Here is the latest news on NYIF loan disbursement for April 4, 2022.
Olainfo has learnt that, NYIF applicants are receiving email messages from the NPF Microfinance bank based on their partnership with FMYSD on NYIF Loan scheme. This information has been verified and its valid , based on the email invitation sent out to some NYIF applicants selected for the fund.
Read email sent below:
Dear NYIF Beneficiary,
The Federal Ministry of Youths & Sports is partnering with NPF FB Plc as one of the Disbursing parties for the National Youth investment Fund (NYIF) nationwide.
Your name/SME has been forwarded to us as one of the successful beneficiaries. You are therefore required to either:
Visit NPF website www.npfmicrofinancebank.com to open an account.
Through bank’s USSD *5757#
What to Do After Opening Account With NPF Microfinance Bank
Once you have opened an account with a Nigerian Police Force (NPF) microfinance bank, immediately go to any NPF branch near your location as listed below.
What to do after opening an account with NPF Microfinance Bank
The Nigerian Police Force (NPF) office will facilitate your funds and deposit them in your account within 14 days or less.
NYIF Loan Disbursement – Simple Steps To Check NYIF Loan Status
The Nigerian Youth Investment Fund (NYIF) was set up last year by the federal government to support young Nigerian entrepreneurs looking to start their own businesses.
simple steps to check your loan status on the official NYIF portal.
Applicants who have successfully completed online entrepreneurship training should take the following steps to check the status of their loan:
- Applicants are to Visit the NYIF portal nyif.nmfb.com.ng.
- Provide your login details in the NYIF dashboard(Username and Password).
- Then Click on Check Loan Status.
A diaglog box will appear showing your loan status if approved or still pending.
How To confirm If Your NYIF Loan Has Been Approved
- Login to the NYIF official Website https://nyif.nmfb.com.ng.
- Provide your username and password.
- Click on 2021 NYIF loan Beneficiaries.
- Download the PDF list of successful persons and check for your name.
- Visit the NYIF portal https://nyif.nmfb.com.ng/app.
- Provide your login details[Bank Verification Number(BVN)]
- Then click on Validate.
All applicants are advised to check their NYIF dashboard and email. Postal address to determine if their loan has been approved.
NYIF Application Form 2021/2022
Are you interested in NYIF application portal? Then proceed to the required qualification on NYIF official website before applying (nyif.nmfb.com.ng)
NYIF Application Form Portal Login Requirements
Interested applicants are to note the following information before applying.
Applying as an Individuals or sole proprietors you must:
Be within the ages of 18 to 35 years and
Have operational businesses in Nigeria.
How to Apply for NYIF Registration Form 2021
Section 1: Go to NYIF portal: nyif.nmfb.com.ng/Applicants/New
Section 2: Fill in your First Name, Middle Name, Surname Name and BVN.
Section 3: Enter your Phone Number, Residential Address. Residential State, Residential State LGA, Gender and E-mail Address.
Section 4: Pick your Geo-Political Zone, State of origin, LGA and Educational Level.
Section 5: Select Preferred Training Center, How did you hear about NYIF?, confirm your information are true before submitting.
How to Download NYIF Application Form
Below here is the steps to download NYIF Application Form for the loan programme.
On your browser, type the following url or just click on the link below:
Just wait for a seconds for the page to load so, click on login button.
Select your Business Category to Proceed.