Call for Applications: MTN Foundation Y’ellopreneur Fund

Call For application: MTN Foundation is inviting female entrepreneurs to apply for its Yellopreneur Capacity Building Training empowerment program to stand a chance of getting an N3 million equipment loan.

The MTN Yellopreneur aims to contribute to the reduction in women’s unemployment and advance women’s development in ‘Entrepreneurship’ through capacity building to enhance their entrepreneurial abilities.

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Who Can Apply For Yellopreneur?

Female entrepreneurs who display passion and commitment to self-employment and run an existing business of two years and above in manufacturing, processing, agriculture, ICT/digital services, Financial services, etc. The focus is on businesses that source raw materials locally.

Minimum qualification: The minimum qualification is a Secondary School Certificate.

The implementing partner on this initiative with MTN Foundation is the Bank of Industry (BOI).

Capacity Building (Training): there will be virtual (online) training sessions that will involve self-paced and instructor-led sessions. MTN will provide data throughout the training period.

Scheduled period for the Training: The virtual Training is scheduled to be held For 4 weeks in August 2022.

Loan equipment Value: Each female entrepreneur will receive up to an N3 million equipment loan subject to their business plan analysis.

Repayment period: The equipment loan repayment period is 6 months moratorium and 36 months repayment period. However, this is subject to the terms & conditions reached between the female entrepreneur and BOI.

How to Apply:

Interested female entrepreneurs should apply via https://www.mtn.ng/yellopreneur

Note: Only shortlisted applicants will be contacted.