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CORPERS LOANS







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Are you looking for Loan?
Do you have a skill?

Is money your problem?

Are you looking for accommodation?

You can come out of service and become a boss.
Just invest and plan very well.


Corpers wee o! Loans for Corpers.


You can take a loan for your business and for accommodations problems.



Bank of industry (BOI).





Bank of industry offers Corpers Loan throught Graduate Entrepreneurship Fund (GEF) programme those servicing the country for one year NYSC Loan and Graduates through the Youth Entrepreneurship Support ( YES) Programme.






Bank Of Industry (BIO) is the oldest and largest Development Finance Institution currently operating in Nigeria. It is owned by the Ministry of Finance Incorporated Nigeria, the Central Bank of Nigeria and private shareholders. BIO focuses on youth Entrepreneurship,women empowerment etc.BIO was actually set up with a view to ensure that industrial production is encouraged, as well as, and value creation. Some of the functions of BIO is to Provide Business Support, to Disburses Funds To The Suppliers Of Equipment, to
Finances Plant And Equipment,to Help Businesses Source For Working Capital Requirements, help to lend to start up businesses.






How to register and apply





Check this website


https://www.boi.ng/apply/register

Mail gedom@boi.ng for more information.










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QUICK LOANS FOR CORPS MEMBERS






#EMPOWER THE CORP

Fiance small businesses, professional certificate, commercial and lifestyle product. cater for the financial needs of the Youth Corps Members while in service to our great country - Nigeria.




The Empowering the Corps (ETC) Programme was developed by Credit Direct Limited

These packages is for Corps Members to

ACHIEVE MORE
Corps Members can achieve Whatever they want during the course of their service year by ensuring that they have access to quick and affordable credit facilities through Credit Direct;
ENJOY SERVICEABLE LOANS
Corps Members will never be bogged down with paying back heavy loans as our packages are affordable and light to repay;
BE COVERED BY MICRO-INSURANCE
Corps Members are covered by micro-insurance in case of mishaps which may occur during the service year;
ADVANCE THEIR CAREERS
Corps Members can dutifully plan their future by obtaining financial aid to advance their careers or become entrepreneurs from a very early stage








ETC PRODUCTS


#Biz Starter Package(BSP)-


This package is tailored to assist corps members who have the entrepreneurial spirit and are interested in starting small business during their service . With this package, corps members can easily get money to start up small businesses which can generate income and also create employment opportunities around them. This package gives you access up to N50,000 payable over 9 months period in service.

#Cash package (CP)-

This package allows crops members with other particular needs. This package is repayable over 9 months in service.

#Asset Loans- Get commercial and lifestyle or commercial assets while in service. Live a life of your dreams. Start a small business and see success.

# Certificate Loan-


Get a new qualification while in service. You need the added certificate.





REQUIREMENTS







Copy of NYSC ID Card

Copy of Attestation Letter from SAED( only for Biz Starter Package)

Photo of Corp Members Face( frontal selfie showing fullface)

Photo of corp member wearing full NYSC uniform.


Copy of posting letter signed and stamped in your place of primary assignment or alternative provided your signed acceptance letter written on letterhead paper from your place of primary assignment

Copy of completed letter of undertaken clearly signed and dated by corps members. You can download the letter from www.empowerthecorps.com.ng

Copy of valid ATM Card for the youth corps account











These documents should be scanned or photograph and uploaded into our loan portal on https//portal.empowerthecorps.ng during the loan application.




Head office 48/50 Isaac John street, Ikeja GRA.

Call 014482225, 0700Creditdirect

Email - etcsolutions@fcmb.com


INTEREST RATE FOR ETC



It is 3.25% per month on any amount of loan collected and on an allowed maximum payback period of 9 months with no extra charges – affordable and light to repay.


How Long Does it Take to get the Loan?
Once you provide all the necessary requirements certainly maximum of 24 hours immediately your application request has been received and approved. You'll get the loan.





NOTE:





Over the years, corps members from different parts of the country face various financial challenges when they are being deployed to another state. Credit Direct Ltd partnered with NYSC scheme to help all serving corps members.

The maximum amount a corps member can apply for is N45,000 which has been determined by corps members salary.
To apply for a loan between N46,000 and N100,000 (i.e. the business starter package), corps member will need a letter of Attestation from his/her SAED coordinator.
To obtain any of these loan packages, corps members need to visit ETC website and also join ETC social network on social.empowerthecorps.com.ng and complete the registration.
When registering on the ETC website (not the social network now), corps members should make sure all the details that will be provided (email, phone number, first and last name etc.) are the same as the ones submitted to the NYSC when registering for mobilization back in school or when corrections were made in camp.








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A Borno State Serving corps individual from the National Youth Service Corps (NYSC) simply answered to the plan after he was credited N198,800 rather than N19,800.




















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