How can someone apply for NYSC loan

Nysc Foundation
*Requirements for Application for Soft Loan*

1. Must be a registered member (ex - corps members)
2. Applications can be submitted in any Nysc State Secretariat.
3.. Required Documents
✓Application letter
✓A business proposal
✓Photocopies of evidence of being a registered member - I.D card and receipt
✓Letter from a Guarantor.
✓Soft Loan Application Form

*Who qualifies as a Guarantor*
a. Civil/Public servant.
b. Rank : Assistant Director SGL 15.
c. To provide details of Salary account.
i. Name of Bank:
ii Account No.

** Letter from Guarantor to be written on *letter head paper* of place of work, dated, signed with name, rank and phone number of the Guarantor.

* Maximum Loan of #400,000:00
*Moratorium of 3 months
*Duration of Loan 24 months.
* Collateral; Certificate of National Service.

that's how our LGI sent it to us.

So how long does it take to get the loan?