FirstBank Women in MSMEs a Single-Digit Loan 2022/2023

Female Entrepreneurs can now apply for FirstBank Women in MSMEs a Single-Digit Loan 2022/2023. Application Form Link Portal is open for interested and suitable applicants. Get started below:

Are you female entrepreneur interested to get loan from First Bank, portal is now open for 2022/2023 FirstBank Women in MSMEs a Single-Digit Loan. Apply now!

This post contains a link to register successfully for FirstBank Women in MSMEs a Single-Digit Loan and requirements eligibility involves.

Brief about FirstBank Women in MSMEs a Single-Digit Loan

FirstBank offers women in MSMEs a single-digit loan with gender support called the FirstGem Fund Scheme to help them with working capital and asset financing needs.

Eligibility Criteria for FirstBank Women in MSMEs a Single-Digit Loan 2022/2023

  • Working Capital – To purchase raw materials or stock in trade.
  • Time/Term Loan – To purchase assets (specialized assets may be financed on exceptional basis)
  • Women Owned /Led MSMEs in the following sectors
  • Food / Beverage processing & Packaging
  • Beauty and cosmetics
  • Confectionaries, Catering & Restaurants
  • Transportation (Logistics)
  • Agric/Agro-Allied (retail value chain)

Encouraging Benefits for Selected Beneficiaries

  • Min amount of N500, 0000 and Maximum of N3,000,000 (based on eligibility)
  • Interest Rate –  9% p.a
  • Tenor 12 – 24 months based on facility type
  • Management fee: 0.5% flat (one off)
  • Keyman Insurance: 0.5% (one-off)

How to apply for FirstBank Women in MSMEs a Single-Digit Loan 2022/2023

To register online, visit First Bank of Nigeria PLC on www.firstbanknigeria.com to apply

Apply Here

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Vera

Blessed Vitus is the Founder and a Publisher at Efficiencyview.com. A seasoned online Publicist and a Geologist

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