FEEL (Female Entrepreneur Empowerment Loan): This loan product is designed specifically to support
and empower female entrepreneurs in petty trade, artisans, production, farming, and manufacturing. It
is true that when a woman is empowered, the whole nation is empowered.
Group membership is required for the loan to serve as social guarantee among the members.
In addition to providing these industrious women loans, we also train them on how to manage their
businesses, financials, and customers relations
- Membership of a group for at least two (2) weeks
- Low-interest rate
- Equal weekly installment of principal and interest
- Loan tenure is 6 months (23 weeks)
- 10% saving contribution of the loan request
- Moratorium of two (2) weeks on principal and interest
- No collateral required
- 1 Guarantor
- Loan range of N70, 000 to N240, 000.