Bank of Industry (BOI) Rural Area Programme On Investment for Development (RAPID) Empowerment Porgramme for Nigerians – The objective of the programme is to assist communities in rural and economically disadvantaged areas to tap into available resources for the development of enterprises that can provide employment, improve standard of living, contribute to national growth and tame insecurity arising from youth restiveness. The Bank hopes to achieve the foregoing through the RAPID initiative by providing financial support to nano, micro and small-scale businesses in the rural locations. In addition to financial support, beneficiaries would also have access to business advisory services and training programmes to ensure business viability, growth, and sustainability.
Also Apply: Centre for African Leaders in Agriculture’s (CALA) Advanced Leadership Programme
Target Market
- Micro and Small Businesses
- Community Groups in Rural Areas.
Features
- Tenor: maximum of 3 years
- Interest Rate: 5% per annum
Bank of Industry (BOI) Rural Area Programme Eligibility Criteria
- Completed Application Form
- Business Plan
- Acceptable Means of Identification
- BVN and NIN
- Proof of Residential Address
- Completed Guarantor Forms
- Other Terms and Conditions Apply
Apply Now – Application closes May 29, 2024.
Visit:Â rapid.boi.ng/register
Email: [email protected] | Call: 0700-CALL-BOI | 0700 225 5264
switchboard: (+234)-02-012715070-71
Application closes May 29, 2024.
For more information: Visit the website for Rural Area Programme On Investment for Development (RAPID) Empowerment Porgramme for Nigerians
 Rural Area Programme On Investment for Development (RAPID) Empowerment Porgramme for Nigerians - Get funding for you){kind=link}