Did you know that MTN is presently accepting applications for its YellowPreneur Capacity Building Training Empowerment Program from women business owners?
A candidate is eligible to get an equipment loan up to N2 million.
The major goals of MTN Yellowpreneur are to lower or lower the rate of female unemployment and to support the advancement of women in entrepreneurship by enhancing their capacity to realize their entrepreneurial potential.
Read on as we showcase the MTN Yellopreneur N2m Device Loan Application Portal.
MTN Yellopreneur Loan Requirements -Who can Apply?
- Any female entrepreneur who can display passion and commitment to self-employment and run an existing business of up to two years in manufacturing, processing, ICT, agriculture, digital
services, Financial services, and so on. - Kindly note that the focus is on businesses that source raw materials locally.
MTN Yellopreneur Loan Qualification
- The minimum qualification for the MTN Yellopreneur loan is a Senior Secondary School Certificate such as WAEC, NECO, NATEB or its equivalents.
- Disbursement Bank
- The disbursement bank or implementing partner on this initiative with the MTN Foundation is the Bank of Industry (BOI).
Capacity Building (Training)
There is going to be a virtual (online) training session that involves self-paced and instructor-led sessions. MTN will provide data throughout the training period.
Training Date
The virtual MTN Yellopreneur training is scheduled to hold for a Four (4) weeks period in August 2022. Loan equipment Value: Each female entrepreneur will receive up to a N2million
equipment loan subject to their business plan analysis.
Loan repayment period
The MTN Yellopreneur loan repayment period is 6 months moratorium and 36 months repayment period.
Note: This loan repayment is subject to the terms and conditions agreed by the female entrepreneur beneficiary with BOI.
How to Apply
Candidates can apply for MTN Yellopreneur loan.
Submit your application, interested female entrepreneurs should follow this link