N-EXIT: WHY YOU SHOULD NOT MISS Covid-19 LOAN FOR N-EXIT LOAN
Some N-EXIT Applicants who got called to receive Covid-19 Loan were scared to receive the loan in order not to miss the N-EXIT loan. It is better to receive the covid-19 loan than to miss the loan if really you are going to put the fund into use for business purposes so that you will be able to pay back the loan.
Note that the Management of N-EXIT Programme has not given any update stating that beneficiaries of the covid-19 loan will not benefit from N-EXIT loan.
Both the Covid-19 and N-EXIT loan is to be utilized for business purposes, it is not the usual N-Power Stipends that Exited N-Power Volunteers use to receive. When you are opportuned to benefit from any of the mentioned loans, you are expected to invest the money into a sustainable business venture in order to make profit and payback.
Whichever loan you are called to receive make good use of the opportunity rather than letting it go. There are well-established businesses that can repay both loans. Nevertheless, if your business does not require a huge capital, go for the loan you can repay.
The interesting thing about the N-EXIT CBN Empowerment options is that apart from the financial or monetary aspect, there are also other training that N-Power Applicants will benefit from.
Note that the Management of N-EXIT Programme has not given any update stating that beneficiaries of the covid-19 loan will not benefit from N-EXIT loan.
Both the Covid-19 and N-EXIT loan is to be utilized for business purposes, it is not the usual N-Power Stipends that Exited N-Power Volunteers use to receive. When you are opportuned to benefit from any of the mentioned loans, you are expected to invest the money into a sustainable business venture in order to make profit and payback.
Whichever loan you are called to receive make good use of the opportunity rather than letting it go. There are well-established businesses that can repay both loans. Nevertheless, if your business does not require a huge capital, go for the loan you can repay.
The interesting thing about the N-EXIT CBN Empowerment options is that apart from the financial or monetary aspect, there are also other training that N-Power Applicants will benefit from.
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