First City Monument Bank, a foremost financial services provider in Nigeria, has continued her aggressive drive and support for the Small and Medium Enterprises sector in the country. The bank, which was recently voted as the Best SME Bank in Africa, thereby consolidating its position as the dominant financial institution in the segment, has made more funds available to women entrepreneurs through her “SheVenture” initiative.
The SheVentures initiative offers enhanced support to women-owned SMEs and starts-ups through access to finance, training and mentoring with the unique benefit of zero-interest rate for an initial period of three months. Over 15,000 women-owned SMEs have so far benefitted from this, in terms of funding and training, in the last 18 months.
