Are you a Member of the National Youth Service Corps (NYSC) or ex member seeking a government loan to kickstart a business in Nigeria? If ‘yes’, this article provides you with the guide on how to apply for the NYSC business loan in Nigeria. Read on to discover the eligibility criteria, benefits, and the application process. You may also like to read how to apply for NYSC foundation loan in Nigeria.
What is NYSC Loan?
The NYSC business loan is a unique opportunity facilitated by the Central Bank of Nigeria and Heritage Bank, in collaboration with the Youth Innovative Entrepreneurship Development Programme (YIEDP). This initiative aims to empower graduates by providing financial support to start businesses, fostering self-employment, and creating job opportunities.
Eligibility Criteria
To qualify for the NYSC business loan, applicants must meet the following criteria:
- Age bracket of 18 to 35 years.
- Serving Corps members or ex-Corps members (within 5 years of post NYSC).
- Must have a feasible business idea.
Loan Amounts and Categories
Individual applicants can access up to N3 million, while a group of 3-5 applicants can apply for a loan of up to N10 million.
Eligible Business Sectors
The loan is available for businesses or business ideas in various sectors, including Agro-allied, Technology (ICT), Automobile, Power & Energy, Film and Photography, Construction Support, Education and Financing, Food Processing, Information and Communication Technology (ICT), Manufacturing, Cottage Industry, and others.
Application Instructions
1. Apply through the official portal.
2. Use your NYSC State Code for the application.
3. Apply individually or as a group of 3-5 people.
4. Individual applicants can access up to N3 million, while groups can access up to N10 million.
5. Submit one business idea at a time.
6. Track your application process through the portal.
Collateral Requirements
Applicants must provide specific documents, including Tertiary Institution Certificate, NYSC discharge certificate, or a pledge if still serving, and additional documents if assets are financed by other banks.
Application Process
1. Visit the official portal: https://www.yiedp-hbng.com/
2. Register by filling out the online form.
3. Submit your application.
4. Await an official review from Heritage Bank.
5. Successful applicants will be contacted, and funds will be deposited into their bank accounts.
Conclusion
The NYSC business loan is a golden opportunity for young entrepreneurs to turn their business dreams into reality. Act now by visiting the official portal and applying for this transformative program.
Remember, the application process is free, and the portal will be open for a limited time. For more information, check out the NYSC Foundation Loan program. Seize the chance to kickstart your entrepreneurial journey.
I am serving, need to load to start business
I need the loan to boost my business
Am a servings corps member I need a load to setup a business pls help me
Dear Heritage Bank
Thanks for this opportunity given to the youth across Nigeria. We do appreciate it a lot
We will always abide to the rules of the loan
After reading the whole explanation and eligibility, I come to realize that there is link in the page to access the loan application form in other to process the loan application online. This loan will go a long way to help us. There are business ideas but no capital to bring it up. I have a business I am doing but it is not as I want it to be because of lack of capital. We will love this if you can help us with the loan to build it up and you will not regret doing this favour for the corpers and the ex-corpers
If a link can be provided for us to apply, then it will be a great work you’ve done
I look forward to your response on this
Thanks
Kind regards
I need this loan as to expand my food vendor business I have started already while serving,am a serving corps member
Please I need nysc Whatsapp group for grants, loans, job opportunities…
070630131290
I’m serving corp member, please I need the loan in order to improve my business. I will be much grateful if my request is been considered, thank you.
I need the loan to improve my business iam a caterer and also I have a terminal in my shop already but my capital is not sufficient for my customers
I need this loan to improve my business
I’m a serving corp member I need a loan to start farming. I want to train ram, goat and turkey if they will give me enough money
I need this loan in other to improve my Business.
My shout-out to you heritage bank for this opportunity given to the youths to start up or expand their business. I also need this loan to start up a pure water factoy. I have a piece of land in a very prominent position suitable for the business. How can I access your help?
