Rivers State NG CARES Intervention Program. Apply: We are pleased to inform the general public and most importantly, Rivers indigenes about the ongoing NG-CARES.
Registration – Application is now open for Rivers state NG CARES Intervention Program.
The Nigeria covid-19 recovery and economic stimulus (NG-CARES) program is an intervention that is designed to restore the livelihoods of Rivers State’s poor and vulnerable Citizens, maintaining food security, and facilitating the recovery of micro, small and medium business, NG CARES Intervention Program. Apply
Target Beneficiaries
Businesses owned by Rivers state citizens especially youth and women-led businesses.
Target Businesses
• Micro businesses (3-9 employees)
• Small businesses (10-50 employees)
RIVERS STATE NG-CARES INTERVENTION PROGRAM GRANT TYPE
a) Credit grant for existing businesses: This grant is expected to cover 40, of the number of new loans originated after March 1st, 2020.
b) Operational grant: This is to fund working capital requirements of businesses
Grant Sizes 1) Microcredit grant (Minimum N 100.000.00; Maximum N 500.000 00) 2) Small operational grant (Above N 500,000.00; Maximum N 2.500,000.00)
Supporting documents
1) Proof of identification (NIN, Driver’s License, Voter’s Card. etc.)
2) Proof of residence (Utility Bills, Voters Card)
3) Proof of age (NIN, Voter’s Card, Driver’s License)
4) Proof of Bank Verification Number (BVN Printout duly stamped by the Bank)
5) Proof of business operations (Cash Book Register, Bank Statement, etc.)
6) Proof of business ownership (CAC Registration Documents, TIN)
HOW TO REGISTER FOR RIVERS STATE NG-CARES INTERVENTION PROGRAM
CONTACT YOUR COMMUNITY CDC CHAIRMAN, WOMAN LEADER, OR YOUTH PRESIDENT FOR REGISTRATION INFORMATION – Registration forms have been shared with these persons.
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