Africa’s Richest Woman, Ogun State First Lady and others celebrate FCMB SheVentures at 1

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On March 5, 2020 main lender First City Monument Bank celebrated the primary yr anniversary of SheVentures, its unique proposition for girls in business.

The occasion had in attendance the First Lady of Ogun State, Her Excellency Mrs. Bamidele Abiodun; Managing Director, Rose of Sharon Group and Executive Vice Chairman, Famfa Oil, Dr. (Mrs.) Folorunsho Alakija (who was the Guest Speaker) and former Deputy Governor of Lagos, Mrs. Sarah Sosan, amongst different prime personalities from varied walks of life and business.

Speaking on the occasion, the Group Chief Executive of FCMB Group Plc, Mr. Ladi Balogun, described SheVentures as an important a part of FCMB’s quest to upscale the efficiency of SMEs.  According to him, “Many
of the large firms in the present day that FCMB has had the privilege of
supporting began off as small firms with huge aspirations. Many of
have gone on to turn into family names in oil and fuel, know-how, meals
and beverage in addition to different sectors. Our SheVentures initiative was
created for the only real objective of making certain that women-owned companies are
not neglected within the growth of the nation’s economic system by their
collective and particular person contributions as business homeowners.”

In her presentation titled, ‘’Women Supporting Women’’, the Guest Speaker, Dr. (Mrs.) Alakija,
who’s rated as Africa’s richest lady, recommended ladies entrepreneurs
for his or her resilience. According to her, ‘’I’ve heard so many superb
issues concerning the FCMB SheVentures and the way it has been turning across the
fortunes of feminine entrepreneurs. It is gratifying that girls have
continued to interrupt boundaries within the business and company world, regardless of
the challenges.’’

her half, the First Lady of Ogun State, Mrs. Bamidele Abiodun, urged
feminine entrepreneurs to brace as much as the challenges of the socio-economic
realities. She suggested the beneficiaries of the FCMB SheVentures
initiative to think about it as an avenue
for sustainable financial empowerment by which they might enhance
their productiveness, enhance their income stage, turn into employers of
labour and general contribute to the expansion of the nation.

FCMB SheVentures proposition provides many distinctive propositions to
Nigerian ladies who personal or handle a business, together with entry to loans
of as much as N5,00zero,00zero (5 million naira) at zero rate of interest. SheVentures is designed to encourage and equip ladies
entrepreneurs to take daring steps that may allow them to turn into extra
aggressive, productive and worthwhile, finally serving to them obtain
their business aspirations and contribute considerably to nationwide

To date, over 2,00zero feminine owned or managed SMEs in Nigeria have benefited from FCMB’s SheVentures proposition because it was launched in March 2019. The advantages of the initiative embrace entry to mentorship, capability constructing, networking and nil curiosity loans of between N500,00zero.00 to N5,00zero,00zero.00.

The spotlight of the SheVentures anniversary occasion was the presentation of curiosity free mortgage cheques, starting from N3million to N5million, to a different set of beneficiaries and award presentation to the very best mentees from the SheVentures Mentorship Programme. 

For extra details about FCMB SheVentures, please go to

See footage from the occasion under:

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Durodola Bolaji

A network marketer, entrepreneur and investor, I am happily married with kids. I reside in Ibadan and run a company in Northern side of Nigeria. I am currently earning passive income working from the comfort of my home using the Internet, email, and the telephone with an incredible sense of security and peace of mind. I've been earning a full-time income from home online since 2014, mostly within the network marketing and direct sales industry, and in recent years.

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