After the disbursement of funds to five thousand two hundred (5200) beneficiaries of the Nigeria Youth Investment Fund (NYIF) Loan, another twenty-five thousand (25,000) youths who applied for the loan have been pre-approved for disbursement, but some of these persons are not aware that they have been shortlisted.
Luckily, this post was created to show you how to check if you are among the pre-approved applicants for the NYIF loan.
For one to be pre-approved, such applicant must have done the following;
- Applied for NYIF loan by filling the online form.
- Upload a concise business plan via the official portal.
- Partake in the compulsory Nyif training.
If the above steps were properly followed, such an applicant will be Pre approved to benefit from the Loan scheme.
How to check if you have been pre-approved for NYIF loan
Visit, https://nyif.nmfb.com.ng/app, enter your Bank Verification Number (BVN), and then click on “VALIDATE BVN” to continue.
For final approval, applicants are to always check their dashboard and email. As only through those channels they will be notified on whether their loan is being approved or not.
Once fully approved, applicants can login to their profile via https://nyif.nmfb.com.ng/ to accept or decline the offer.