-
Loans to socially and economically
disadvantaged young people between the ages of 18
– 35;
-
Small scale business loan available
towards start up;
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Low interest rates which allows
business to utilise the additional cash generated;
-
A mentor from the business communities
who encourages and gives sound business advice to
loan recipients;
-
Direction to those better suited
for employment or further training.
Application Requirements
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Be 18 – 35 years old;
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Have left full-time education;
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Unemployed or underemployed;
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Be a citizen of Nigeria;
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Satisfy the YBI that you have
the skills and technical competence to operate the
proposed business;
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Satisfy the YBI that you are
unable to raise the necessary finance from other
funding sources including family;
-
Have applied for licenses and
fulfilled statutory requirements for the business
proposed;
-
Prepare a good business plan
for evaluation by YBI.
