FCMB lifts female entrepreneurs with zero-Interest loans
The First City Monument Bank (FCMB) says it is addressing gender inequality in Nigeria’s business sector with its SheVentures programme by providing interest-free loans of up to N10 million and tailored support to female entrepreneurs in the export and agricultural sectors. With this, the bank said it will be fostering a more inclusive economic environment. […]
First City Monument Bank (FCMB)
The First City Monument Bank (FCMB) says it is addressing gender inequality in Nigeria’s business sector with its SheVentures programme by providing interest-free loans of up to N10 million and tailored support to female entrepreneurs in the export and agricultural sectors.
With this, the bank said it will be fostering a more inclusive economic environment.
The Managing Director of FCMB, Yemisi Edun, said the beneficiaries will also receive exclusive business management training and mentorship opportunities, creating a comprehensive support system for business growth.
According to her, the initiative aligns with the bank’s mission of promoting inclusive and sustainable development by connecting people, capital, and markets across Africa.
“Our revamped zero-interest loan offering is tailored to offer sustainable benefits. It marks another milestone in our commitment to empower Nigerian businesswomen to contribute more to export trade, agribusiness, and the economy,” Edun said.