Osun State University invites Alumni of the institution with bankable proposals, who are engaged or willing to engage in entrepreneurial business activities to apply for a loan of Two Hundred Thousand naira (N200,000.00) with a one (1) percent interest rate and a moratorium period of one (1) year with flexible repayment plans of: monthly; quarterly; bi-annually and annually for a maximum of two (2) years after the moratorium period.
UNIOSUN Startup Fund Eligibility and Requirements.
Applicants must be Alumni of Osun State University and must be ready to submit his/her First Degree Certificate to foster commitment and provide one Guarantor, who must be a Grade/Level 5 and above Public/Civil servant.
How to Apply for UNIOSUN Alumni Loan.
Application forms can be downloaded here:
1. Startup Loan Application Form
2. Guarantor’s Form
while forms can also be collected from the Advancement Office, Osun State University, Osogbo.
Completed forms and bankable proposals/feasibility study should be submitted to the Advancement Office, Osun State University, Osogbo. Four (4) weeks from the date of this advertisement.
Applications will be assessed by a panel of credible persons with business knowledge.