The Federal Government has promised to offer an interest-free loan of up to N300,000 to N-power beneficiaries through GEEP initiative.

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GEEP means Government Enterprise and Empowerment Program. It is a Federal Govt initiative to fund Micro, Small and Medium-scale businesses in Nigeria

Contents  hide 

1 What is Npower GEEP loan?

2 Requirements to Access GEEP loan

3 Requirements for N-power GEEP loan

4 How to apply for Npower GEEP loan

What is Npower GEEP loan?

N-power GEEP loan is a free-interest loan given to outgoing N-power beneficiaries to enable them to start up a business or fund already existing businesses. The N-power GEEP loan was created to help the outgoing Batch A and B N-power beneficiaries sustain and to start up Micro, Small or Medium scale business.

According to Minister of Finance, Zainab Ahmed, N-Power beneficiaries will get GEEP Loan so they won’t go back to the street. So, GEEP loan will serve as their exit package.

To obtain GEEP loan through N-power, a beneficiary ought to pass a psychometric test.