I need this loan in other to improve my business and to be self-reliant
I need this loan in other improve my business and to be self-reliant
Sir I want that loan, I want to start my business, my business is technology. Gaskiya if I get that loan I will gland. Of you sir
I need this loan.because I want it seriously to improve my business
Please i wànt the government to help me with loan to start up a business for my self
Sir I am into shoes and bags making I need a loan to burst my business thank you
Good morning Sir. I’m really interested because I have knowledge on the Block industry which I have doing right now, but I need more capital to grow up, now I have everything and I producing the best, why I need more because of the price of the material now in this country, before Cement is 1700, per bag now is #3500, while Gas is #275, per liter, through these issue were not be able to improve the business. I’m a serving Corp member
I really need this loan, I’ve been trying to apply for it but to no avail. No body around me seems to have any idea on it please help me out
Good day. Please I will be so glad if I can get an opportunity to have this and start up my business. I have so much interest in venturing into Agriculture and I have a piece of land which is just money to grow it up that is delaying me. Please kindly help me to out in getting this loan. Thanks
I’m an ex corps member I want to go into selling Pheng materials and ceramics tiles, marbles etc.,so I need the sum of N3m to run the business it’s a very lucrative business and the location is an area where there is no competition. I will be the only one selling in the district not too far from the Yenagoa metropolis.
Please I need this loan to start a business
I am a serving corps member. I do buy cow and sell as well rearing business so i need this loan.
I was really interested to have the opportunity to receive the loan so I can improve my own business,so I can became self dependent and with time I can employed other, please sir I am really interested, I am praying get this great opportunity, thank
I really need dis loan to improve on my agro allied business.thanks in anticipation
The site isn’t responding for long
Good morning, sir.
Please I need the loan to improve my business. I will be happy if I get it.
I promise I will pay back.
Thank you sir, for accepting my request.
Since I was true with nysc no job,please favor me to get the loan
I need a loan to expand my business pls
I really need this loan so that I can start a business and I have the idea
I need a loan to start up a business I have a business plan already please you help with a loan
I really need this loan to start up my business. The website provided above is not going through.
Am in need of the loan to expand my existing business
Please I need this loan
I really need this loan.
I will be so glad if the loan is true,am into raw food business and also a serving corps member presently I tried to access the link but not accessible
I will be grateful if federal government can be able to prove this opportunity to we the youth to be true
I have a business idea but I don’t have the capital to start up a business
I’m in need of money to start business and I have the idea but the capital is the problem
In fact i need money
How can I apply for the loan. I have a very good business idea but no capital to implement it.
please I need a loan how can I apply
Please I need loan to build my business and I pass out 2020
I need too
I passed out last year and am interested in the loan pls how can I apply
I learnt a trade after my NYSC last year, a building material business but start up capital is now my challenges how do I apply for the NYSC loan
We have a fish farm, the problem now is that I need my own farm for myself. Pls help me
I have applied for atleast 20 FG different loans or so, but I didn’t get anyone.
I have a business idea, plan and desire of business but the capital to start.
Just I want to
How can I apply
Dis ple r just deceiving d youth, dey dnt av any money to lend out but dey av d money to be embezzle by dem self.
Scatter Nigeria…..ish
Dis ple r just deceiving d youths, dey dnt av money to lend d out, but dey av d money to be embezzle by demself….ishhh
Am a fermer ineed money to promoto my business
I’m seriously in need of the loan any help please
How can I apply
How do I apply for loan pls?
I need a loan for federal government
How do I access the loan. The site is not working
I am into agro business. Please I the loan to expand my business.
Please how do I access the loan
Hello,I am a Fashion designer and am currently serving, I really need this loan to enable upgrade my sowing machines, and take my business to the nest level.
Am into soap and cosmetic,I need guidance on how to apply for the loan
I need a loan,to enable me finance my paint production company. I passed out on March 2020.
Is this LOAN real, if it is, nice one Fg. I deal with CARNEL, for the production of what we call groundnut oil, I need money raised the business
I am into buying and selling of goods please how can I apply for the NYSC loan to add to my little capital, I really need help financially. Am also a corper, am passing out october.
Help business
I am into poultry farming, I need financial support to invest more so that I can employ others
I want implement the ideas gain in SAED training on cosmetology only the capital is the problem. How can I get the loan
How can I apply?
Please how can I get a job in ncc
Sorry sir I have a business in Lagos and I want you to help me.
