Home Personal Banking Loans W Power Loan
An African proverb says, “if you strike a woman, you strike a rock”, reminding us of the power of women. That’s why we’ve created the W Power Loan, designed to close the financing gap for female owned businesses by providing access to loans and credit facilities. Loans are granted in two broad areas: Term Loan: meant for asset acquisition and infrastructure upgrades, use this loan to buy machinery, equipment and all other fixed assets needed for your business. Working Capital: use this loan to purchase raw materials or settle other daily operating expenses of the business. Plus, depending on your type of business and its risk rating, you could access up to 100million naira (One Hundred Million Naira) in loans. Keep in mind, this loan is only available to women-owned businesses (at least 50% female ownership), managed by a woman.
Other Terms and Conditions, including credit checks may apply.
To learn more about the W Power Loan, click here for FAQs or call our hotline 01-2273005.
Click HERE to download W Power Loan application form.
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