FATE Foundation, working alongside Standard Chartered Foundation via the Futuremakers program, announces the opening of applications for Cohort 6 of their Revolving Loan Fund Program targeting Oyo State. The Revolving Loan Fund Program aims to support young business owners by providing entrepreneurial training, financial education, and access to reasonably priced financing to help expand their enterprises.
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Background on FATE Foundation
Established in 2000, FATE Foundation stands as Nigeria’s premier non-profit entity focused on advancing business development and entrepreneurial growth. The organisation equips both aspiring and existing entrepreneurs with essential skills, resources, and professional networks needed to establish, develop, and expand viable businesses. By offering training programs, mentorship opportunities, and funding connections, FATE has positively influenced thousands of enterprises throughout Nigeria.
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What the Program Includes:
The Revolving Loan Fund Program provides:
- Training in Financial Literacy.
- Loan Funding Access (Ranging from ₦500,000 to ₦10,000,000 with favourable interest rates).
- Business Growth and Consultation Services.
- Digital Resources and Financial Empowerment Tools.
- Support Services for Nursing Mothers.
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Who Can Apply:
- Young business owners between 18–35 years of age.
- Individuals operating nano or micro enterprises within Oyo State.
Final Application Date: July 11, 2025. Click HEREÂ to apply
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