Over N500m Facility Disburse To Empower Women Entrepreneurs

By Clement Alphonsus
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Mrs Angela Ajala (National Coordinator of ANWEN)

The Association of Nigerian Women Business Network (ANWEN) have disbursed N500 million facility to over five million Nigerian women entrepreneurs to boost their businesses.

ANWEN in partnership with Unity Bank had put the facility in place to enable beneficiaries to get soft loans, ranging from N100,000 to N5 million each at single-digit interest rates.

This was disclosed by the National Coordinator of ANWEN, Ajala Angela, yesterday, at the International Women’s Day 2024 Inspire Induction celebration held in Abuja.

The celebration was themed, ‘Building Sustainable Entrepreneurial and Financial Skills for Women in Challenging Times’.

According to Angela, the association, made of 66 different bodies across the country, is vital to creating and addressing major challenges business and professional women face.