Applications Open for 2022 National Social Empowerment Program (NSEIP)

Applications are now open for 2022 National Social Empowerment Program (NSEIP)

 
The National Social Empowerment scheme in Nigeria is a grand attempt to provide microfinance and complementary economic services through social Empowerment systems.
The objective of this programme is to provide small loans and grants to small-scale traders, students, youths or artisans, groups that usually cannot access loans or credit through banks and traditional financial institutions.
It was created to provide zero-collateral soft loans to individuals, traders, artisans and farmers, aiming to improve their standards of living by expanding their businesses..

Target And Disbursement

• The NSEIP is targeted at benefitting a minimum of 500,000 Micro, small and medium enterprises on its first run.
• The program was designed to fund the smallest of these MSMEs, who rarely have the means to access credit from banks or other traditional means.
• This procedure reduced inaccessibility to the credit to the barest minimum.

Eligibility Criteria

1. Government issued ID
2.  National Identification Number
3. Applicant must be withing the age of 18-55
4. Applicant must be a resident of Nigeria.
5. Applicant must possess a functional commercial bank account in Nigeria.

Click here to apply: http://nseip.com/apply/
 

Apply Here