Please I need this loan, I served in 2017/18 up till now I am still unemployed. Please how can I go about this loan?
Pls I want to apply how will go about it . thanks
I will be glad if I could get this loan to start a business
I am currently a farmer, farming rice and maize, I need the loan to expand my farm.
Thank you.
Iam interested pls
I would need the loan for agro business. Importantly this rainy season.
The publisher of this news is a responsible fool. This is how u guyz confuse ppl, taken every single serious bizness for granted. How can u be joking with pple at dis critical tym wit a fake domain portal dt doesn’t exist. Zoo country with zoo mentality
business
How do I go about the application pls
I guess the loan site is c!osed, cause I’ve been trying to access it but it’s been futile
Please will like to know the correct site/portal for application because the one (domain) provided in this publication is for sale.
thanks.
Please can someone give us the accurate strategies to apply for this said loan
Please am currently serving how do I asses this load
Please how do I apply for the loan
I’m corper member now idow my servece I so more happy this loan,if I penish my servece I start pultry business in my area have you get shi loan.
Is the loan accessible now if yes please let me know in other not fall into fraudsters I really need this loan
Please is the loan still on if yes how can i apply because i tried opening it but its not opening
I need this loan for setting my business palm oil
My name is mgbom uchenna Benard served at akwa ibom please I seriously need need this loan to start foodstuffs business and transportation business 08136021441,08106006122
Business
I need this loan, how can i register for it/
Please is the portal still open for application
Please is the portal still open,I want to register.
How can we apply for the loan
Please sir is the website open now?
Please where can i see the procedures for applying for the loan, as you said that you have shown us how to apply before? Best regards
please when will this application start and the application website. Am into agro-allied
We have shown you how to apply. The portal will open on 26 June
Please its passed 26 and its not opening what can I do?
Please sir I can’t access the portal, what should I do next
What’s the commencement date for the loan application? Secondly, when is the deadline for the loan application? Let’s I forget, please what’s the link or website for registration? Thank you as I humbly wait for your response.
when does this program started, and when will it end?
I really do need a loan….am into production of liquid soap …hypo…etc
For North East indigenious corpers; Do not even try. This is not true, wallahi.
And, even if you keep trying you are just deceiving yourself.
What is the interest rate like if any ??
Can I go to heritage bank and apply for this loan?
I’m an ex- corper , finished this year 19A .I’m really interested in the loan , I will so happy if granted !!
Yes I have idea on my business (communication centre) and am a serving corps member am interested in the loan how can I get it??
Pls how can I login,the account is not opening sir
Am interested, but the site is not working. How can I get access to this?
Am interested in the loan how can I apply?
Am a corp member still serving. Please how can I get the loan? And am ready to meet all the criteria stated.
Is a good innovation but the portal is not going through.
Sir I need the loan to start up my leather foot ware production, aside from heritage bank, which other banks are partnering directly with CBN. Please I need this loan, thanks.
Am interested in the loan and how can apply for it please help me out with it
I am interested in the loan in order to participate in the area of Agriculture as reason approaches. Though, I am an ex-corp member that completed the service in 2019
Am interested in loan please help me to get it
Am interested
Iam also interested.how can apply
I’m interested thanks
Am also interested
How can I access the NYSC CBN loan?
How can I access the website
Lo really need the loan to grow my business
Please I am interested in the loan and it is urgent for me smto see, how can I apply for it, and when is it going to ready?
If the loan is truely giving to ex corpers or the existing ones it will really help
I am interested in the loan. i tried login to the main site but it is not active. How can i access the loan please?
Interesting, if really Corp members can access the loan it will assist and help this country to reduce the rate of poverty and unemployment. It’s welcoming development.
…Please how can I apply for this loan?
How can someone get a current business plant?in Automobile.
How many months or years will it take before i pay off d loan and how will i return the money
For CBN loan for Corpers, it is usually 7years
How can I apply for the loan???
Am also interested on the loan
My name is Alhaji jaudo Bose I’m graduated of management information technology I hope I get this loan I want to establish my business I’m a international business man. I supplying Gypsum from yobe state to Sokoto cement please I need you help me about my business I’m proud of business more than anything thanks. My number 07033361465 / 07067769976
Please I am interested in this loan_____How should I go about it.
