS)

7. Summit a business summary or a proposal of not more than three pages to YEN office or e-mail to [email protected]

Applicants will be evaluated based on the applicant’s business summary or proposal submitted.

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PLEASE NOTE:

• Ensure your application form is completely filled otherwise your application will not be attended to

• Double entry of application form will lead to automatic disqualification

• The application will be processed within ten (10) working days of receiving your proposal.

• An appointment date will be communicated to the successful applicant for proposal defending.

• Successful applicants will receive a cash loan/grant within ten (10) working days after appointment.

Contacts

1st Floor, 183, Akowonjo Road, Sobo bus-stop, 

directly opposite The Place Restaurant, Egbeda, Lagos

[email protected]

01-453-3406

08031950043, 08095368459, 07046156521

http://www.youthempowermentnigeria.org

About Micro Business Loan Scheme

Micro Business Loan Scheme provides loans with no collateral to young businessmen and women. We partnering with Microfinance banks and MSME Agencies in Nigeria to offer loans to prospective individuals.

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Loans Categories

Available loan amounts of

Facility range: N10, 000 (minimum) to N300, 000 (maximum)

Methodology: Individual

• Duration: months

• N10,000

• N20,000

• N50,000

• N100,000

• From 200,000 and above you MUST be a member

Loan Terms

• Loan Tenor: 1-12 Months

• Weekly / Monthly payment

• Administrative Fee

• From 10,000 – 49,999 – 2,000

• From 50,000 – 99,999 – 3,000

•Also, From 100,000 and above 5% of the loan

° File Opening

° Verification of data submitted

° Processing of loan

• All loan categories attract a nominal Interest rate of 5% with reducing balance

° Non Member: 5%

° Members: 3%

What are the Requirements?

1. Applicants must be between the ages of  21 – 45 years

2. Must be an entrepreneur or aspiring entrepreneur

3. Must own a business or a business Initiative

4. Also, Must have a valid BVN

5. Must have a bank account with GTBank

6. Must have a valid Identification card (Voters card, National ID card, Driver’s license, International passport)

7. Also, Must provide two guarantors

8. Must have a verifiable residential address ( Business location is optional)

9. Must reside in Nigeria

10. Loan application letter

11. Duly completed application form

12. Current utility bill

13. 4 recent passport-size photographs

Benefits

• No collateral

• Access to funds for business expansion

• Access to other loan products

• Flexible repayment structure

• Training on basic financial management, business planning and customer relations

• Low-interest rate

• Expert financial advice available

Apply here – https://www.youthempowermentnigeria.org/index.php/2014-06-22-06-08-16

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CSN Team.

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