The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) in collaboration with Chaste Mutual Investment Limited are in partnership to provide members of the Association of Vocational and Skilled Artisans of Nigeria ( ASVAN) with business loans and grants from #1,000,000(One Million Naira) and above.
Beneficiaries are expected to undergo an online registration and e-learning training which is the first phase of the program. The cost of the e-learning training costs #15,000 but ASVAN members are not expected to pay for it, as arrangement has been made for the training costs to be deducted from the approved loan when payment is made to beneficiaries. Example, if a member is given a #2,000,000 loan access, he will be credited with #1,985,000 as #15,000 will be deducted from his grant to cover the initial training costs.
SME BUSINESS LOANS AND GRANTS TO ASVAN MEMBERSREQUIREMENTS FOR ACCESSING THE LOAN
- One must be a registered ASVAN member from one of the 36 States and the FCT.
- You are required to forward your details: e.g Name, Current Address, LGA, State, Phone Numbers, email addresses to firstname.lastname@example.org, or through the Facebook page message inbox, or through text message to 08116868207 for onward submission to SMEDAN and Chaste.
- Beneficiaries whose details are gotten would be published here on ASVAN Facebook page and the website, www.asvan.com.ng and the registration website provided for them to proceed to the online registration portal to complete the process
- All ASVAN State coordinators are hereby advised to make sure as many members in their respective states are captured in this exercise so that members can benefit.