Six months after the commencement of the YES programme by BOI, not even a single person has benefited from the time invested to this initially promising scheme even after getting to the final stage (Plan Approval). NOT ONE!

The #YES programme has successfully wasted the precious times of young entrepreneurs who initially thought #BOI #YES_P would be their stepping stone to a greater future. BOI lied to these entrepreneurs, cajoled them to sign up for the programme, hid key terms of the loan and allowed these helpless youths to commit their time, resources energy, intellect for 60 solid days in online training from AMI ( A good exposure I must say) and a week in class training for which some participants had to travel long distances, feed themselves and pay for hotel accommodation. Imagine the stress nursing mothers and their babies had to go through for 6 days and probably more for some.

My major problem with BOI is this: why must you lie and lure thousands of youth to sign for the YES programme when you know that there are other terms and conditions you never disclosed initially to these youths until they have reached the final stage before telling them? Why? Is it because you knew if you told them early enough, many would not join the scheme because you also know only 1-2% of these entrepreneurs can meet such stringent conditions. BOI an organization I hold in high esteem has turned itself into a petty corporate liar.

To our great youth, whether you have started or not, there is one condition(A major condition) BOI never told you during the training but will inform you only when your plan is approved and I doubt many will meet such condition in time, if at all.

YOU MUST PRODUCE 2 GUARANTORS WORTH 5M (subject to loan amount requested) EACH AND THEY MUST BE READY TO SWEAR A NOTARISED AFFIDAVIT OF NET WORTH AND DROP THE RECEIPT(S) OF THEIR ASSET.

In the beginning, BOI only told us our POST SECONDARY CERTIFICATE is our security not this. But this is what they will tell you after your plan is approved. I have been there hence LISTEN!

Unfortunately for me, I can't meet such stringent conditions of N5m net worth of each guarantor. I was ready to drop my certificate but this I can not do, after much investment into this programme. I know many are like me, BOI deceived us into this programme but what can we do? How many young entrepreneurs can meet these conditions?

I strongly want to call on the Federal Government and all parties involved to ask BOI to revert to the original conditions with which this programme was advertised. We are sincere and excellent entrepreneurs to have made it this far and we are ready to contribute their quota in developing our economy that currently lies in a cesspool, but we need support, not one with impossible conditions as BOI YES programme is asking for.

To BOI, I thank you for time wasted, I strongly advise henceforth that you come out plain with the true conditions from day one and not cajol Nigerian youths into your failed YES programme filled with half truths. Have you asked yourself why not one person across the nation has benefited from this YES after 6 months? I will advise you maintain the certificate as security because it will be easily met by sincere youths than the 5m each (subject to loan sum requested), 2 guarantors, if truely the goal of your YES programme is to assist young entrepreneurs, contribute to the economy and take people out of poverty. Right now, You are not different from commercial banks, why do I need to waste my time with you if I have such guarantors in the first place. Only 1-2% out of 1200 from every batch will finally make that loan conditions defeating your aim of setting up such programme. So, please, think again on your conditions as many youth are already frustrated with your emergency post approval conditions.

To our youths, I must commend your courage, we have really endured this country despite the frustration everyday and everywhere. My encouragement to you all is to keep up fighting and look out for better deals and grants. For those who will fully meet the requirements, I congratulate you in advance and enjoin you to do your best to contribute your quota to our economy as required by the programme. We must not give up as entrepreneurs, if YES does not work out, there are other better programmes out there. For all your time and resources spent, take consolation in the AMI and in-class training which is truely rich and loaded. You must not give up in yourselves and in Nigeria, no matter the outcome of your YES application.

I have written all these to report what is going on that many are not yet privy to. This will help you prepare ahead and gather enough strength to carry on. This is also aimed at BOI to see the extent of damage that will be done to many of these great young entrepreneurs because of their initial lies.

BOI YES programme is actually a waste of my precious time and resources because I have invested my all into it with no funding to show after 6 months in the programme.

Shukuriya.

Adisa
Edited by Origbo Kay.

Lalasticlala

This Boi yes_p entrepreneurship program was a scam from the start... They never really meant to give the money to the youth.. After tendering my original result you still expect me to bring guarantor with the amount I want as loan, if I know such kind of person why will I come to Boi for the loan...
Youwin still remains the best... APC and their scam

Scam as usual. Not only that the guarantors will sign forms, u want then to deposit the receipts of their assets so that tomorrow FG/BOI will tell them stories of how their documents are missing. So because these deceptive thieves want to give miserable loans to young entrepreneurs, a business man will tie up his assets and not sell or do whatever he wants with then because he's a guarantor?

APC Change indeed!

It's very disheartening, after investing so much time and effort. I hope the government scraps out the guarantor stuff....or better make it a grant.

