Npower nexit training for next set will start after certification is completed - Npower

The next batch of the Npower Nexit training for the soft loan disbursement will start after the certification of the business plan is concluded, the business plan which was prepared and adjusted on behalf of the Npower volunteers by the Npower Nexit training consultants have to be certified, before the soft loan is disbursed, the certification process is the last stage of the soft loan disbursement process, once the business plans of the first set has been certified by the Central Bank of Nigeria then the second batch for the Npower Nexit training program can commence.

The business plan certification is a process whereby the business plans submitted by the Npower Nexit training consultants are approved after the business plans have undergone series of scrutiny, after the certification process the next stage is the documentation process, under the documentation process, copies of the business plans are filed and stored for reference purposes by the Entrepreneurship Development Institutes.

The last stage is the loan disbursement stage, after the certification of the business plan by the Central Bank of Nigeria, the soft loan is sent to NIRSAL Micro Finance, and from NIRSAL Micro Finance Bank the loans are provided to exited Npower volunteers either in cash or in kind, to set up a lucrative business of their choice, soft loans will be repaid within 7 years from the time of disbursement of the soft loan.