See Eligibility Criteria For The Aparoro Local Candy Scheme
To be eligible for the Aparoro Local Candy scheme, you need to ensure that you meet the eligibility criteria. They include being a resident of Ondo State, being between the ages of 21-60, having at least three employees, and so on. This article is centered on giving you information on the eligibility criteria of the Aparoro Local Candy scheme. Let’s get started.
What Is The Aparoro Local Candy?
The Aparoro Local Candy is an SME empowerment scheme by the Ondo State Government to support small and medium businesses. This scheme aims at supporting about 500 businesses with 500 million for these businesses to scale up in the region.
In addition, the Aparoro Local Candy scheme is set up to ease the numerous challenges facing entrepreneurs in Ondo State. Most especially to help them deal with the recent high cost of operations that have affected them.
This financial aid for SMEs will be disbursed to entrepreneurs through Grants and Loans. The benefit of this scheme is to ensure that operational expenses, capital, and sustainability of businesses are covered.
Documents Required For The Aparoro Local Candy Scheme
Here is a list of documents needed to apply for the Aparoro Candy Scheme:
• Bank Verification Number (BVN)
• Bank Account
• Bank Statement for the past 12 months in operation.
• Local Government Trade Permit
• State Business Premises Permit
Recall that the Aparoro Local Candy scheme is divided into loans and grants. So, to be a beneficiary of the loan benefit, the next heading would go into details about that.
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Eligibility Criteria For Aparoro Local Candy Loan
These are the eligibility criteria for the Aparoro Local Candy Loan scheme:
• Must Be A Resident Of Ogun State
This loan scheme is only available to those who live in Ogun State. So, those who intend to apply for this loan from outside the state should ensure that they have the documents enlisted above in soft copy before registering.
• Must Be In Business For At least 3 Years
Those who intend to apply for this loan scheme should ensure that they have been in business for a minimum of three years. This subsequently means that those who are in business for less than three years would be eligible for this loan offer.
• Have Three Employees
Interested businessmen and women should ensure that they have staff employed in the business. A minimum of three employees are required for your business to be offered a loan. This is to prevent scams that may arise from the ingenuity of entrepreneurs.
• Entrepreneurs Should Be Mature In Age
Entrepreneurs who seek this loan offer should be well mature in age. It is recommended that you are between the ages of 21 — 60 years old to benefit from this loan scheme.
• Business Should Be In Retail, Service, and Manufacturing sector
Businesses that are submitted for financial aid should be in either the retail, service, or manufacturing sectors. If your business falls outside this bracket, then it may not be granted a loan.
Eligibility Criteria For Aparoro Local Candy Grant
Below are the requirements for the Aparoro Local Candy Grant Scheme;
• Must Be Resident In Ondo State
Only Ondo State residents are allowed to register for this business grant offer. If you are outside Ondo State, do ensure that the documents are in soft copy for easier registration.
• Must Be In Business For At least A Year
Those who intend to apply for the grant package should ensure that their business has been in operation for at least a year. This is to ensure that you have valid and running business operations.
• Have A Minimum Of Three Employees
Interested entrepreneurs should endeavor to have a minimum of three staff members in their business. This is done to reduce the rate of scams that occur in the grant application process.
• Entrepreneurs Should Be Of Responsible Ages
Entrepreneurs who intend to be granted this grant should ensure that they are of responsible age. It is usually advised that entrepreneurs are between the ages of 18 and 60 to increase their chances of being offered grants.
Aparoro Local Candy Interest Rate
The Aparoro Local Candy scheme has a 0% interest rate. That means you do not need to focus your time and energy on repaying the interest; it is interest-free.
How To Apply For The Aparoro Local Candy Scheme
To apply for the Aparoro Local Candy scheme, follow these steps:
Step 1. Go to the Aparoro Local Candy SME empowerment portal.
Step 2. Click on “Get Started”.
Step 3. Select whether to “Open An Account Through Email or Phone Number”
Step 4. Input your information. This includes your Full Name, Preferred Password, etc.
Step 5. Verify your email address.
Step 6. Proceed to “Apply for Loan or Grant”
Step 7. Submit all relevant documents.
Step 8. Click “Apply Now”.
Conclusion
The Aparoro Local Candy scheme is aimed at reaching every business in Ondo State. So, you are encouraged to sign up and apply for this scheme today. Don’t waste time before it gets too late.