CBN Industry Loan: The Central Bank of Nigeria is inviting application from suitably qualified persons for Creative Loan Loan Scheme.
CBN Industry Loan – The Central Bank of Nigeria creative industry loan scheme is designed for the following reasons;
. The loan is developed to empower Nigerian youth and will be disbursed by the Central Bank of Nigeria
. The loan provides access to short and long term interest free for young entrepreneurs
. The loan is designed to aide creative industry such as fashion, music, movies, gaming, information Technology etc.
. Interns are monitored and taken through incubation process leading to a tech venture or solution that will take them to the global market.
. Ventured will also be seed-funded through another central bank loan under the AGSMEIS programme.
Internship duration for this loan scheme.
The internship duration for the programme under this Central Bank of Nigeria loan is divided into three and they includes;
. mentorship is for 3 months
. Training programme is for 6 months
. Incubation, development and go to market training programme is 2 years
FREQUENTLY ASKED QUESTIONS & ANSWERS
. When do i need to pay the loan back?
The loan will be paid back after you have received training and loan disburse to your bank account. And this will have to be after two years of disbursement.
You will need to commence venture which would be funded by AGSMEIS. Under this project, you will be placed on projects both internally and externally where you can earn income and repayment will be taking from your income.
. Is is compulsory to take employment offer with the is loan?
You don’t need to take employment however its depends on you
. can i still work and take on internship course?
This internship is very intensive but you can still work as a part time
. Is the internship offline or online?
The internship is purely online and virtual
. Do we get paid during the internship programme?
Every interns get paid during this programme. A monthly stipends is paid at the end of the month.
How much will be disbursed to successful applicants
The amount due for a successful applicants is N1,350,000
How to apply for this loan
To apply for this loan, you will need click the link and apply.