When The Loan Will Be Disbursed

The loan will be disbursed after the Npower NEXIT training have been concluded and all business plans have been submitted to the Central Bank of Nigeria, the Central Bank of Nigeria will go through the business plans and check the loan amount stated by the Npower volunteer and start the loan disbursement process based on the figures on the business plans of the Npower volunteers.

The loan disbursement process will start when the loan is sent to NIRSAL Microfinance Bank, NIRSAL Microfinance Bank having received the loan directives will contact Npower volunteers to come for the loan, Npower volunteers might be required to present their means of Identification and their NEXIT training certificate before they are issued the loan, loan might be financial or non financial.