Can’t access the portal.
I started reading about serving corpers / Ex-corpers CBN loan scheme before going for NYSC but till now yiedp-hbng.com/ is still not responding or should i just go to Heritage bank and make enquiry (ies)..
God help us because i/most of us need the loan to start something real and profitable.
Go to Heritage bank and make enquiries. You can also give us feedback after making the enquiries.
How can I get this loan from CBN
I need to no how to access this loan can you help me, please do.
I tried checking the link, it’s not going through. I need the loan, kindly update me on the process of registration.
I need your guidance in accessing the loan. The business field is agro Allied
Am chinedu ifeoma precious how can I apply for the loan
Please I need a loan to esterblish a lucrative business in the field of agro allied my phone no: 08135298039
is this site actually real?I really need loan for my automobile business
FG is an advance yahoo yahoo ..legit
Why do Fg keep promising and failing N.youth each minute and every sec.?
Hi Am ibeh Blessing.l will like to make enquiry on how to apply on NYSC loan
Am interested in the loan. But, I can’t access the site, what should I do?
Good development In our dear country
Hi, I have a business idea and I enquired from CBN for details about the loan, before applied for the said Loan since August yet nothing has been done. The loan is it real?
I am currently serving coper at kano state and I am interested for the loan, and I have the knowledge of computer/Agricultural how do I do pls?
I’m currently a serving Corps member in Nasarawa state. I’m interested in this loan and will want to be a beneficiary.I have good knowledge in agriculture and transportation which I’ll like to invest into if given the opportunity. But I can’t access the site now. http:www.yiedp-hbng
com/
What do I do?
Please l need it, how can I apply
Please I also need thisloan How do I go about it
I have clicked the link but it’s not opening for registration.
My name is Maryam Ibrahim magayaki,am from Niger state,I schooled at Maryam abacha University Niger republic,l hope I get this loan,I want to establish my catering work and saleing of hand bags and shoes,so I can help my family and also those whom want to learn hand work.this is my number 08069405283
Please I need update concerning the loan.
Hi sir,thanks for the information,but the website link to the loan application seems not correct as it diesel open in the browser,maybe you may please update thanks
My name is okoli Evangeline chiamaka, am from anambra state, I schooled at Niger state polytechnic zungerun bida,I hope I get this loan, I want to established my catering work and make up, so I can help my family and also those who want to learn hand work.this is my number 08120294801
My name is haruna Bala usman I need and I 2019batch a
I am batch c 2018 stream 1corp member, please I really need the loan to up build my business and to also help others by employment..
my name is Atane blessing from Edo state,a graduate of auchi polytechnic, Edo state,serve at ekiti.
having little boutique business that I am managing at asaba and my saed are leathers work(shoes and bag making).
I am interested with the loan to become a successful business man, please help me sir
Please when will the portal open for this loan registeration?
We don’t know yet. It can be any time, keep checking back to this site for latest updates
I need and I’m among batch a
My name is okeke chiamaka ifunanyachukwu from Anambra State a graduate of federal polytechnic oko Anambra State currently serving in Taraba state I am a business lady currently doing my business in kwara state but I am interested in the loan for me to boost my business to a better one sir please I need the loan
Here is my mobile line 07019719911.08100553044
Am Ajoku Gloria Chiamaka, graduate of rivers state university currently serving in Anambra.
Am interested in the loan to establish a business in order to make me become successful.
07063281287
l am meti monday ukpeh
from Akwa ibom state
law graduate, and l have registered for NYSC SERVICE this year.
l am interested in the loan.
080210-92206
I will be very glad to be part of this program
I am Adeagbo Monsurat Adebimpe from too state, a graduate of Ladoke Akintola University of technology Ogbomoso,Oyo state, served at katsina state.
I am interested with the loan to become a successful business woman, please help me sir
My Name is Corper, Emmanuel Christopher, I really need the Loan to start my business.
