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NYIF Loan Discussion Thread - Business (11) - Nairaland

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Nyif Loan / NYIF Loan Application Portal: How To Apply, Verify Your Email / If Given The FG NYIF Loan Of -N-5M, What Would You Do With It? (2) (3) (4)

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Re: NYIF Loan Discussion Thread by Acidosis(m): 5:43pm On Feb 20, 2021
Linzo:


You calculation is very wrong, guys please ignore this calculation

Gross profit is a profit you got before substraction of expenses or anything else.

Hmmmn.... Right, that's why I called for a review of the figures. But let's look at this deeply:

Gross profit: A company's profit earned after subtracting the costs of producing and distributing its products.

Net profit: a company's profit after all of its expenses have been deducted from revenues.

So in this case, what figure do you think is appropriate for gross profit?
Re: NYIF Loan Discussion Thread by Oluwathoyin: 5:45pm On Feb 20, 2021
Please help, is SMEDAN CERTIFICATE same as CAC CERTIFICATE
Re: NYIF Loan Discussion Thread by Nobody: 5:50pm On Feb 20, 2021
Oluwathoyin:
Please help, is SMEDAN CERTIFICATE same as CAC CERTIFICATE

No
Re: NYIF Loan Discussion Thread by extol1(m): 7:16pm On Feb 20, 2021
kenddys:

This is for those you registered last year and have gotten an sms
thanks
Re: NYIF Loan Discussion Thread by emmaak2(m): 7:17pm On Feb 20, 2021
am tired what am getting

Re: NYIF Loan Discussion Thread by jay7(m): 7:39pm On Feb 20, 2021
I am just tired for them, I keep getting verification failed and I have about 8 different verification emails.
Re: NYIF Loan Discussion Thread by aminat2000(f): 7:43pm On Feb 20, 2021
Haaaa, wahala. See why it is not good to copy book like this. Wo, I have submitted already jare. I cannot come and go and kill myself.
Linzo:


You calculation is very wrong, guys please ignore this calculation

Gross profit is a profit you got before substraction of expenses or anything else.
Re: NYIF Loan Discussion Thread by Acidosis(m): 7:52pm On Feb 20, 2021
aminat2000:
Haaaa, wahala. See why it is not good to copy book like this. Wo, I have submitted already jare. I cannot come and go and kill myself.

You sef no read the instruction before copying? grin grin

Anyway, no need to worry about that questionnaire. But if NYIF decides to be strict, your loan would be approved 100% as far as you used a long tenure.
Re: NYIF Loan Discussion Thread by truvine(m): 8:05pm On Feb 20, 2021
Please,
I got to the submit page and encountered network issue .
When I tried again, I discover what I have now is REVIEW OFFER LETTER alone...starting application and continue application no more there .

Should I take it that it's submitted ?
Re: NYIF Loan Discussion Thread by truvine(m): 8:07pm On Feb 20, 2021
.

Re: NYIF Loan Discussion Thread by Twelve30(m): 8:19pm On Feb 20, 2021
Something like that

truvine:
Please,
I got to the submit page and encountered network issue .
When I tried again, I discover what I have now is REVIEW OFFER LETTER alone...starting application and continue application no more there .

Should I take it that it's submitted ?
Re: NYIF Loan Discussion Thread by Nobody: 9:01pm On Feb 20, 2021
truvine:
.


My own is as I click on next after filling everything it just took me back to my dashboard with in success message.
Re: NYIF Loan Discussion Thread by Bash92(m): 9:45pm On Feb 20, 2021
truvine:
Please,
I got to the submit page and encountered network issue .
When I tried again, I discover what I have now is REVIEW OFFER LETTER alone...starting application and continue application no more there .

Should I take it that it's submitted ?
Experience exactly the same thing

arcahmad thanks for the tip on mail verification

1 Like

Re: NYIF Loan Discussion Thread by Anonymousgister: 9:48pm On Feb 20, 2021
With this back and forth on their website, only heaven knows how long it would take for them to approve the loan applications that have managed to go through.
Re: NYIF Loan Discussion Thread by piscesgem(m): 10:04pm On Feb 20, 2021
jay7:
I am just tired for them, I keep getting verification failed and I have about 8 different verification emails.

