UBA, BoI Launch N5bn Facility for Female Entrepreneurs
United Bank for Africa Plc has secured a N5bn loan facility from the Bank of Industry to boost key sectors of the economy and support the growth of sustainable and viable businesses in Nigeria, with a primary focus on micro, small, and medium enterprises owned by women.
The facility, according to a statement from UBA on Sunday, disbursed through the Federal Government's MSME Fund, is designed to stimulate key sectors of the economy while offering affordable financing to support businesses in Green Energy, Education, Healthcare, and Women-Owned Enterprises.