• Home
  • Business
  • News
  • Loans
  • Visa
  • Make Money

Voice of Nigeria

voiceofnigeria.org.ng is the number go-to for making money, grants, fund, loan options and federal government jobs

Access Bank Women Power Loan 2022 – Apply Today

February 1, 2022 By Amitverain Leave a Comment

How to Apply for Access Bank Women Power Loan 2022

Access Bank W Women Power Loan 2022

Join whatsapp group Join Now
Join Telegram group Join Now

If you hit a woman, as the Afkan saying suggests – you hit a rock. It emphasizes the power of a woman in economic construction, Pulley is a well known access bank by Pic. Access Bank has designed Electricity Loans for Nijenan Women. This loan product is designed to provide financing for women-owned businesses by providing access to loans and credit facilities.

Access Bank Women power loans are offered in two specific areas

Term loans: Packaged versions of loans are designed for infrastructure purchase and upgradation. In other words, you can use this loan to buy machinery, equipment and other real estate required for your business.

Working Capital Loan: Whether the loan can be used for the purchase of raw materials or for business operating costs.

Apart from that, you can get up to 100 Million (One Hundred Million Naira) in Mahila Shakti Loans from Access Bank. It is important to note that these loans are only for women-owned businesses or women-owned businesses with up to 50% share ownership. Also, the business must have been operating for at least one year.

Eligibility for W Power Loans

  • The business must be owned by a woman or up to 50% must be owned by a woman.
  • Minimum loan term of 10 years.
  • Your business must have a staff of at least 20 employees.

Documents Required for the Loan

  • Loan Application Form
  • Valuation Report
  • Bank statement (1 year)
  • CAC Certificate of business registration
  • BVN validation page of directors or proprietor.
  • BOQ
  • 1 Guarantor form
  • Credit checks
  • Valid Identity Card

Other Needed Documents

  • KYC
  • Offer letter
  • Executed Term Sheet
  • Advisory Mandate letter
  • Standing instruction for renewal of credit life insurance
  • Domiciliary letter
  • Business or Board resolution
  • Proof of insurance cover and credit life insurance

How to Apply For Access Bank W Power Loan

To apply for the Women Power loan, complete and submit the loan application form. => Download Access Women power Loan Application Form.

For more information, visit https://www.accessbankplc.com/personal-banking/LOANS/W-Power-Loan.aspx

Ensure you carefully read all the instructions and guidelines before you apply.

“Stay updated for “VoiceofNigeria” by subscribing to our platforms. If you’re already part of our community, please share these links with your contacts:
  • VON Website: Visit Here
  • VoiceofNigeria Telegram: Join Our Group (Must Join)
  • Email Newsletter: Click Here

Share this:

  • WhatsApp
  • Telegram

Related

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Search Jobs in Nigeria

Recent Posts

  • Migo loan: Get Instant Loan ₦500 to ₦500,000
  • FG Announces N25,000 Grant a Monthly Support to 15 Million Families
  • FG Remove 7.5% Value Added Tax (VAT) On Diesel
  • Australian Visa Sponsorship Jobs ($80,000 – $140,000 per year)
  •  Strike News: Updates on FG  Meeting with NLC and TUC emerges
  • Npower And Nasims News Regarding Payment October 2023
  • Access Bank USSD Codes OCT 2023 (Updated)
  • Dollar to Naira Black Market BUY/SELL Rate OCTOBER 2023 (UPDATED TODAY)
  • [Updated] UBA Transfer Code | All UBA USSD Code OCT 2023 (UPDATED)
  • 25+Visa-Free and Visa-On-Arrival Countries for Nigerian Passport Holders
Copyright © 2023 Voice of Nigeria. All Rights Reserved
Contact   About  Disclaimer  Privacy Policy