NYIF Loan 2021 Disbursement has Commenced for Beneficiaries of N165 Million Naira |Golden News

NYIF Loan 2021 Disbursement has Commenced for Beneficiaries of N165 Million Naira

GoldenNewsNg gathered that NYIF Beneficiaries has started Receiving N165 Million Naira Loan

NELFUND Officially Closes Application for 2024/2025 Academic Session

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Did you apply for NYIF Loan 2021 ? have you Checked Your Status to know if you are amongst those who recently received or got paid?

Did you apply for ongoing Nigerian Youth Investment Fund (NYIF) Loan?

This programme is under the Ministry of Youth and Sports Development and they coordinating the whole scheme to see that the youth get access to financial instruments that will help drive their business ideas in to reality.

The ministry has since coordinated the disbursement of over N165,700,000.00 to 239 beneficiaries, hope you have heard about this?

such as Ministry of Finance, Federal Ministry of Budget and National Planning, Central Bank of Nigeria and we have the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) Microfinance Bank NMFB serving as the channel through which the loan gets to the beneficiaries.

How to get NYIF Loan Approved

Filling the online application form doesn’t translate getting the NYIF but meeting all checklists and requirements

Before NYIF officials in-charge gets your loan request approved you should be willing to get trained, so the best way to get that done is to locate the training centres closer to you.

How to access NYIF loan

having a fundable business idea is the key here.
Your business should be Registered
This Loan is for citizen of Nigeria which means the business should be own by a Nigerian.
You should have an identification such as international passport or voters card/NIN and guarantors.
You don’t need to know anyone before getting the loan.

NYIF Application Form Portal Login Requirements

Interested applicants are to note the following information before applying.

Applying as an Individuals or sole proprietors you must:

Be within the ages of 18 to 35 years and
Have operational businesses in Nigeria.

How to Apply for NYIF Registration Form 2021

Section 1: Go to NYIF portal: nyif.nmfb.com.ng/Applicants/New
Section 2: Fill in your First Name, Middle Name, Surname Name and BVN.
Section 3: Enter your Phone Number, Residential Address. Residential State, Residential State LGA, Gender and E-mail Address.
Section 4: Pick your Geo-Political Zone, State of origin, LGA and Educational Level.
Section 5: Select Preferred Training Center, How did you hear about NYIF?, confirm your information are true before submitting.

The Nigeria Youth Investment Fund (NYIF) application portal is free of charge.

About Nigeria Youth Investment Fund (NYIF) Programme

Nigeria Youth Investment Fund (NYIF) was established in 2021 by the federal government.

What does the NYIF Do? The Nigeria Youth Investment Fund is vision into giving out N250,000 – N500,000 grant to every young Nigerian under the age bracket of 18-35 years.

The NYIF application form portal is now open for interested candidates to apply.

When is NYIF Application Portal Closing date?

The closing date for these NYIF application form is on the NOT YET SPECIED.

NOTE:

No training fees
Online training only
Training duration -5 days.

NYIF Loan Application Portal

The report reaching us have it that NYIF Loan registration portal is currently open for NYIF shortlisted (pre-qualified) candidates to apply for the NYIF loan Programme, by clicking the link: nyif-nmfb-com-ng-app.