First Bank 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.

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

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

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 First Bank 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 First Bank 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