HERITAGE BANK TO PILOT YIEDP - HON OGHENE EMMA EGOH

Posted by on

Heritage Bank has been adopted by the Central Bank of Nigeria (CBN) as the sole pilot bank for the Youth Innovative Entrepreneurship Development Programme (YIEDP). 

The programme is aimed at harnessing the latent entrepreneurial spirit among the teeming youths by providing timely and affordable loans to implement their business ideas. This further provides a sustainable mechanism to stimulate employment, contribute to the Nation’s non-oil GDP, and address the challenge of youth restiveness.

The following categories of youth (aged 18 – 35) are eligible under this scheme:

* Serving youth corps members
* Non-NYSC (not more than 5 years post NYSC)

Qualified Business Sectors:
* Agro – Allied,
* Food Processing / Preservation,
* Arts & Crafts,
* Manufacturing / Cottage Industry,
* Information & Communication Technology (ICT),
* Construction Support,
* Power & Energy,
* Education & Financial Inclusion,
* Film & Photography,
* Automobile,
* Others 

The details below are relevant for all eligible youth:
Eligible youth can apply for the loan through this portal http://www.yiedp-hbng.com/ using his/her NYSC State Code. Applications can be made as an Individual or as a group (of 3-5 applicants with similar business interest). A single applicant can access up to a facility limit N3m while group project jointly owned by 3-5 qualified beneficiaries can access up to a facility limit of N10m. Applicants can also track application status via the same portal. 

Security: Graduate entrepreneurs will use their tertiary institution(s) certificate(s) and their NYSC discharge certificate. Serving Corp members will pledge their NYSC discharge certificate and their tertiary institution(s) certificates(s). Also, legal ownership of assets financed by the Bank and 3rd party guarantors will be requested as additional collateral from all entrepreneurs.

The application portal will be open 4 a limited period. However, you can refine ur business ideas before submission

Comments

Post a Comment

Drop your comments. Thank you

NOW ON SALE WORLDWIDE!!!!!! THE FOUR STONES - The Battle of the Four Realms - BY UCHECHUKWU DANIEL

MORE COMMUNITY HEADLINES

Image

SON ARRESTS IMPORTER WHO SPECIALIZES IN RE-PACKAGING EXPIRED PRODUCTS IN KIRIKIRI TOWN COMMUNITY

Joseph Udeh, owner of Jouf Nigeria Limited, located at No. 10 Faith Street, off Comfort Oboh Street, Kirikiri Road, Apapa, Lagos, has been apprehended by the Standards Organisation of Nigeria (SON) for dealing in the repackaging and sales of expired products. SON’s Director of Monitoring & Compliance, Engr. Bede Obayi, who took journalists round a twin four-storey building located in Kirikiri Town, Lagos on Monday said they got to know of Udeh’s dealings following a tip-off by members of the public. According to Vanguard, all sorts of expired cosmetics and household consumables were found in the flats. “We acted on the intelligence we received from well-meaning Nigerians. You can see the volume of expired products here and imagine the implication for our society in terms of health issues. When somebody buys expired cream, what does it show? You are applying cream that the active ingredient has gone and that may cause reactions on the skin. More importa...
Image

NIGERIA PRISONS SERVICE PROMOTES 10,979 SERVICE MEN/WOMEN

Controller-General of Prisons, Ja’afaru Ahmed The Civil Defence, Fire, Immigration and Prisons Services Board has approved the promotion of 10,979 personnel, including 4,075 officers and men of the Nigerian Prisons Service on Consolidated Paramilitary Salary Structure 08 to 15.
Image

TOP 5 BEST LIST - EDITION THIRTY - (NOVEMBER 2016)

Welcome to Kirikiri News Top 5 Best List (Edition Thirty) Note: This is a competitive list and it changes monthly. TOP 5 RESTAURANTS AND BAR  (1) SPOT DE ROYAL (KARIMU STREET) (2) COMMANDO RESTAURANT/BAR (AIRPORT ROAD EXTENSION) (3) KUZINE BAR (PRISON BARRACKS) (4) GODS TIME RESTAURANT (KARIMU STREET) (5) OCTOPUS RESTAURANT (KARIMU STREET) TOP 5 SCHOOLS  (1) BROADWAY JUNIOR SCHOOL (DILLION STREET) (2) TENDER CROWN EMINENT SCHOOLS (COMFORT OBOH) (3) DANVIC LEADERS SCHOOL (MAGBESA STREET) (4) EL-ELYON LEARNINGVILLE (AIRPORT ROAD) (5) DR. LUCAS MEMORIAL HIGH SCHOOL (KIRIKIRI TOWN FAMILY WAY)
Image

KOREA COMMUNITY KICKS OFF FREE CATARACT SURGERY IN LAGOS

Efforts by the Lagos State Government to reduce visually impaired cases in Lagos gained a massive boost on Monday when the Lagos State University Teaching Hospital (LASUTH), in collaboration with the Korean Community, kicked-off free cataract surgery for over 100 patients in LASUTH.
Image

AUMWO COMMUNITY UNITY CUP KICKS OFF - WAS HENRY NWOSU PRESENT?

  The maiden edition of Hon Oghene Egoh Unity football competition kicked off on Saturday 19th.Nov.2016 and there was there a sign of Ex- Super eagles international Henry Nwosu who was announced to be coordinating the Event? since many don't know how he looks like
Image

STORY SERIES: THE TRIALS OF PUNTO (EPISODE ELEVEN)

Written by U.D. Okechukwu To catch up on previous episodes visit http://reportersgc.blogspot.com /search/labels/storyseries and use the search button for quick opening. …Continued from last week Both Punto and Checheskey's parents hugged their children and pressured to find out their whereabout for days. the way they smiled made it seem that they were fine. indeed they were fine, weren't they? Before Punto took his shower at his home and rested, he spoke at length with his parents and siblings narrating everything that had happened without missing a line. Checheskey’s parents took him home without giving him a chance to say goodbye to Punto. Although both boys knew it is definite that they will meet in their usual place if the need arises.