Road to Finance in Nigeria
Our Road to Finance programme was piloted in Nigeria in 2022 with the support of our partners.
With the support of our partners, the ExxonMobil Foundation and Enterprise Development Centre, we’ve been running our Road to Finance programme in Nigeria since 2022.
Women’s entrepreneurship is prominent in Nigeria, with 40% of newly created businesses being woman owned. Still, systemic barriers like gender stereotypes, biased systems and processes, and a lack of knowledge and confidence can prevent women from accessing the finance they need to support their businesses. That’s why we launched our Road to Finance programme.
Road to Finance supports ambitious women in Nigeria to build their skills and confidence in order to successfully secure finance, grow their businesses and achieve their potential. Through four weeks, with additional self-paced learning online, women can access step by step guidance on how to get funding for their business.
So far, 88 Nigerian women entrepreneurs have participated in the programme.
Participants in 2022
93% increased their business’ revenue and profit
86% improved their financial literacy
60% applied for finance and the majority were successful
The Road to Finance program enabled me to approach financial institutions and access finance. I had never done that before, but with the increased financial literacy I had developed on the course, I was able to take that risk and it really paid off.
Road to Finance
Road to Finance is one of the Foundation's five flagship programmes, which also include Road to Leadership, Road to Growth, HerVenture and the Mentoring Women in Business programme. The programme was piloted in Guyana and Nigeria in 2022.
Our partners
Road to Finance in Nigeria is supported by our partner the ExxonMobil Foundation, and delivered with our partner at the Enterprise Development Centre.