Mavoro:
Six months after the commencement of the YES programme by BOI, not even a single person has benefited from the time invested to this initially promising scheme even after getting to the final stage (Plan Approval). NOT ONE!

The #YES programme has successfully wasted the precious times of young entrepreneurs who initially thought #BOI #YES_P would be their stepping stone to a greater future. BOI lied to these entrepreneurs, cajoled them to sign up for the programme, hid key terms of the loan and allowed these helpless youths to commit their time, resources energy, intellect for 60 solid days in online training from AMI ( A good exposure I must say) and a week in class training for which some participants had to travel long distances, feed themselves and pay for hotel accommodation. Imagine the stress nursing mothers and their babies had to go through for 6 days and probably more for some.

My major problem with BOI is this: why must you lie and lure thousands of youth to sign for the YES programme when you know that there are other terms and conditions you never disclosed initially to these youths until they have reached the final stage before telling them? Why? Is it because you knew if you told them early enough, many would not join the scheme because you also know only 1-2% of these entrepreneurs can meet such stringent conditions. BOI an organization I hold in high esteem has turned itself into a petty corporate liar.

To our great youth, whether you have started or not, there is one condition(A major condition) BOI never told you during the training but will inform you only when your plan is approved and I doubt many will meet such condition in time, if at all.

YOU MUST PRODUCE 2 GUARANTORS WORTH 5M (subject to loan amount requested) EACH AND THEY MUST BE READY TO SWEAR A NOTARISED AFFIDAVIT OF NET WORTH AND DROP THE RECEIPT(S) OF THEIR ASSET.

In the beginning, BOI only told us our POST SECONDARY CERTIFICATE is our security not this. But this is what they will tell you after your plan is approved. I have been there hence LISTEN!

Unfortunately for me, I can't meet such stringent conditions of N5m net worth of each guarantor. I was ready to drop my certificate but this I can not do, after much investment into this programme. I know many are like me, BOI deceived us into this programme but what can we do? How many young entrepreneurs can meet these conditions?

I strongly want to call on the Federal Government and all parties involved to ask BOI to revert to the original conditions with which this programme was advertised. We are sincere and excellent entrepreneurs to have made it this far and we are ready to contribute their quota in developing our economy that currently lies in a cesspool, but we need support, not one with impossible conditions as BOI YES programme is asking for.

To BOI, I thank you for time wasted, I strongly advise henceforth that you come out plain with the true conditions from day one and not cajol Nigerian youths into your failed YES programme filled with half truths. Have you asked yourself why not one person across the nation has benefited from this YES after 6 months? I will advise you maintain the certificate as security because it will be easily met by sincere youths than the 5m each (subject to loan sum requested), 2 guarantors, if truely the goal of your YES programme is to assist young entrepreneurs, contribute to the economy and take people out of poverty. Right now, You are not different from commercial banks, why do I need to waste my time with you if I have such guarantors in the first place. Only 1-2% out of 1200 from every batch will finally make that loan conditions defeating your aim of setting up such programme. So, please, think again on your conditions as many youth are already frustrated with your emergency post approval conditions.

To our youths, I must commend your courage, we have really endured this country despite the frustration everyday and everywhere. My encouragement to you all is to keep up fighting and look out for better deals and grants. For those who will fully meet the requirements, I congratulate you in advance and enjoin you to do your best to contribute your quota to our economy as required by the programme. We must not give up as entrepreneurs, if YES does not work out, there are other better programmes out there. For all your time and resources spent, take consolation in the AMI and in-class training which is truely rich and loaded. You must not give up in yourselves and in Nigeria, no matter the outcome of your YES application.

I have written all these to report what is going on that many are not yet privy to. This will help you prepare ahead and gather enough strength to carry on. This is also aimed at BOI to see the extent of damage that will be done to many of these great young entrepreneurs because of their initial lies.

BOI YES programme is actually a waste of my precious time and resources because I have invested my all into it with no funding to show after 6 months in the programme.

Shukuriya.

Adisa
Edited by Origbo Kay.

Lalasticlala

Some people compare this with you win. I suspect idea theft. Make sure your ideas are protected before you sign up for this program if you have money to waste by the way.

APC just dey lie for the world in all their program.

