FirstGem Funds

The FirstGem Fund Scheme is FirstBank’s gender support single-digit loan for women in MSMEs, to enable them meet their working capital and asset finance needs.

Are you a female MSME owner living in Lagos, Delta, Anambra, Kano or Osun?

The ELOY/FirstBank Business Shower is designed to equip, mentor, and support you with practical ways to grow your business.

The showers would hold across the following states in July 2023.

Delta state - 6 July 2023.

Anambra state - 8 July 2023.

Kano state - 13 July 2023

Osun state - 15 July 2023


Don’t miss this opportunity

Click here to register.

Loan Information

FAQs

MSMEs in the following approved sectors:

  • Food / Beverage processing & Packaging
  • Confectionaries, Catering & Restaurants
  • Transportation (Logistics)
  • Beauty/cosmetic products
  • Agric/Agro Allied (retail / food value chain)

All women owned and led MSMEs with at least 51% female ownership in the approved sectors.

Yes, eligible businesses must be registered with CAC.

Minimum of N500,000, maximum of N3M.

It is a single digit loan at 9%

12months for Working Capital and 24months for the Term Loan.
Yes, on provision of their 12-month business account statement from another bank and opening of a Gem Business account.
No. The eligible sectors are;
  • Food / Beverage Processing & Packaging
  • Confectionaries, Catering & Restaurants
  • Transportation –Logistics
  • Beauty/cosmetic products
  • Agric/Agro Allied retail / food value chain)
Download the loan application form and visit your branch or any of our branches nationwide to submit and initiate your loan.

See Also