Sterling Bank, in collaboration with the Development Bank of Nigeria (DBN), has launched a ₦20 billion loan scheme funding programme to support women-owned and women-led businesses across Nigeria.
The initiative aims to make access to finance easier for female entrepreneurs and help them expand their businesses in key sectors such as healthcare, education, agriculture, fashion, and food & beverage.
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Overview of Sterling Bank, Development Bank of Nigeria (DBN) ₦20 Billion Loan Scheme
| Application deadline | Not specified |
| Eligibility | Women-owned and women-led businesses across Nigeria |
| Business sector | Healthcare, Education, Agriculture, Fashion, and Food & beverage |
| Maximum Loan Amount | ₦75 million with a repayment period of up to three years |
| How to apply | See application details below |
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Through this programme, qualified women can access loans of up to ₦75 million with a repayment period of up to three years. The goal is to remove financial barriers that often limit women in business and empower them to scale their operations sustainably.
To be eligible, applicants must be women entrepreneurs running registered businesses in Nigeria that are either owned or led by women.
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How to apply
Interested candidates are encouraged to visit the Sterling Bank official application portal, review the requirements, fill out the online form, and submit their applications before the deadline stated on the portal.
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