This was considered to assist women class women that double as business owners too. In an event where the above categories (Nano and micro) are been satisfied, they're free to apply and be disburse too as well. The lending amount range from N10,000 to N100,000 maximum.
The beauty of business is when there is a CERTAINTY of debt repayment or some level of assurance or guarantee by the parties involved. This is one of the reasons why the 'women lending scheme' (WLS) model is increasingly becoming a popular concept, leveraging women's vulnerabilities as strengths for building trust and being seen as good creditors/debtors. The ingenuity and compassionate nature of women in contrast to the male gender is acknowledged. It is a known fact that women-led businesses scale more rapidly with proper supporting systems and structure. Our value proposition focuses on providing the necessary funds, technical, and humanitarian support for women in business, ranging from N5,000 to N200,000 whenever possible.
This product is designed to provide funds for the undeserved and under-banked section of the businesses. Typically, the Akara fryer, Yam or Roasted corn seller, Mai Shayi etc.. Lending for category of business is between the range of 5,000 to 50,000 and cycle back payments within 30days.
This are little way higher than and visible around villages and towns, for instance, the provision shops, and water vendors supplier etc.. their business money have an account and sometimes corporate accounts. We lend about N50,000 to N200,000 and has the capacity to repay loan within 30days loan tenor.
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