Segilola Resources Empowers Women Entrepreneurs in Nigeria
The Segilola Women Initiative Programme (SWIP), launched in 2021 by Segilola Resources Operating Limited (SROL), aims to empower women in the host communities of Imogbara, Odo Ijesha, and Iperindo, Nigeria. Since its inception, SWIP has supported over 200 women by providing business equipment and financial literacy education.
In its sixth edition this year, the program supplied 30 women with tailored equipment, including freezers, sewing machines, and multipurpose grinders. Additionally, SROL conducted follow-up assessments with previous beneficiaries to evaluate their progress and provide further support.
This approach emphasizes sustainable growth rather than merely addressing immediate needs, recognizing that access to finance remains a significant barrier for women entrepreneurs in Nigeria, where they account for about 40% of early-stage entrepreneurs but face declining representation as businesses grow.
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