Attah stated that the loan, which would be given in collaboration with the bank of Nigeria, and small and medium enterprise development agency of Nigeria would be made available to corps members after they had undergone skill acquisition entrepreneurial development pogrammes.
The Coordinator of the National Youth Service corps in Osun State,Mr. Emmanuel Attah has said the Federal Government has made plans for corps members with good business ideas to get loans between N200,000 and N2m to start their business after NYSC.
The coordinator said this during the skill acquisition and entrepreneurial development inter-platoon competition and exhibition at the NYSC orientation camp in Ede, Osun sate on Tuesday.
Attah said, interested corps members, who have undergone the SAED programme will be; given loans of between N200,000 and N2m after the service year.
The Loan will be; interest -free and the NYSC discharge certificates of interested corps members, who apply for the loans,will be; used as the collateral.
The discharge certificates will be; subsequently returned to them after repayment of the loan,which has no time bound.
The Skill acquisition programme will empower corps members after the service year to be; self-employed and also be employers of labour.
This will also reduce their involvement in criminal activities.
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