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Youth fund loans come with one year repayment holiday – Windhoek Observer
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Youth fund loans come with one year repayment holiday – Windhoek Observer
Justicia Shipena Prime minister Elijah Ngurare says youth-owned businesses financed under the newly launched National Youth Development Fund (NYDF) will be given up to 12 months before repayment begins. The fund offers startups between N$60 000 and N$200 000 at 2% interest, growth-phase enterprises between N$200 000 and N$1 million at 3% interest, and expansion enterprises above N$1 million at 4% interest. “A grace period of up to 12 months wil…
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