Step-by-Step Guide to Applying for NAPEP’s N100,000 Grants and Micro-Credit in 2025
The National Poverty Eradication Programme (NAPEP) continues to support small business owners, artisans, farmers, and unemployed youths through its N100,000 grant and micro-credit scheme. If you want to boost your business or start a new venture, this guide will show you how to apply successfully, requirements, eligibility, and tips to increase your chances of approval.
What is NAPEP’s N100,000 Grant & Micro-Credit Scheme?
NAPEP provides non-refundable grants and low-interest micro-loans to help Nigerians start or grow small businesses. The funding targets people in rural and urban areas who need financial support but cannot access bank loans.
The programme focuses on:
- Small business owners (traders, artisans, farmers, etc.)
- Youths looking for startup capital
- Women entrepreneurs
- People with low income
- Cooperative groups
Eligibility Requirements
Before applying, make sure you meet these basic requirements:
1. You must be a Nigerian citizen
2. Aged 18–55 years
3. Have a valid means of identification (NIN, Voter’s Card, Driver’s License or National ID)
4. Have a business idea or an existing small business
5. Possess a functional phone number and email address
6. Willingness to undergo verification and training (if required)
Documents You Need
Prepare the following documents before applying:
- Passport photograph
- National Identity Number (NIN)
- Local Government Certificate of Origin
- Business plan or summary of your idea
- Bank Verification Number (BVN)
- Bank account details
- Utility bill (optional but helpful)
Step-by-Step Guide to Apply for NAPEP’s N100,000 Grant
Step 1: Visit the Official NAPEP Portal
- Go to the official NAPEP application website (ensure the website you use is authentic and not fake). The portal usually opens when the government announces new phases of the programme.
Step 2: Create an Account
You will be required to:
- Enter your full name
- Email address
- Phone number
- Create a password
- Verify your email if required.
Step 3: Fill in the Application Form
Provide accurate information such as:
- Personal details
- Business information
- Type of support needed (grant or micro-credit)
- Location and LGA
- Upload your documents
Step 4: Upload a Simple Business Plan
Your business plan should include:
- What your business does
- How much you need
- How you will use the money
- Expected profit
- A simple one-page business plan is enough.
Step 5: Submit Your Application
Carefully review your details before submitting. Once submitted, you will receive a confirmation message or email.
Step 6: Wait for Screening and Verification
NAPEP officials will:
- Review your application
- Conduct physical or phone verification
- Check your business location (if needed)
- Make sure your phone is always reachable.
Step 7: Attend Training (If Required)
Some applicants may be invited for:
- Basic entrepreneurship training
- Skills training
- Business management sessions
- Attendance may increase your chances of being approved.
Step 8: Approval and Disbursement of Funds
If you are selected:
- You will receive an approval email/SMS
- Funds will be transferred directly to your bank account
- Micro-credit beneficiaries may sign an agreement for repayment terms
Tips to Increase Your Chances of Approval
- Provide accurate information; avoid errors in name, BVN, or NIN.
- Use an active phone number and email.
- Make sure your business idea is clear and realistic.
- Upload clear documents only.
- Avoid multiple applications — it may cause disqualification.
Important Warnings
- Avoid fake websites and agents claiming to process your NAPEP grant.
- NAPEP does not charge fees for the application.
- Always confirm announcements from government sources.
Conclusion
NAPEP’s N100,000 grant and micro-credit scheme is a great opportunity for Nigerians who need support to start or grow a business. By following the steps in this guide, preparing your documents, and applying early, you stand a better chance of being selected.
