First Bank 2022 Single-Loan Digit Scheme for Female Entrepreneurs | Call for Applications/How to apply
The FirstGem Fund Scheme is FirstBank’s gender support single-digit loan for women in MSMEs, to enable them meet their working capital and asset finance needs.
Table of Content
About First Bank of Nigeria PLC
First Bank of Nigeria, sometimes referred to as FirstBank, is a Nigerian multinational bank and financial services company headquartered in Lagos. It is the biggest bank in Nigeria by total deposits and gross earnings.
It operates a network of over 750 business locations across Africa, the United Kingdom and representative offices in Abu Dhabi, Beijing and Johannesburg set up to capture trade-related business between geographies. The bank specialises in retail banking and has the largest retail client base in Nigeria. In 2015, The Asian Banker awarded FirstBank the Best Retail Ban... read more
Subscribe for scholarship alert.
Be among the first to know whenever new First Bank of Nigeria PLC scholarship is going on. Enter your email address and click the Subscribe button ↓
First Bank Single-Loan Digit Scheme
Aim and Benefits of First Bank Single-Loan Digit Scheme
- Min amount of N500, 0000 and Maximum of N3,000,000 (based on eligibility)
- Interest Rate – 9% p.a
- Tenor 12 – 24 months based on facility type
- Management fee: 0.5% flat (one off)
- Keyman Insurance: 0.5% (one-off)
Requirements for First Bank Single-Loan Digit Scheme Qualification
- Working Capital – To purchase raw materials or stock in trade.
- Time/Term Loan – To purchase assets (specialized assets may be financed on exceptional basis)
- Women Owned /Led MSMEs in the following sectors
- Food / Beverage processing & Packaging
- Beauty and cosmetics
- Confectionaries, Catering & Restaurants
- Transportation (Logistics)
- Agric/Agro-Allied (retail value chain)
Checkout: How To Write A Scholarship Essay - Scholarship Essay Examples
Application Deadline
January 1, 1970
How to Apply
Interested and qualified? Go to
First Bank of Nigeria PLC on www.firstbanknigeria.com to apply
For more details, click here
UK Scholarships for International Students 2023/2024
20 Scholarships for African Students 2023/2024
Want to study abroad? Find Ongoing Scholarships to Study Abroad Here
Scholarshipair.com
Share this scholarship
Subscribe for scholarship alert.
Be among the first to know whenever new First Bank of Nigeria PLC scholarship is going on. Enter your email address and click the Subscribe button ↓
Scholarships You May Like
Subscribe for scholarship alert.
Be among the first to know whenever new First Bank of Nigeria PLC scholarship is going on. Enter your email address and click the Subscribe button ↓
Menu