Apply With Link BOI GLOW Guaranteed Loans for Women Entrepreneurs
The Bank of Industry (BOI) has unveiled an exciting new initiative called GLOW — Guaranteed Loans for Women, a ₦10 billion fund designed to empower and support women-owned businesses across Nigeria.
GLOW is more than just a loan scheme; it’s a transformative solution aimed at helping women entrepreneurs thrive, scale, and achieve long-term business success. Whether you are just starting out or looking to expand your enterprise, GLOW provides real tools, real support, and real impact to help you reach your goals.
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About GLOW
Recognizing that women’s economic empowerment is vital to national growth, BOI is taking deliberate steps to embed gender inclusion in its operations and policies. The Bank supports women-owned businesses, builds strong partnerships, and creates more opportunities for women in diverse sectors.
Through its Gender Business Desk, BOI ensures gender considerations are at the heart of every level of decision-making. The goal is simple — to close the financial gap and fuel the rise of bold, visionary female entrepreneurs across Nigeria.
Loan Features and Benefits
GLOW offers women entrepreneurs flexible financial and non-financial support, including:
1. Micro Enterprises: Loans of up to ₦10 million
2. SMEs: Loans of up to ₦50 million
3. Tenor: Maximum of 5 years
4. Interest Rate: 7% per annum — an uncommon rate for business financing in Nigeria
But that’s not all. GLOW also provides expert-led training, mentorship, and ongoing business support to ensure beneficiaries can grow and sustain their businesses in the long run.
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Who Can Apply?
The program targets:
a. Women-owned businesses
b Gender-forward businesses that promote inclusion and empowerment
How to Apply
Interested applicants can register and apply through the official BOI GLOW portal here https://iprogrammes.boi.ng
For more details or inquiries, visit any BOI state office or check www.boi.ng.
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