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Home Grants

Apply Loan For Businesses At National Alliance For Poverty Eradication In Nigeria (NAPE) N50,000 to N200,000.

by admin
October 11, 2021
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Apply Loan For Businesses At National Alliance For Poverty Eradication In Nigeria (NAPE) N50,000 to N200,000.
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The National Alliance for  Poverty Eradication in Nigeria (NAPE) is a non-profit making group and it was driven by Nigeria’s youth concern for economic growth, support
for the industry, innovation and infrastructural development, food, security and eradication of hunger and poverty totally, this need has to do with the new Sustainable Development Goals, to be specific the SDGs:

  • 1 (No Poverty),
  • 2 (Zero hunger), and
  • 3 (industry, innovation and
    infrastructure) which call for ending of economic recession, extreme
    poverty, hunger, rapid improvement in innovation by 2030 in the World.

The NAPE Softloan is an encouragement package to support individual and corporate organizations with loans to boost their businesses which are affected due to the economic recession.

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NAPE Softloan has been initiated in order to attack global poverty through the nations alliance on Poverty Eradication.

The National Alliance for Poverty Eradication in Nigeria offers an opportunity to refocus national attention on;

  • poverty reduction cooperation,
  • recommit resources to people’s livelihood areas, such as
  • poverty eradication,
  • education,
  • health and
  • infrastructure, and galvanize
    the necessary financial and technological support for the state.

It is also imperative to end gender discrimination and bias in all forms, and
create conditions for lifting women, who account for over half of the world’s poor population, from poverty.

NAPE vow to support individuals and corporate organizations with loans;

Nigeria will overcome the challenges brought by COVID-19, and lift all rural residents living below the current poverty line out of poverty within this year, thereby meeting the target of eradicating extreme poverty set out in Agenda 2030 ahead of schedule.

Nigeria’s achievements show that no country or nation is destined to be poor. Nigeria can end poverty, so can other developing countries.

Categories of Loan

The loan have been classified into two categories;

  • Personal loan (Individual):
  • Corporate loan (Business):

Personal/Individual loan

A personal loan is one of the most popular installment loan options because it can apply to a wide range of situations.

Basically, anytime you need money for paying off sudden expenses such as medical bills, School fees, or home appliances, a personal loan can be the right
solution for you.

They are also a popular option for people looking to consolidate their debt.

The minimum loan is N50,000 while the maximum loan is N200,000.

Corporate/Business Loan

This is a loan offered to corporate organizations registered with corporate affairs with bank accounts in order to support the business in boosting their productivity. The minimum loan is N100,000 while the maximum loan is N500,000.

Repayment Period: Up to 2years

Requirements

  • Means of identification (i.e. photocopy of International Passport or Driver’s License or National Identity Card or Permanent Voter’s Card)
  • BVN
  • Valid Phone Number
  • Email address
  • Statement of purpose of loan
  • Certificate of Incorporation (CAC) for Business loan
  • Tax Identification Number for Business loan

The NAPE SoftLoan Advantage

We provide fast affordable financing that meets your needs.

  • No hidden fees
  • No prepayment penalties
  • No origination fees

How To Apply

Interested and qualified candidates should,

Note:

Note that no one can access funds in your account by just being in possession of your BVN details just as nothing can be done with any other of your identity cards. But picture your BVN as a gateway to your finances and never post your BVN on public forums, social media and you shouldn’t give it out to any person, app or entity you can’t trust.

If anyone calls you on the phone or sends you an email/text, requesting for your BVN and you are having doubts, reach out to your bank/financial service provider and ask them directly if they need your information.

As the elders say, a word is enough for the wise. Ensure you protect your BVN and other Personal Security Details – it could save you a lot of stress, and money.

APPLY HERE

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