ACCESS BANK AND OTHERS OPEN FEMALE ENTREPRENEURSHIP PLATFORM

ACCESS BANK AND OTHERS OPEN FEMALE ENTREPRENEURSHIP PLATFORM

ACCESS BANK AND OTHERS OPEN FEMALE ENTREPRENEURSHIP PLATFORM

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SME.NG in partnership with Access Bank Plc and other leading institutions, including the Bank of Industry (BOI), LAPO Microfinance Bank, Chapel Hill Denham, and the Impact Investment Foundation Nigeria are launching the Ebi Marketplace – a Nigerian innovation for female entrepreneurs NewsReport gathered.

The Ebi Marketplace consists of access to the capital market, an e-commerce mall, and a knowledge market for female entrepreneurs in Nigeria seeking to digitize their businesses.

Conceptualized and developed by SME.NG as a tangible solution to the impact of COVID-19 on female entrepreneurs, the Ebi Marketplace aims to close the gender digital divide in Nigeria by supporting women’s digital literacy and financial inclusion, while providing access to capital and markets.

The brain behind the Ebi Marketplace, Thelma Ekiyor stated that SME.NG is committed to investing in facilitating female entrepreneurs’ profitability so that they are positioned for infusion of capital.

According to her, this innovation is supported by Nigerian investors for the Nigerian market.

“We at SME.NG sees itself as an indigenous solutions provider in Nigeria’s SME ecosystem. Women in Nigeria establish businesses more than men but struggle to grow beyond a certain point. We believe we have a strategic role to play in breaking that financial and growth ceiling,” she noted.