Firstbank, Eloy Foundation Empower Over1000 Women in MSMEs

The ELOY Awards Foundation has said that it has in partnership with FirstBank launched the 2023 Edition of the “Eloy Business Showe,r” designed and dedicated to encouraging, promoting and empowering businesses owned by women across Nigeria.

In a statement, it said the focus and aim are to expose women in business to important business skills, networking, and the Eloy Foundation Business Toolkit, which is a collection of business survival information.

“This will further be executed through FirstBank’ FirstGem 9% Loan Scheme created for female owned MSMEs and the SMEConnect Initiative. The Business Shower by the ELOY Awards Foundation was held in five                                                                                                           states: Lagos, Delta, Anambra, Kano and Osun States.”

According to Founder of the ELOY Awards Foundation, Tewa Onasanya, “the ELOY Business Shower was held to support business owners to build sustainable businesses. This year at the second edition of the program, we hosted 1087 (one thousand and eighty-seven) women across the 5 states visited in Nigeria. It was an avenue for these women to gain access to entrepreneurial trainings from experienced businessmen and women, who armed them with tools and information to help them grow their businesses successfully. Plus, it doesn’t end here. The over 2300 women who registered for the program will also be invited to join the ELOY Foundation Network, a network that will continue to give them access to resources to help their businesses grow.”

Expressing her delight on the recently concluded ELOY Foundation Business Shower, FirstBank’s Group Head, Marketing & Corporate Communications, Folake Ani-Mumuney, said, “we commend Eloy Foundation Awards for convening the second edition of its Eloy Business Shower which has impacted over 1000 female business entrepreneurs across the country.”

“Female business owners that participated at the event in the 5 cities – Lagos, Delta, Anambra, Kano and Osun States – are encouraged to take advantage of the teachings from the facilitators as these are essential to boosting their contribution to the economic activities in their host state, geo-political zones and nation at large, whilst sustaining their businesses,” she concluded.

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