Sterling Bank Plc, through its One Woman proposal, worked with the QSE Foundation to empower women in the Ikate Elegushi community of Lekki in Lagos State by providing them with credit facilities.
The Women’s Empowerment Program, which is a focal point for One Woman at Sterling Bank, will enable women to expand their existing businesses while positioning Sterling Bank Plc as a gender-focused organization.
Speaking at the presentation ceremony, Mr. Gbenga Adegoke, Group Head, Products and Proposal with Sterling Bank, said the empowerment program is an integral part of the bank’s partnership with the QSE Foundation, founded by Olori (Queen) Sekinat Aramid Elegushi.
He revealed that the bank’s One Woman Proposition recently partnered with the QSE Foundation to organize a free breast cancer awareness for women in the Ikate community as part of the activities marking World Cancer Day, which took place. occurred recently.
Also speaking, One Woman Proposition head Ms. Ifunanya Ugboko said it was important to ensure that women-owned businesses thrive and lift many women out of poverty.
She also mentioned that the women’s empowerment program would take place in different phases. She explained that they analyzed each recipient and structured the loans according to their needs and abilities, adding that those with large businesses received up to N300,000 and above.
In partnership with OneWoman, the EveryNanny team was present at the Women’s Empowerment Program. Ms Adaobi Ugha, Director of EveryNanny, said that although EveryNanny was established to help households / parents provide stress-free parenting and domestic support, it has provided employment opportunities to over 2,000 women in Lagos and across Nigeria over the past two years. Indeed, Every Nanny has evolved beyond providing nanny services to providing other services like home tutor, elder care, cooks, housekeepers, etc. on its platform. Overall, Every Nanny has empowered women financially / economically while providing domestic care support for households.
Olori Sekinat Aramide Elegushi, who recently celebrated her 45th birthday, expressed gratitude to Sterling Bank for partnering with her foundation and helping her fulfill a long-standing desire to support some of the women who run businesses. existing with microcredits in their community.
The One Woman proposal was designed to identify and deliver tailor-made solutions for the Nigerian woman, this solution covers a range of different value-added offerings to meet the financial, business and personal needs of women, to foster support by providing women’s platforms to support other women. ensure that women live fulfilling lives.
Some of these offerings include creating market access for women-owned businesses, Sterling Maternal Medical Finance (SMMF), available to women for specific medical treatments like fibroids; personalized debit cards with a bold feminine touch that would give cardholders access to select discounted partner outlets across the country; discounts on lending rates on all existing retail lending products such as personal loans, asset acquisition loans, MSME loans for women, Every Nanny solutions and capacity building for women.
Others are Womenpreneurship, which includes internship opportunities and job shadowing programs for young women with free or discounted MSME academy access. Free annual checkups for women throughout the week of International Women’s Day at select Sterling Bank branches are also being offered as part of the Timely Proposal.
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