FATE Foundation Loan Fund Programme Oyo State Cohort (₦500,000 to ₦10,000,000 Low Interest)
FATE Foundation in partnership with Youth Business International (YBI) and Standard Chartered Foundation, is excited to announce the launch of the Revolving Loan Fund Programme to support 300 Nano and Micro Enterprises for the next 3 years.
- This programme is a part of the Futuremakers Global Youth economic empowerment initiative to support Youth businesses globally.
- We’re excited to invite you to participate in the three-phase Revolving Loan Fund Programme, designed to equip you with financial literacy knowledge and access to low-interest loans. The 3 phases are:
Phase 1 – LMS Course: Bite-sized Financial Literacy course on Thinkific providing foundational financial management skills to better prepare for loan opportunities.
Phase 2 – Hybrid Training Programme: Certified and shortlisted LMS participants will continue their learning with a 4-week hybrid training, deepening their understanding of business planning and financial management.
- This will help you develop skills critical for business growth and sustainability.
Phase 3 – Revolving Fund Loans: Eligible entrepreneurs from the hybrid training programme will gain access to low-interest (2%-5%) loans.
Programme Overview
The Revolving Loan Fund Programme offers:
- Financial Literacy Training
- Access to Loan Funding(From ₦500,000 to ₦10,000,000 at low interest)
- Business Development and Advisory Support
- Digital Tools and Financial Empowerment
- Care Support for Nursing Mothers
Eligibility Criteria:
- Must be a young entrepreneur aged 18–35 years
- Must own or run a nano or micro business in Oyo State
Application Deadline: July 11, 2025
Programme Duration:
August 11 – September 3, 2025
Enquiries: +2348075815256
How to Apply
Interested applicant can apply via this link:
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