I am Adediji Comfort Ene from benue State, a graduate of Federal University of Agriculture makurdi Benue . I studied chemistry, I served in Oyo State and passed out June 2019. I’m interested in the loan for my organic Skincare production….08108597660
Nura Salihu Ubandoma, a graduate from BAYERO UNIVERSITY KANO. I study MASS COMMUNICATION. I am currently selling MOTOCYCLE AND BYCICLE SPARE PARTS. I seriously need this LOAN. 08033385463
My name is Ojo michael,I am from Ondo stste,currently serving in river state.I have an Entrepreneur ing skill on Automobile.I will like to take this loan to Open my own workshop.please I need a good reliable way of getting this loan.thank
oloyede oyewale toyin am from kw’st federal polythenic offa i’m currnt batch member of NYSC 2019/2020 i have interest to collect laon during my service in other to meet livestock farming project please assist me to get the laon so that i can be financially independent and to be self employed and self reliance.
I am Akinola Ayomide Isaac,a graduate of University of Nigeria, Nsukka. I studied political science and I learned tailoring work as well. Pls I’m interested in obtaining the loan. 08164610283 / akinolaayomide51@gmail.com
I am Ibrahim Taofeek Kayode a graduate of federal cooperative college Kaduna studied cooperative economic and management serving in Kaduna now am interesting in the loan contact phone number 08036391001 email address ukayode177@gmail.com
My name is Lukmon Ahmed Lekan, a graduate of The polytechnic, of Ibadan studied Slt(applied Chemistry) currently serving in Ekiti state, Am also interested in loan to help me in my production of paint.
My name is sadiya Abdullahi Elayo.please I’m also interested for the loan. I graduated from nasarawa State University.I finished serving in June 2019 i read business administration and i want to comence business on my own. Please help me sir.my email and my contact. Sadiyaotusha1@gmail.com.07037556652
Please am interested with the loan . Am idongesit I ndiok, I passed out last year July uptil now am not working , I graduated in 2016 in chemistry. Please notify me through my phone number and my email 07055976836 iekpo80@gmail.Com.Thanks
Hi I am Aliyu Abdulkadir Toro, a graduate of Abubakar tafawa Balewa University, Bauchi. I studied Agricultural Economic and Extension, presently serving in Edo state. I am also interested with the loan to improve my farming activities.
I am Salaudeen Abdulhamid Adebayo from Oyo State, a graduate of University of Ilorin, Ilorin, Kwara State, served at Katsina State.
I am interested in a food processing business.
Please notify me via my mail, salaudeenhamid01@gmail.com , Thank you.
Adukwu favourite is my name please keep me informed
Please am interested on the loan to start up my business
Who will notify me when the site is up
We will…
Iam Abdullahi Danbala,a graduate of English education from Abu Zaria.please notify me when it kick off
My name is amusa abosede comfort a graduate of ekiti state university, study pure science, am intrested for the loan
Please I need a loan. I am a graduate. Studied Electrical Engineering.
Pls,notify me when the application is on. I’m interested in the loan. Thanks in anticipation.
What’s the interest rate?
Moratorium period?
I recently got a loan from CBN through NIRSAL MICROFINANCE BANK
Hi, my name is TSADO IDRIS I graduated from Ibrahim Badamasi Babangida University Lapai, I studied geography. Iam correctly serving in Kaduna State,Iam also interested on the loan to establish a block industry I have been working with them for 6 years now.
Am very much interested. Please keep me informed
Folorunso Bayode
I am a graduate of Rufus Giwa Polytechnic Owo,am interested in the loan please link me up when it's about to start.
I am interested pls
Am Ndukwe Samuel chigboromkpa.a graduate of Applied physics of Michael okpara university of Agriculture umudike….am so much interested In the loan…
Am a graduate of Pure Chemistry from Usmanu Danfodiyo University Sokoto.Am highly interested in this patnership Loan and presently serving in Ogun State a batch C corps members.
Good afternoon, my name is Adegoke Adewunmi. I am a graduate of kwara state polytechnic, I studied purchasing and supply. I am presently serving in Taraba state. Am interested in requesting for loan.
Kindly notify me when the site is on. Thanks in anticipation..
