Are you a female entrepreneur in Nigeria looking to take your business to the next level? If so, the MTN Y’ellopreneur Program is here to support you on your journey to success!
Who is this program for?
This initiative is specifically designed for female entrepreneurs across Nigeria, particularly those involved in sectors such as circular economy, manufacturing, processing, agriculture, ICT/digital services, and waste management. We especially value businesses that utilize locally sourced raw materials.
What are the benefits?
By joining the Y’ellopreneur Program, you’ll gain access to a range of valuable resources and support, including:
Entrepreneurial skills training: Enhance your business acumen and learn essential skills to succeed in the competitive market.
Development and presentation of bankable business plans: Get guidance in creating solid business plans that attract investors and lenders.
Equipment loan support: Eligible participants can receive loans of up to N3 Million to invest in necessary equipment for their businesses.
Business advisory support: Benefit from ongoing advisory services to help you navigate challenges and make informed decisions.
Seamless loan repayment process: We ensure a hassle-free repayment process, so you can focus on growing your business.
Phase One Success Story
In our pilot phase launched in 2022, we trained 4,711 female entrepreneurs and provided equipment loans totaling over N94 Million to 50 participants. What’s more, entrepreneurs who successfully repay their loans receive grants equivalent to 25% of the loan value.
What’s happening in Phase Two?
We’re excited to announce the second phase of the program, which will include:
Training for 1,000 female entrepreneurs.
Support in creating bankable business plans.
Equipment loan support of up to N3 Million each for 150 female entrepreneurs.
Continuous business advisory support services.
How to Apply I
nterested applicants can apply through the official MTN Nigeria Foundation website. The application process involves presenting a business plan and demonstrating your commitment to business growth and sustainability.
Conclusion
The MTN Y’ellopreneur Program for Women is more than just a program; it’s a lifeline for female entrepreneurs in Nigeria. We’re dedicated to equipping you with the tools and resources you need to thrive in today’s competitive business landscape.
FAQs
Q: Is this program only for women? A: Yes, the MTN Y’ellopreneur Program specifically targets female entrepreneurs in Nigeria.
Q: What sectors are eligible for support? A: We welcome female entrepreneurs from various sectors, including circular economy, manufacturing, processing, agriculture, ICT/digital services, and waste management.
Q: How much loan support can I receive? A: Eligible participants can receive equipment loans of up to N3 Million each to invest in their businesses.
Q: How can I apply? A: Interested applicants can apply through the official MTN Nigeria Foundation website by submitting a business plan and demonstrating commitment to business growth.
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