https://www.youthempowermentnigeria.org/index.php/how-to-apply

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 protected]

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

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
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.

Fill an application form online or obtain an application form from YEN office. Application is FREETwo (2) recent passport photograph

National Youth Empowerment Fund Application Form 2022 Is Outk

https://www.youthempowermentnigeria.org/index.php/how-to-apply