FCMB Boosts SheVentures Loan Pool to ₦1bn for Women Entrepreneurs

First City Monument Bank (FCMB) has increased its SheVentures loan pool to ₦1 billion, offering women entrepreneurs up to ₦10 million interest-free. The initiative aims to empower women in various sectors by providing financial support, training, and mentorship for sustainable business growth.

FCMB's Managing Director, Yemisi Edun, emphasized the bank's commitment to women's economic empowerment and inclusive growth. The expansion from N200 million to N1 billion demonstrates FCMB's dedication to supporting female entrepreneurs and contributing to Nigeria's economic development through tailored financial solutions and capacity-building programs.