NEXIT Loan Disbursement To Come Up Soon

 

According to Felix Ayorinde one of the exited Npower Batch A volunteer representing the Lagos State Npower exited volunteers, information concerning the NEXIT soft loan disbursement will be coming up soon, see image below.

Although the soft loan disbursement is supposed to commence after the next batch of the Npower NEXIT training, as Npower volunteers await the second batch of the Npower NEXIT training, Npower volunteers that have completed their NEXIT training are to stay tuned for updates regarding the NEXIT loan information coming up soon.

The soft loan disbursement will be provided by the Central Bank of Nigeria to successful Npower volunteers that have completed their training and their business plans have been completed and submitted to the Central Bank of Nigeria, failure to complete the business plan will prevent the Npower volunteer from receiving the soft loan, business plan do not only have to be completed but must be submitted to the Central Bank of Nigeria through the Npower NEXIT training state coordinators.

The soft loan amount ranges between ₦500,000 to ₦3,000,000 payable in seven years from when the loan was disbursed.

Npower volunteers will be contacted before the soft loans are being disbursed, Npower volunteers will be contacted through their Micro Finance Bank NIRSAL after the soft loan disbursement process have been completed.