For a young Nigerian, getting access to loans is really not easy. Especially if they have no collateral. Especially if they are undergraduates.

Getting a grant on the other hand, is almost unheard of, for most undergraduates.

Yet, some of our undergraduates need loans / grants that would make a huge difference to their financial status. With the availability of such funds, they would find it a lot easier to set up small businesses that would give them regular income in school.
If such undergraduates get the right information and get access to such resources, many of them will even become financially self-sufficient even before leaving school or finishing their service year.

There are resources available to the young Nigerian where he can access risk-free grants at least once every six months.
What's more, it doesn't cost anything beyond a few minutes of browsing to stake their claim to one of such resources. I will be talking about the r2o N500,000 grant for the young Nigerian undergraduate / corp member Entrepreneur. This resource has a bias that favors students enormously.


The terms
The terms are quite straight-forward:
1. No repayment - It is a grant, not a loan, so nobody is required to pay back.
2. No subscription - No one is required to subscribe in order to get the free grant.
3. Six months period - Anyone who gets this grant will not be eligible for another one for a six month period.
4. Recommendation process - There is a recommendation process. Anyone can be recommended by his friends. Any undergraduate can recommend a friend whom he believes will do well with the funds, for the grant.
5. Accountability: To qualify for another grant in 6 months, a beneficiary must show that he achieved at least one reasonable thing with what he got initially. It could be business registration, office equipment acquisition, website deployment, business plan research etc.


https://rent2own.com.ng/index.php/2020/01/09/n500000-grant-for-students-entrepreneurs-from-r2o/
On this thread, I will break down several aspects of the write-up from the website.

Excerpts of the article -

"This is a grant. Money to boost businesses especially for, but not limited to, undergraduates and corp members. it’s not a loan; it does not require a subscription: the key requirement is for one’s friends to acknowledge that he deserves the funds. Yes, your friends nominate you for the “Rent to own (r2o)” grant."

More: This grant is for any Nigerian above 18 years of age who requires some funds to aid his entrepreneurial engagements, so far the grant value of N500,000 is not too little to be of benefit to his business.

The great part of it all is that while anyone can get the grant once every six months, they can still get matching grants of N500,000 over and over again, without the 6 months limit. This is possible because whenever one of his friends who created an account using his username as the sponsor, gets a grant, the user is given a matching grant.

It is a great concept that does not require any subscriptions or fee payment.

Simply means while there is nothing to lose, there is absolutely everything to gain.

The picture below is from one of the posts on Facebook

More Excerpts:


IN ADDITION:
Each time a user’s friend gets a N500,000 grant, that user gets a matching N500,000, so far that friend registered on rent2own.com.ng quoting the user’s username. There is no limit to the number of N500,000 matching grant a user gets;
User will receive the matching N500,000 for each friend;
No matter the time-frame;
No matter the number of friends.

[quote author=grabdbull post=85792578]More Excerpts:


IN ADDITION:
Each time a user’s friend gets a N500,000 grant, that user gets a matching N500,000, so far that friend registered on rent2own.com.ng quoting the user’s username. There is no limit to the number of N500,000 matching grant a user gets;
User will receive the matching N500,000 for each friend;
No matter the time-frame;
No matter the number of friends.[/am interested