Sterling Bank, in partnership with the Development Bank of Nigeria (DBN), invites women entrepreneurs across Nigeria to apply for its ₦20 billion funding scheme. The initiative is designed to help women-led businesses access affordable financing and expand their operations in key sectors of the economy.
This program aims to remove financial barriers limiting female founders and provides an opportunity to access up to ₦75 million in growth-focused loans with flexible repayment terms.
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Key Highlights
- Total Fund Size: ₦20 Billion
- Maximum Loan Amount: ₦75 Million per business
- Repayment Period: Up to 3 years
- Target Group: Women-owned and women-led businesses in Nigeria
- Eligible Sectors: Healthcare, Education, Agriculture, Fashion, Food & Beverage
- Partners: Sterling Bank and Development Bank of Nigeria (DBN)
Benefits
- Access up to ₦75 million in capital to grow or scale your business
- Enjoy a flexible 3-year repayment plan
- Gain financing designed specifically for women entrepreneurs
- Backed by credible national financial institutions
- Support for business expansion and sustainability
Eligibility Criteria
- Applicant must be a woman entrepreneur or business owner
- Business must be registered and operating in Nigeria
- Enterprise should be women-led or majority women-owned
- Operate within one of the eligible sectors listed above
How to Apply
1. Visit the official application portal
2. Review the program details and eligibility requirements.
3. Complete the online application form with accurate business information.
4. Submit your application before the deadline indicated on the portal.
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