Apply: Nigerian Government Launches Portal To Provide Free Loans To Youths

Youths are invited to apply for YouthCred loans, the online platform allows eligible young Nigerians to apply for various credit products tailored to their financial needs and growth plans.

According to the organizers, YouthCred aimed to create a shift in how young citizens accessed and managed their credit.

It features three main loan categories:

1. Corper Credit: A short-term credit scheme for NYSC members.

2. YouthCred Card:
A flexible credit facility for young professionals, repayable over 12 months.

3. Youth Entrepreneurs Credit:
A business support credit line for young entrepreneurs to start or scale up ventures.

“Today, CREDICORP and NYSC signed a landmark partnership for YouthCred, credit designed to unlock dignity, opportunity, and a future without limits,” the agency posted on X (formerly Twitter).

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In what seems to be a campaign kickoff, YouthCred is already taking its message directly to NYSC camps across the country, with a mix of financial education and entertainment.

The platform isn’t just about loans. It also focuses on financial literacy, equipping young people with the knowledge needed to navigate Nigeria’s complex economic terrain.

Through workshops, digital tools, and learning modules, YouthCred hopes to help applicants build responsible credit habits that will serve them long after they’ve repaid their loans.

Government targets youths in new YouthCred initiative Analysts stated that the partnership with NYSC was a strategic step, as the corps scheme brings together tens of thousands of young Nigerians annually.

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CrediCorp has described the programme as part of a broader strategy to democratize access to credit, reduce poverty, and stimulate entrepreneurship across Nigeria.

The agency also hinted at rolling out youth-focused events and competitions to reward creativity and financial discipline among applicants.

Prospective beneficiaries can now visit the YouthCred portal to register, review eligibility criteria, and apply for their preferred credit option.

Portal HERE https://www.youthcred.com/

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(Voice Air Media News).