Dear ESME Community,
We are delighted to officially announce the commencement of registration for the YouthCred Initiative in Enugu State, a landmark consumer credit programme of the Federal Government of Nigeria, implemented through CrediCorp (the Nigerian Consumer Credit Corporation)-Nigeria’s national institution established to expand access to responsible consumer credit for working citizens.
The YouthCred Initiative is a strategic intervention aligned with the bold economic reform agenda of His Excellency, President Bola Ahmed Tinubu, GCFR, aimed at improving the quality of life of Nigerians by making fair, affordable, and transparent consumer credit accessible-especially to young, productive members of the workforce. The programme is designed to eliminate traditional barriers to credit access, such as collateral requirements and exploitative interest rates, which have historically excluded many hardworking Nigerians from formal financial support.
YouthCred: Empowering Productivity and Financial Inclusion:
At its core, YouthCred is more than just a credit programme-it is a productivity and empowerment initiative. It recognizes that young people are the backbone of Nigeria’s economy and that access to essential tools, devices, and services can significantly improve their earning capacity, job performance, and overall standard of living.
By providing structured, collateral-free consumer credit, YouthCred enables beneficiaries to invest in items that directly support their work, businesses, and daily lives, while also building a healthy credit history that can unlock future financial opportunities.
Enugu State’s Commitment to Youth Empowerment-
In Enugu State, the YouthCred Initiative is being rolled out under the purposeful and visionary leadership of His Excellency, Dr. Peter Ndubuisi Mbah, whose administration continues to prioritize economic growth, youth empowerment, digital transformation, and financial inclusion.
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The programme is being delivered through the Enugu SME Center / Office of Digital Economy (Enugu MSME & Startup Agency), in line with the State Government’s broader agenda to unlock productivity, drive income growth, and strengthen the economic participation of workers, entrepreneurs, and young professionals across the state.
This initiative complements Enugu State’s ongoing investments in innovation, skills development, enterprise support, and access to finance, reinforcing its position as a forward-looking state committed to building a resilient and inclusive economy.
What the YouthCred Initiative Support is All about?
YouthCred is designed to meet real, practical needs that directly impact productivity and quality of life. Eligible beneficiaries can access credit for a wide range of essential items, including but not limited to:
- Work tools and professional equipment: Equipment and tools required by artisans, technicians, creatives, and professionals to perform their jobs more efficiently and competitively.
- Digital devices: Smartphones, laptops, tablets, and other digital tools that enable beneficiaries to work remotely, learn new skills, access online opportunities, and participate fully in today’s digital economy.
- Solar and power solutions: Renewable energy and power backup solutions that help individuals and small businesses overcome electricity challenges, reduce costs, and maintain consistent productivity.
- Mobility and transport needs: Transportation-related needs that support commuting, logistics, delivery services, and other income-generating activities.
- Essential household and lifestyle needs: Items that improve living standards, stability, and overall well-being, allowing beneficiaries to focus better on work and personal development.
Why YouthCred Matters
Access to credit remains one of the biggest challenges facing young Nigerians. Many capable and hardworking individuals are unable to scale their productivity simply because they lack the upfront resources needed to acquire basic tools or equipment. YouthCred directly addresses this gap by offering:
- Collateral-free access to credit.
- Fair and transparent repayment structures.
- Protection from exploitative lending practices.
- An opportunity to build a formal credit profile.
By encouraging responsible borrowing and repayment, the programme also helps cultivate a strong credit culture-an essential foundation for long-term economic growth and financial stability.
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Who Should Apply?
YouthCred is targeted at employed and income-earning Nigerians who are ready to improve their productivity and financial standing. If you are a young worker, professional, artisan, entrepreneur, or employee seeking structured financial support to enhance your work and lifestyle, this initiative is designed with you in mind.
Participants are expected to use the credit responsibly and commit to timely repayment, ensuring the sustainability of the programme and opening doors for many more beneficiaries across the country.
A Step Toward a Stronger Financial Future
YouthCred represents a significant step toward building a Nigeria where access to credit is no longer a privilege but a tool for empowerment. By supporting young people to work better, earn better, and live better, the initiative contributes to national productivity, job creation, and inclusive economic development.
The Enugu State Government, in collaboration with the Federal Government and CrediCorp, remains committed to ensuring that this opportunity reaches deserving beneficiaries and delivers real, measurable impact across communities.
Register Now
If you are employed, motivated, and ready to take the next step toward financial stability, increased productivity, and improved quality of life, this is an opportunity you should not miss.
Registration is now open.
Visit www.youthcred.com to apply and begin your journey toward smarter credit and a stronger financial future.
Together, we can empower young people, strengthen productivity, and build a more inclusive and prosperous Enugu State-and Nigeria at large.