Ads: Get Admission into 200 Level and Study any Course in any University of Your Choice. Low Fees | No JAMB UTME. Call 09038456231

Sterling Bank YIEDP Programme 2020/2021 and How to Apply Online | Latest Updates

Filed in Education by on February 21, 2020

ADS! Obtain N300,000 Cash Grant for your Education Now


Score 370 in JAMB Now with CBT Practice Software


Sterling Bank YIEDP Programme 2020/2021 and How to Apply Online | Latest Updates.

Sterling Bank YIEDP: If you’ve been searching for information on how to apply for The Sterling Bank YIEDP Programme 2020, this article will be all you ever need. Kindly read on as we provide information about the conditions for eligibility and the process of Application. 

Sterling Bank YIEDP Programme 2020/2021 and How to Apply Online | Latest Updates

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 (https://www.sterlingbankng.com/yiedp/) 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.

IMPORTANT! Currently, this Programme for 2020 is not yet out online, DISREGARD any form of advert you come across. This page will be updated immediately the form is out.

What’s your take on this? We believe this article was interesting right, if yes, don’t hesitate using our share button below to inform – friends and relation via Facebook, twitter or Google+.

CSN Team

Enter your email address:

Delivered by TMLT NIGERIA

Join Over 500,000+ Readers Online Now!


=> FOLLOW US ON INSTAGRAM | FACEBOOK & TWITTER FOR LATEST UPDATES

ADS: KNOCK-OFF DIABETES IN JUST 60 DAYS! - ORDER YOURS HERE

COPYRIGHT WARNING! Contents on this website may not be republished, reproduced, redistributed either in whole or in part without due permission or acknowledgement. All contents are protected by DMCA.
The content on this site is posted with good intentions. If you own this content & believe your copyright was violated or infringed, make sure you contact us at [[email protected]] to file a complaint and actions will be taken immediately.

Tags:

Comments are closed.