Hi
Please have you been able to get the loan from anywhere? I’m also in need of a loan.. I’m presently serving in osun state
am interested in the loan, help me with the site
Adegoke Adewunmi i also study purchasing and supply and i finish in Kwara state polytechnic toooo.. Message me on WhatsApp pls 08121104169
Good day Sir. Sir the side is no longer going.I want know weather you closed it for now or not.thank you for given us the opportunity Sir. Have a nice day ahead
It is a technical issue. Give it some times
I too need the loan.
Thanks.
Am a graduate of Delta state university abraka, I studied integrated science education, am a photographer, I need to loan to enhance my photography business. My Business name is BEE2PHOTOGRAPHY.
Am a graduate of Ekiti state university. Am interested in this loan, please notify me when it start.
when ate they start apply for the loan?
I’m a graduate of accounting from Fed Poly Bauchi, I’m interested for the loan. please inform me with any latest. thanks sir.
Pls we are desperately in need of the loan as there’s no job after serving our dear country. Is the site closed or changed. Pls kindly let us know. I am done with service as I served in Edo State.
Calm down, we will inform you when the site is active
Good afternoon, Humphrey.
Please how can I get your contact? I’d love to speak with you.
See Contact Us page
I’m interested please. Thanks
I have a business plan and I need money to fund it, I really need d loan plz tnx
Am interested please
Please…i need a full details on how to apply for this loan.. I just finished my nysc and I need a loan to start up my business
Please am looking for a way and how to apply this loan now and I wan to know the exactly time they will star the application, also pls I really wan u to inform me on time through DM, nums 07066107160 that is my nums ,I have a business idea and business plan sir as well u can sent me ur center pls so we can talk on phone.
Thanks for the information, I pray to be among the chosen ones.
How can one apply for the the loan??
Thank you very much, sir. From your post, you said serving Corp members can as well access the loan. Secondly, you added discharge later as part of the requirements. My question now is how can a serving Corp member who has not completed his service year get a discharge later?
You will pledge your discharge certificate, so that immediately you complete your service, your discharge certificate will be transferred to the bank by NYSC.
Please am looking for a way and how to apply this loan now and I wan to know the exactly time they will star the application, also pls I really wan u to inform me on time through DM, nums 07066107160 that is my nums ,I have a business idea and business plan sir as well u can sent me ur center pls so we can talk on phone.
Please, what are the steps and guidelines to follow in order to get the business loan?
How can i apply
How do I get the loan.what and what is needed for the loan.so that we can applied.
The website for the loan application is not opening or has the application not yet started
Please how do I apply
please I need the loan. I can even repay in less than two years.
The website to apply for the CBN NYSC loan is not opening
Can I be given a machine loan for my business, just one machine left.how will I go about it
I want a loan.
How do we apply
I don’t have website
Please I need the loan for my importation business.
How will I apply because I’m still serving
Notify me when the site start working
I am Nigeria man in yobe state I graduated. in college of administration & business study I finish 2005 h.n.d.in local government administration
I want a loan money
Good afternoon all..the site to apply is not opening for me…what should I do?
I am a graduate of mass communication and self employed (professional photographer) looking for empowerment
Hello!
I would be very grateful if you will be alerting me on any recruitment job. Especially for a well paid agencies, parasitatal, etc.
Thank you a trillion times
I don’t possess my tertiary certificate yet but can I provide my statements of results??
How will i apply
What is the interest rate and someone comment that he applied since 2015 the loan has not been given to him, so how long does it take to get the loan, and you made mention of institution certificate and NYSC discharge certificate, so are we given them out till the duration of the seven years before we can get them back?
If this is accessible, it would go a long way empowering many citizens and as well reduce the rate of unemployment. NYSC has good initiatives but I don’t actually know where the problem is.
how to apply and at which rate of interest charges?
2016 batch are yet to collect the loan after all the hustles.
Please how can they access it?
Thank you For this opportunities
Can a serving corp member apply?
Is it my original cert am given as collateral ? What is my faith for appointment or work please .or is it the photocopy you need .
I’m really interested
i just hope its for real.
This is a great plan to eradicates unemployment
Thanks for this post.
However, what is the interest rate on the loan and the maturity date?
It a good opportunity to Nigerians in reduceing uneployment.
Can a 2013C who finished their service October 2014 be eligible?
Please is there interest rate if yes, how much?
What is the maturity date