We are pleased to inform you that the 4th edition of the Zero interest loan has kicked off.

Since the launch of this unique proposition in 2019, 120 female entrepreneurs have received loans ranging from N500,000 to N5 million at 0% interest to support their businesses.

In this edition, 40 new customers will benefit from the loan and undergo the mandatory training and mentorship program.

Eligibility Criteria

Female SME customers that have a turnover of not less than N1m  monthly average can apply.

Features of the Zero Interest Loan

Interest rate

0% (all charges/fees inclusive)

Tenor and repayment

Maximum tenor of 3 months. Payment cycle is flexible depending on customer cash flow and need

Facility Amount

Minimum amount is N500, 000 and Maximum amount is N5, 000,000 per single obligor

Target Market

Women-owned and women-run businesses

How to apply

Female SME customers should click here to apply. The application link will close on February 27th, 2020.


If additional clarification is required, kindly send an email to sheventures@fcmb.com.