Link to Apply for MTN Yellopreneur Phase 2 N3M Equipment Loan
Welcome to MTN portal to apply for MTN Yellopreneur Phase 2 N3M Equipment Loan for interested female entrepreneurs to stand a chance of getting N3million equipment loan. Here you will get a first hand information about the MTN Yellopreneur and how to apply successfully.
The aim for the MTN Yellopreneur program is to contribute to the reduction in women’s unemployment and advance women’s development in ‘Entrepreneurship’ through capacity building to enhance their entrepreneurial abilities.
Can Anyone Apply For Yellopreneur?
No,every one can not apply for the Yellopreneur program. Only female entrepreneurs who display passion and commitment for self employment and run an existing business of two years and above in manufacturing, processing, agriculture, ICT/digital services, Financial services, etc are eligible for the MTN Yellopreneur Phase 2 N3M Equipment Loan . The focus is on businesses that source raw materials locally.
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Minimum Qualification
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)
Applicants should note that there will be virtual (online) training sessions that will involve self-paced and instructor-led sessions. MTN will provide data throughout the training period.
Period for the Training
The management of the MTN Yellopreneur has announce that the virtual Training is scheduled to hold for a period of 4 weeks in August 2024.
Loan Worth
Each female entrepreneur will receive up to a N3million 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
All interested female entrepreneurs who wish to apply for the MTN Yellopreneur Phase 2 N3M Equipment Loan should click https://www.mtn.ng/yellopreneur to begin application process.
Important information:
Only shortlisted applicants will be contacted.
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