According to reports, the Presidential Youth Empowerment Scheme (P-YES) programme running under the Nirsal Microfinance Bank’s Agri-Business/Small and Medium Enterprise Investment Scheme (AGSMEIS) has been approved.
This means that applicants under this category can now access their empowerment loan facility. The loan has been approved and the procedure for disbursement has begun.
According to the terms of P-Yes, beneficiaries of the scheme will receive both the tools and cash as working capital.
How to check your P yes approval status
Kindly note that checking your status would require your BVN. Go to http://Agsmeis.nmfb.com.ng
Requirements
No collateral is required to access the P-Yes loan. Only what is required from you is the details of your guarantors to complete the registration process.
Repayment
The Nirsal Microfinance Bank loan repayment is usually 5 Years inclusive of 8 Months Moratorium. To get further information visit https://agsmeisapp.nmfb.com.ng