Table of Contents Hide
How to Apply
- Fill an application form online or obtain an application form from YEN office. Application is FREE
- Two (2) recent passport photograph of applicant
- Photocopy of National Identity
- Photocopy of utility bill
- All original copies must be tendered for verification
- Two (2) guarantors: fill guarantor form and two passport photograph of guarantors (for LOANS only, not applicable to GRANTS)
- Summit a business summary or a proposal of not more than three pages to YEN office or e-mail to email@example.com
Applicants will be evaluated based on applicant business summary or proposal submitted.
- 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
- Application will be processed within ten (10) working days of receiving your proposal.
- An appointment date will be communicated to successful applicant for proposal defending.
- Successful applicants will receive cash loan/grant within ten (10) working days after appointment.
Overview of SME Loan Scheme
Youth Empowerment Nigeria (YEN) SME LOAN SCHEME
The attention of the general public, Youth Empowerment Nigeria members, all affiliate NGOS of Youth Empowerment Nigeria are welcome to partake in YEN SME Support initiative through offering of Loans with no collateral and grants to intending young business men and women. YEN is partnering with Microfinance banks and SME Agencies in Nigeria to offer loans to prospective participants. Interest FREE loans will be given to all YEN members and affiliate NGO’s.
GRANTS CATEGORIES (16years – 21years)
SCHEME A #100,000
SCHEME B #50,000
LOANS CATEGORIES (21years – 45years)
SCHEME A #300,000
SCHEME B #200,000
SCHEME C #100,000
SCHEME D #50,000
All loan categories attracts a nominal Interest rate of
5% for 3months
7% for 6months
9% for 9months
11% for 12months.
- Read about Bismart.com.ng MONEY MAKING PLATFORM
- Read aboutRead about Bismart.com.ng MONEY MAKING PLATFORM
Read about HAWKIT.NG PLATFORM
Read about SOCIALDM MONEY MAKING PLATFORM
Read about SWIFTEREST.COM
GET NEW JOB HERELIKE OUR FACEBOOK PAGE TO GET MORE UPDATES ON JOB AND BUSINESSì HAWKIT.NG PLATFORM
- Read about SOCIALDM MONEY MAKING PLATFORM
- Read about SWIFTEREST.COM
- GET NEW JOB HERELIKE OUR FACEBOOK PAGE TO GET MORE UPDATES ON JOB AND BUSINESS
READ ABOUT 86FB FOOTBALL PLATFORM
JOIN 86FB WHATAPP GROUP