Get Youth Enterprise Development Direct Funding

Filling out the Youth Enterprise Development Direct Funding form online can be a straightforward process if you follow the right steps. This guide will provide you with a comprehensive overview and detailed instructions to ensure you successfully complete each section of the form.

Follow the steps to effectively complete the funding application

1. Click ‘Get Form’ button to obtain the form and open it in your preferred editor.
2. Begin by entering your personal details in the first section. Provide your surname, other names, personal identification number (PIN), phone number, gender, occupation, marital status, and highest level of education.
3. Fill out the birth date and spouse information, including their name and identification number, if applicable. Indicate the number of dependants.
4. Complete the residence section by providing your P.O. Box, phone number, and residence details, including a drawn map, name of your chief, town, district, division, and location.
5. Indicate whether you intend to relocate, the nature of your residence (rent, own, or other), and duration at your current residence. If rented, provide landlord details.
6. Provide information about your children attending school by stating 'Yes' or 'No' and indicating the number of children attending.
7. For the business details section, fill in your business name, registration number, license number, and the names of directors. Additionally, describe your business activities and indicate the number of years the business has been in operation.
8. Include the current location of your business and any intended relocations, along with the legal structure of your business. Specify details of the number of paid employees and other businesses owned.
9. In the savings/current account history section, provide details of your bank account(s) and include certified statements for the previous six months.
10. List at least three references, including their name, address, and relationship to you.
11. For the credit history section, indicate if you have applied for a loan before and provide details regarding previous loans.
12. Complete the business assessment by answering questions regarding your major suppliers, sales markets, buying frequency, and inventory management.
13. Fill out the gross profit margin details for your best-selling products, calculating the margin based on selling price and purchase cost.
14. Prepare the business monthly profit and loss statement, providing actual and projected figures for sales, expenses, and profits.
15. Complete the household budget section, detailing monthly income and expenses for accurate financial assessment.
16. List proposed guarantors, include their contact information, and indicate any liabilities they may have.
17. Describe any security or collateral you can provide, including detailed descriptions and serial numbers.
18. Finally, review all sections for accuracy, and provide signatures and dates as required by applicants and guarantors.
19. Once the form is fully completed, save changes, download a copy for your records, print it, or share it as needed.

Start your Youth Enterprise Development Direct Funding application online today!