The National Alliance for Poverty Eradication (NAPE) Soft loan is an encouragement package to support individual and corporate organizations with loans to boost their businesses which are affected due to the economic recession.
The Soft loan has been initiated in order to attack global poverty through the nation’s alliance on Poverty Eradication.
NAPE works toward no poverty as our primary goal. Poverty confines human freedom and subdues development. It is the root cause of problems and conflicts in many countries and regions.
As COVID-19 triggers a global recession, unemployment is surging across the world. Faced with these difficulties and challenges, NAPE forges ahead more determined and makes poverty eradication front and center.
What does NAPE Soft loan Focus On?
The National Alliance for Poverty Eradication in Nigeria offers an opportunity to refocus national attention on poverty reduction cooperation, recommit resources to people’s livelihood areas, such as poverty eradication, education, health, and infrastructure, and galvanize the necessary financial and technological support for the state.
It is also imperative to end gender discrimination and bias in all forms and create conditions for lifting women, who account for over half of the world’s poor population, from poverty. We need to share experience to shape targeted and effective poverty reduction policies. Using the master key of development, we could unlock the door toward no poverty.
NAPE vow to support individuals and corporate organizations with loans, Nigeria will overcome the challenges brought by COVID-19, and lift all rural residents living below the current poverty line out of poverty within this year, thereby meeting the target of eradicating extreme poverty set out in Agenda 2030 ahead of schedule. Nigeria’s achievements show that no country or nation is destined to be poor. Nigeria can end poverty, so can other developing countries.
The Categories of NAPE Soft Loan
We have classified our loans into two categories;
- Personal loan (Individual)
- Corporate loan (Business)
- Personal/Individual loan
The NAPE Soft loan for Personal Use
A personal loan is one of the most popular installment loan options because it can apply to a wide range of situations. Basically, anytime you need money for paying off sudden expenses such as medical bills, school fees, or home appliances, a personal loan can be the right solution for you. They are also a popular option for people looking to consolidate their debt. The minimum loan is N50,000 while the maximum loan is N200,000.
The Corporate/Business Loan
This is a loan offered to corporate organizations registered with corporate affairs with bank accounts in order to support the business in boosting their productivity. The minimum loan is N100,000 while the maximum loan is N500,000.
The Requirements NAPE Soft loan
- Means of identification (i.e. photocopy of International Passport or Driver’s License or National Identity Card or Permanent Voter’s Card)
- Valid Phone Number
- Email address
- Statement of purpose of loan
- Certificate of Incorporation (CAC) for Business loan
- Tax Identification Number for Business loan
To Apply for NAPE Softloan Application Visit the official Website via https://www.napeng.com.ng/user/register
Do NOT pay money to anyone telling you to verify or confirm your loan application, the loan is free and only attracts an interest fee.
For more information regarding NAPE Loan 2021, please kindly reach us through our email address at [email protected] or leave a comment below and be sure we would give you a reply in a jiffy.