Apply For MTN Yellopreneur Phase 2 N3M Equipment Loan

Apply For MTN Yellopreneur Phase 2 N2M Equipment Loan

Call For application: MTN is inviting female entrepreneurs to apply for its Yellopreneur Capacity Building Training empowerment program to stand a chance of getting N3million equipment loan.

The MTN Yellopreneur aims to contribute to the reduction in women’s unemployment and advance women’s development in ‘Entrepreneurship’ through capacity building to enhance their entrepreneurial abilities.

You may want to also check Apply For Access Bank Youthrive Program For MSMEs

Who can Apply For Yellopreneur?

A Female entrepreneurs who display passion and commitment fo self employment and run an existing business of two years and above in manufacturing, processing, agriculture, ICT/digital services, Financial services, etc. The focus is on businesses that source raw materials locally.

Minimum qualification: The minimum qualification is a Secondary School Certificate.

The implementing partner on this initiative with MTN Foundation is the Bank of Industry (BOI).

Capacity Building (Training): there will be virtual (online) training sessions that will involve self-paced and instructor-led sessions. MTN will provide data throughout the training period.

Scheduled period for the Training: The virtual Training is scheduled to hold For a 4 weeks period in August 2022.

Loan equipment Value: Each female entrepreneur will receive up to a N3million equipment loan subject to their business plan analysis.

You may want to also read NIN And BVN Bank Account Linkage March 1st 2024 - What Is Next

Repayment period: The equipment loan repayment period is 6 months moratorium and 36 months repayment period. However, this is subject to the terms & conditions reached between the female entrepreneur and BOI.

How to Apply:

Interested female entrepreneurs should apply via https://www.mtn.ng/yellopreneur

Note: Only shortlisted applicants will be contacted.

Post a Comment