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Access Bank Launches ‘W Power Loan’ for Female Entrepreneurs

Are you a woman in beauty & fashion, catering, manufacturing, hospitality & tourism, education, IT or healthcare?

Then you should take advantage of Access Bank’s #WPowerLoan. The W power Loan is a scheme designed to close the financing gap for female owned businesses by providing access to loans and credit facilities. It is open to women whose businesses are in these sectors: Fashion, Catering/Eateries, Manufacturing, Beauty & Wellness, Hospitality & Tourism, Education, I.T and HealthCare.

The loans granted to applicants are generally divided into two broad areas. First, there is Term loan which is meant for asset acquisition and infrastructure upgrade that enable beneficiaries buy machineries, equipment and all other fixed assets needed for the business. The second is for working capital, which will be used for the purchase of raw materials or settle other daily operating expenses of the business.

Also, depending on the type of business and its risk rating, applicants can access up to 100 million naira (One Hundred Million Naira) which will be disbursed as soon as criteria have been met.

CLICK HERE to enroll for this big opportunity!

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