October 3, 2022
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Low Interest Zenith Loan For Women: Z-Woman Business Package

Zenith Bank

Most times, no matter how financially buoyant we may be, we all need that extra push financially to reach our goals. Luckily for us, and by us I mean the ladies, getting loans just got a step easier. Even with just a means of identification and a few documents, you should be able to grab a loan in the nearest Zenith bank branch around.

Need some extra cash? Here is all you need to know about the Z-Woman business package.

Z-Woman Business Package Zenith Loan For SMEs

Z-Woman Business Package is a loan, an initiative, set aside for females only. That’s right ladies. We should all rock this Zenith Loan. It is a loan product set up for female – owned businesses for all sectors and you can grab up to N10 million naira with a single-digit interest rate. The female entrepreneurs would also enjoy free digital skills training and free exhibition stands at Zenith events for the purpose of promoting their products and services.

This Zenith loan / package is designed to empower SMEs (Small and Medium Enterprises) majorly run women to serve the purpose of meeting their business and enterprise needs. Lot and lots more benefits comes with this package for females who are making a stand in the labor market.

All You Need To Know About The Z-Woman Business Package For SMEs

Eligibility

To access this Zenith loan, the business has to be a female owned business with a female holding major shares of 55% or more.

Purpose

The Zenith Loan is set aside for business expansion, working capital requirements, purchasing of raw materials and the likes. It can be used for any of the following sectors beauty / style, confectionery, agriculture, fitness and other businesses managed by women.

Rate

9.00% per annum                                                                    

Maximum amount

Ten Million Naira (N10M)

Loan Duration

Between 12 to 24 months.

Security

One must accept the BVN covenant, have insurance, positive credit checks, and a company profile.

Repayment

Repayment can be done monthly or quarterly and your business main account would have to be a Zenith account.

Management fee: 1% flat.

How to Apply for The Z-Woman Business Package

To begin the process to acquire the Zenith loan, Z-Woman Business Package, simply visit any Zenith Bank Branch in Nigeria with the requirements stated above and that’s all about it.

This is a nice initiative for ladies looking out to beginning new businesses or looking out to expanding their already existing businesses. As long as it is owned by a woman, or a woman has the largest shares in the business / firm, she can apply for this Zenith loan at a flat rate of 9.0% per annum.

For more enquiries, kindly send an email to agentbanking@zenithbank.com.

For more information on the Z-Woman Business Package (SME Loans) Zenith Loan click here.

Zenith Bank Plc offers even more loans available to a large range of persons and large range of businesses. Some loans are even designed to cover educational expenses and large expenses as well with low and manageable interest rates.

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