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FCMB’s women entrepreneurs offer zero-interest plan to SMEs

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Women in Nigeria who are operating Small and Medium Scale Enterprises (SMEs ) now have a good reason to smile, as, very soon, they will begin to enjoy zero- interest rate on loans courtesy of the Women in Business at First City Monument Bank Limited ( FCMB).

The aim is to give women entrepreneurs in the country the needed loans they need to comfortablely boost their respective enterprises.

According to the bank, the activity reinstates their commitment to see to the empowerment of women - owned SMEs - existing and start - ups.

Their goal is to get this achieved via means such as supporting them financially, giving them relevant advices and also bringing up value- added products.

Actually, First City Monument Bank has put in place a dedicated desk for women - owned businesses , under their Business Banking Group. It was made known that the management ensured that they equipped the unit with highly professional individuals that are competent enough to make everything move as it should.

The initiative to give the women zero- interest rate loan is for an initial period of three months. It has been made to empower FCMB's female- owned SME customers to take their enterprises to greater levels.

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