NYIF Loan Disbursement and Training 2021 List of Shortlisted Candidates has been released view names now. Were you among applicants that applied for Nigeria Youth Investment Fund? Names of Successful Applicants have been released – you can now check names under.
- NYIF Loan Disbursement and Training 2021
- PDF List of Shortlisted Names
- Link to check List of Successful Applicants
Federal Government NYIF Loan Programme
Nigeria Youth Investment Fund (NYIF) is initiative by the Federal government to invest in the innovation skills and enterprise of young Nigerians. The loan has a single digit APR at 5% and a moratorium of 12 months before repayment. Nigeria Youth Investment Fund was approved by Federal Executive Council in July 2020.
10k Shortlisted Youth Await Training and Disbursement across 36 states in Nigeria. After the initial pilot phase of the NYIF which saw 5,285 beneficiaries, another 10, 000 youth have been shortlisted for training after which they will be approved for funds disbursement under the NYIF.
How to check NYIF Loan Programme Shortlisted Names
Please check your name on the FMYSD website and NOYA website. Or kindly Open here.
Checks done include Age, BVN whether or not the individual has an existing government loan or received covid-19 business payments.
Training Date for Successful Applicants
All approved applicants will undergo training to ensure efficient use of the loan therefore increasing the yield and growth the loan can deliver to the intended business owner.
NYIF Payment 2021
With the successful completion of this pilot phase NIRSAL has cleared names of another 10,000 for training and subsequent loan approval and disbursement. Loans are in the range of 250k to 3million naira for now.
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