Thursday, June 6, 2013

PAYBACK PERIOD OF LOAN



Civil Awareness and Economic Empowerment Initiative
 “CAEI”




Loans start ten (10) days from the date of disbursement to maximum of twenty-four (24) months.
Amount to be repaid depends on the value of the empowerment materials given out.

EXAMPLE;
A N2,000.00 to N5,000.00 loan, attracts a daily payment of N10.00
A N7,000.00 to N10,000.00 loan, attracts a daily payment of N40.00
A  N11,000.00 to N20,000.00 loan, attracts a daily payment of N150.00
A N50,000.00 to N70,000.00 loan, attracts a daily payment of N400.00
An N80,000.00 to N150,000.00 loan, attracts a daily payment of N500.00 etc.


These daily payments will be rendered on weekly working days only.

1 comment:

  1. how long will the youth be used indirectly by the government

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