CREDICORP launched three dedicated YouthCred loan products for NYSC corps members, salaried workers, and young entrepreneursEligible applicants aged 18 to 39 can borrow between N5,000 and N5 million with no collateral or guarantors requiredThe programme ties loan eligibility to financial literacy courses, with repayment periods stretching up to 12 months
The Nigerian Consumer Credit Corporation (CREDICORP) has opened a loan application portal under its YouthCred initiative, offering three separate credit products for National Youth Service Corps (NYSC) members, salaried young workers, and business owners aged between 18 and 39.
The scheme allows successful applicants to borrow as little as N5,000 or as much as N5 million, depending on their financial profile and repayment history.
YouthCred opens three credit products for Nigerians aged 18 to 39. Photo: FreepickSource: Getty Images
CREDICORP said the programme is designed to give young Nigerians a structured entry point into formal credit while building credit histories that can improve
