How NYSC Corps Members Can Get Business Loan And Grant 2024
In today’s latest NYSC Loan news, we will discuss some institutions that can offer Corps members business loans and grants. So keep reading!
As an NYSC Corps Member or a prospective Corps Member, it is essential to know the benefits of participating in the Skills Acquisition and Entrepreneurship Development training in NYSC orientation camps.
One benefit is that you can access some of the available loans and grants offered by NYSC and its partners.
Management of NYSC introduced Skills Acquisition and Entrepreneurship Development training into its Orientation Course content in 2012 to empower Corps Members with relevant skills that can make them financially independent instead of searching for unavailable salaried jobs.
NYSC always encourages Corps Members to learn at least a skill while in camp and thereafter follow up with post-camp training to perfect their skills for better output.
How NYSC Corps Members can get Loans:
NYSC is in partnership with many financial institutions like the Central Bank of Nigeria (CBN), Access Bank, Unity Bank, Bank of Industry (BOI), and NNPC Foundation among others that are ready to offer loans for you to start your businesses.
Given all these, a Corps Member can apply for a business loan or grant when the management calls upon them to submit funding applications directly via the department that handles funding issues or via any of their partners.
Many of the NYSC Corps Members who benefited from this offer before are now business owners in different locations across the country.
Serving NYSC corps members can get loan via the Fidelity NYSC Loan Portal. The Bank has made it possible for serving members of the National Youth Service Corps (NYSC) to apply and get instant loans disbursed into their accounts to meet their financial needs.
NYSC Corps members can get business grants through various programs like the Access Bank PLC Accessprenuer Competition and the latest Wema Bank NYSC ALAT Accelerator Program which you can view here
NYSC corps members can also access loans via the NYSC Foundation which is a non-governmental organization.
