MTN Yellopreneur Equipment Loan 2022: Get 2M Loan from MTN Apply Now!

MTN Yellopreneur Equipment Loan 2022 –  MTN Y’ellopreneur is an initiative of the MTN Foundation designed to provide capacity-building and funding opportunities to qualified Nigerian female entrepreneurs, in collaboration with the Bank of Industry.

This article is all you need to know about the MTN Yellowpreneur Equipment Loan. MTN Yellopreneur aims to contribute to the reduction of female unemployment and increase the development of women in ‘entrepreneurship’ through capacity building to develop their entrepreneurial skills.

About the MYN Yellowpreneur Equipment Loan

MTN Yellopreneur aims to contribute to the reduction of female unemployment and increase the development of women in ‘entrepreneurship’ through capacity building to develop their entrepreneurial skills.

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Who Can Apply For the MTN Yellowpreneur Loan?

• 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 Requirement and Qualifications

• 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.

MTN Yellopreneur Training Date

The MTN Yellopreneur Virtual Training is scheduled for a period of four (4) weeks in August 2022. Value of Loan Equipment: Each female entrepreneur will receive up to N2 million in loan facilities after analyzing their business plan.

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.

Qualified Candidates can apply for MTN Yellopreneur loan. 

Submit your application, interested female entrepreneurs should follow this link
https://www.mtn.ng/yellopreneur

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