NYIF Update: BAOBAB NYIF Loan Selection SMS – What You Must Know

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Following the Update given by FMYSD about the NYIF loan yesterday

We noticed that a lot of NYIF applicants have been asking questions regarding the authenticity of a text message sent to them by BAOBAB Microfinance bank regarding the NYIF Selection. So we decided to create this post to shed more light.


If you received a text message from baobab which stated:

“You have been selected as a beneficiary of the Nigeria Youth Investment Visit any of our branches or https://bit.ly/3N6VLOW. Call 07000226222, and check your email.”

Know that the text message is authentic. You can go ahead and respond to the text or email as requested by the NYIF Loan management FMYSD.

SEE ALSO: NYIF Update: Ministry urges fund applicants to come for their loan requests

BAOBAB is a Microfinance bank which we believe is one among the partner bank which is taxed with the responsibility of Disbursing the NYIF loan to the rightful beneficiaries.

BAOBAB formally known as Microcred has gained recognition for its ability to combine financial sustainability with positive social and environmental impacts. Baobab is a responsible financial institution, they endorse and apply the Smart Campaign Principles of fair, respectful and non-discriminatory practices and client protection. In order to prevent excessive debt, we have implemented a credit rating methodology that allows precise assessment of the borrower’s financial situation.

For further Enquiries regarding this, you can go to the BAOBAB website https://baobabgroup.com/ng to learn more.

Originally published by Npower Discussion Group

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