Click on each mail one by one, one of them will work for you.
Re: NYIF Loan Discussion Thread by arcahmad(m): 10:05pm On Feb 20, 2021
Bash92:

Experience exactly the same thing

arcahmad thanks for the tip on mail verification
you are welcome Baba

1 Like

Re: NYIF Loan Discussion Thread by waley007(m): 1:18am On Feb 21, 2021
Mine is showing these pls after filling the business information

Re: NYIF Loan Discussion Thread by jamesbridget13(f): 1:44am On Feb 21, 2021
waley007:
Mine is showing these pls after filling the business information
wahala dey o.
Re: NYIF Loan Discussion Thread by ManuelNate1: 3:33am On Feb 21, 2021
Finally

Re: NYIF Loan Discussion Thread by babalonshee(m): 3:58am On Feb 21, 2021
emmaak2:
am tired what am getting

change your browser I used opera mini for both my wife and I yestada and I was able to complete it as against using chrome
Re: NYIF Loan Discussion Thread by jay7(m): 4:12am On Feb 21, 2021
piscesgem:


Click on each mail one by one, one of them will work for you.

I did jor but none work, still hoping they will send more and if they didn't I will leave it for like 2 days before trying it again.
Re: NYIF Loan Discussion Thread by truvine(m): 5:32am On Feb 21, 2021
waley007:
Mine is showing these pls after filling the business information

The English is clear now.
But that one no concern dem jare,..make dem approve funds for you
Re: NYIF Loan Discussion Thread by COdeGenesis: 6:01am On Feb 21, 2021
Which one is the local government of origin?
Re: NYIF Loan Discussion Thread by Gentlesoul1(m): 6:32am On Feb 21, 2021
waley007:
Mine is showing these pls after filling the business information

It means you have taken a loan either from bank or app loans and you are yet to pay up or refused to service the loan
Re: NYIF Loan Discussion Thread by nitt: 7:44am On Feb 21, 2021
Hi guys, I finally got the verification link in my inbox after countless tries but the problem is once I click the link to verify my email it keeps showing..

"message: verification failed"

Should I keep clicking the link??
Re: NYIF Loan Discussion Thread by Dangrace01: 8:44am On Feb 21, 2021
nitt:
Hi guys, I finally got the verification link in my inbox after countless tries but the problem is once I click the link to verify my email it keeps showing..

"message: verification failed"

Should I keep clicking the link??

Try resend verification token, it might be verified already.

It happened to me too just go ahead and login then continue application
Re: NYIF Loan Discussion Thread by Dangrace01: 8:45am On Feb 21, 2021
truvine:
Please,
I got to the submit page and encountered network issue .
When I tried again, I discover what I have now is REVIEW OFFER LETTER alone...starting application and continue application no more there .

Should I take it that it's submitted ?

This happened to me too. I didn't see the loan submitted picture

Please answer us
Re: NYIF Loan Discussion Thread by ADEBAZ95(m): 9:07am On Feb 21, 2021
Anonymousgister:
With this back and forth on their website, only heaven knows how long it would take for them to approve the loan applications that have managed to go through.


But can they develop a website that is hitch free. The site has been like that since
Re: NYIF Loan Discussion Thread by Oluwathoyin: 9:58am On Feb 21, 2021
kenddys:


No
please how did you register for CAC? Can I use SMEDAN Registration number for NYIF registration
Re: NYIF Loan Discussion Thread by Oluwathoyin: 10:03am On Feb 21, 2021
Dcube4560:


Have not done mine.

I am waiting for my CAC to come out before I apply.

I pray it wont be too late though
please how did you register for your CAC
Re: NYIF Loan Discussion Thread by Oluwathoyin: 10:06am On Feb 21, 2021
Fireandice:



Is your business registered, cause I’m trying to register as a sole proprietor and it’s just taking me to error page
please where did you try to register as a sole proprietor?
Re: NYIF Loan Discussion Thread by IfeMiLove: 10:45am On Feb 21, 2021
please is the loan tenor and moratorium in months or years?

Please house I need a reply so soon before the network gets bad.

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