This loan criteria is really harsh, 2 guarantors with 5M net worth each, plus post secondary school certificate, plus landed property. This only shows that the security of the money superceeds the desire of BOI to empower youths to grow the economy.
You are not giving us complete cash as loan, you are using more than 50% to buy equipment, that alone leaves no room for squandering the money we have not talked about how much the suppliers of this equipment stands to gain and all this you want the "empowered" youth to still payback in full.
We understand that the security of the loan is important but the equipment are also assets that can be liquidated to fund the loan in case a business is struggling and can't survive. And you will agree with me that the business BOI scrutinize and approve cannot die from the get go, it must have paid back part of the loan before it will default if the business is not thriving, so whatever is left of the loan repayment can be salvaged without 2 guarantors of 5M net worth & tertiary school certificate & landed properties. Unless there is something more to the loan that we are yet to be told.
Its not rocket science is "just common sense" as my icon would say
Please BOI reconsider some of these terms and let's work together to move our great nation forward

Lalasticlala is this not front page worthy?

after many invested all their time, resources, it is disheartening that no one has benefited so far just because of this harsh guarantors condition many can never meet. wasted my precious time on this programme doing assignment,taking lectures online ,writing a robust bankable proposal but nothing to show...i cant say wasted efforts.

After spending like 3 months online lecture, wasting money to buy mb daily... Now they coming up with all this different option

Sportize and dexter1983 please let others know about this thread

Mods, lalasticla et all, you guys need to help is push this to Frontpage page so that the government and Boi can know the extent to the damage they have caused and probably help repair the damage

Mods ohh

Mods please help us push this to the front page, we need the government and all stake holders involved in the BOI Yes-program to see this.



join the twitter war with this ash tag
#BOIYESPISUNFAIR

These people keep raising the bar, I just hope they don't ask for the head of Moses next.

AK6464:
These people keep raising the bar, I just hope they don't ask for the head of Moses next.

We hope so.

Am pleading with Mr President to give us the unemployed youths a better program. Yes-p is not a good intervention program for creation of jobs and rapid growth of the economy. This administration might produce little or no start-up businesses. BIG/GEM project does not accept start-ups and those who benefit from these programs are mainly those who started with YOUWIN. Youwin created a very good opportunity for them now but we cannot even start at this point in time. I felt very bad when my business proposal was selected but was later rejected during GEM induction because it is a start-up business.

Yes-p is just a big disappointment. Many of us turned their back on this program immediately after the in-class training. After 3 months of training and commitment, getting guarantors is now our biggest stumbling block. No body would want to be a guarantor at this point in time.

Please #BringBackYouwin and enable start-ups access to BIG/GEM project. Boi/Yes-p program is not helping us achieve our dream.

Lalasticlala, OAM4J, Mynd44

This is serious. We want our Oga(President Buhari) to know what we are asking for. We need change, his program is not moving success.

It is very disheartening, disgusting and demoralizing. BOI deceived us on the requirements to access the loan. This clearly shows that the institution can not be trusted. ls this how this govt want to empower young entrepreneurs? SAD!

It is also important to note that this loan is at 9% interest per annum and if BOI can be so deceitful at this initial stage, one need to scrutinize the terms and conditions very well. My question is, where is the support in all these?YE(SUFFERING)-P

I am also using this opportunity to apologies to the handlers of last administration. l hated every move of Jonathan's govt and that blindfolded me from seeing the opportunities in YOUWIN while l was in paid employment. CHAI! KINDLY FORGIVE ME.

Hardship is gradually reformatting and reawakening the brains of Zombies.
Too much lies,deception and propaganda in this administration.
As a patriotic Nigerian,I'm still praying that God should touch the hearts of our leaders to show genuine empathy to the common man and take actions that will alleviate our suffering.

BOI need to pay damages after allowing us spend precious times for 3 months plus the risk I took travelling to lokoja for in class training, only for them to come up with this rubbish... APC is a failed govt wish I applied for youwin during the previous administration

HVACSpecialist:
I am also using this opportunity to apologies to the handlers of last administration. l hated every move of Jonathan's govt and that blindfolded me from seeing the opportunities in YOUWIN while l was in paid employment. CHAI! KINDLY FORGIVE ME.

See confession

Mods,move this to the FP. If it is snake or mmm issue now u would have done so

This is heart breaking. Had it been I started my business with Youwin, I would have gone far. But now its just as if I can't even start not to talk of expanding the biz. Youwin helped capital intensive businesses a lot to get started. I know I would have benefited if such a program is still ongoing.

HVACSpecialist:
It is also important to note that this loan is at 9% interest per annum and if BOI can be so deceitful at this initial stage, one need to scrutinize the terms and conditions very well. My question is, where is the support in all these?YE(SUFFERING)-P

Hidden charges may just skyrocket it to over 15%

ThatIgboBoy:


See confession

Mods,move this to the FP. If it is snake or mmm issue now u would have done so

Buhari's government is a lot worse than GEJ's ...

Buhari is a big disappointment...

Everything has spoilt under him....

I told a friend that ds YES-BOI is a scam... now he believes it...

Bought pure water #20
Freegels mints @ #50 now #100

We are not surprised. Buhari's govt is synonymous wit deceit

I wonder why many people are yet to accept the fact that everything about this government, either directly or indirectly attached, is a scam.

korel9:
Gh

get help

OK

Na wao