Npower: NEXIT Loan Amount Not Yet Specified Please Ignore Rumours Online

Yes it is certain that Npower Batch A and B volunteers will be given loans at the end of their training, but at the moment the exact amount of loan to be disbursed has not been specified, loan amount will be based on the nature of your business, it is not all business that have the same amount of capital to set up, the start up capital varies, therefore every Npower Batch A and B should shun and ignore informations online given specific amount of loans to be disbursed to Npower Batches A and B volunteers.

The Central Bank of Nigeria will disburse loans based on your type of business, for instance an Npower volunteer who wants to set up a provision shop will not require the same start up capital with an Npower volunteer who wants to establish a POS (Point of Sale) business, a bigger business requires a much higher capital and a much higher loan disbursement.

300,000 batch A and B Npower volunteers will be given soft loans, which is interest free and period of repayment is extremely flexible, and it requires zero collateral.