Enterprising as they are, Nigerian businesswomen face so many challenges in their quest to grow successful businesses. That’s why FCMB is paying closer attention to the needs of women who own or run a business in Nigeria, providing the support they need to thrive.

We are passionate about empowering female entrepreneurs, helping them build their businesses and improving the overall success rate of businesses owned or run by women.

What gaps does SheVentures by FCMB close for the Nigerian business woman?

1. Limited access to finance - sociocultural norms, legal discriminations, skills and confidence gaps, poor access to networks and information are some of the constraints to women’s access to funding when compared to their male counterparts.
2. Gender discrimination, stereotyping, and lack of respect – Women tend to face a lot of discrimination and lack of respect when they venture into the business world.
3. Dual career/family pressures - Women face the same business pressures as their male counterparts, yet they also have to balance all of that with family responsibilities.
4. Lack of financial knowledge - Inadequate access to formal education and training is one of the key barriers to women's advancement in the business world. This has affected women in terms of acquiring financial knowledge and business-specific skills.
5. Network support system - Most women hardly have the opportunity to meet and network in business-related environments, which puts them at a disadvantage compared to their male counterparts.

FCMB BOI Gender Loan

The FCMB BOI Gender Loan comes with an interest rate fixed at 16%, which is accessible across diverse business sectors and segments. Key features of the BOI Gender Funds encompass:

• Annual interest rate of 16% (inclusive of all charges/fees)
• Repayment tenor extending up to 36 months
• Maximum loan amount capped at N300,000,000

Terms and Conditions apply

Zero interest loans

The zero interest loan facility option provides short-term loans with a 0% interest rate, catering to the financial requirements of women entrepreneurs seeking swift access to funds. Key features of this financing solution encompass:

• Zero Interest Rate: The loan entails a 0% interest rate, with all charges and fees included.
• Flexible repayment terms under zero interest loan: With a maximum tenor of 4 months and 6 months, the repayment cycle is adaptable to match the cash flow and specific needs of our customers.
• Facility Amount: Borrow up to 50% on average monthly turnover. There are two available variants
  • General sector (with a minimum obligor amount of N500,000 and a maximum of N5,000,000)
  • sector specific (with a minimum obligor amount of N5,000,000 and a maximum of N10,000,000.).
• Target Market: Geared towards businesses owned and operated by women, our Interest-Free Financing is designed to empower and support women entrepreneurs.

Our Zero Interest Loans are of two variants -

• General sector (4 months tenor with a 1 month moratorium)
• Sector specific(6 months tenor with a 1 month moratorium).

Mentorship and Capacity Building

We have established a robust network of proficient mentors dedicated to supporting women through guidance, motivation, emotional assistance, and exemplary career modeling. Additionally, we've forged partnerships with consultants, enabling our female clientele to access professional guidance for structuring and sustaining their businesses at significantly discounted rates. Through our commitment to capacity building, we organize training events and facilitate discounted entry for female business owners to industry-specific seminars, fostering their continuous growth and development.

Networking Events

FCMB Sheventures also sponsors various networking events where female entrepreneurs can network, cross sell and open new business avenues.

Get Started With Sheventures