FG Boosts 10,000 Women with ₦100,000 Inventory Loans via CrediCorp – Learn How to Apply for Women Empowerment Funding

Women Empowerment Funding. In a bid to deepen financial inclusion within Nigeria’s informal sector, the Nigerian Consumer Credit Corporation (CrediCorp), in collaboration with Sytiamo Technology Limited, has begun a credit initiative targeted at market women.

The programme started off with a pilot phase where 10,000 women are expected to benefit from inventory credit worth up to ₦100,000.

or several women who trade daily but are battling to access formal credit, this marks a significant shift.

“They sell every day. They hustle non-stop. But credit? Still out of reach for most market women,” CrediCorp said in an official statement.

Affordable Credit, Bigger Impact

The initiative is designed to provide inventory credit at affordable rates, allowing women to restock goods, increase daily turnover, and grow their small-scale enterprises. Women Empowerment Funding

By taking off long-standing barriers that have kept many female traders out of the formal credit system, the programme aims to empower more women economically and stimulate local market growth.

CrediCorp also confirmed that while the pilot starts in one market, the programme will scale up to 224 markets across 28 states. Women Empowerment Funding

“Because when women grow, markets thrive,” the agency added.

Nationwide Target: 100,000 Women

The overarching goal is to reach 100,000 women nationwide, making it one of the largest direct credit interventions for informal women-led businesses in Nigeria.

This initiative is part of a broader push to build inclusive financial solutions that align with national development goals and promote grassroots economic growth.

How to Apply

For details on eligibility and how to benefit from the scheme, click here