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| Nike Abimbola, Angela Ajala & Opeyemi Ojesina. |
As part of activities to mark the 2024 International Women’s Day, Unity Bank Plc and the Association of Nigerian Women Business Network, ANWBN, have partnered to reach out to over 90 women groups across Nigeria through the Yanga Account.
At
a forum held in Abuja, Unity Bank unveiled the Yanga account to the women's
group, providing opportunities for the members to benefit from the enhanced
product packages targeted at women entrepreneurs with capacity building, MSME
financing schemes, affordable health insurance and cash management.
Speaking
at the event themed: “Building Sustainable Entrepreneurial and Financial Skills
for Women in Challenging Times,” the Divisional Head of Retail & SME
Banking at Unity Bank Plc, Mrs. Adenike Abimbola said no fewer than 5,000 women
have benefited from the Bank’s partnership with the association through the
Yanga savings account offering.
Launched
in 2021, the Yanga Savings Account is targeted to boost Nigerian women
entrepreneurs, promote their businesses, and improve their skill set, while
providing them with access to micro-loans and health insurance.
“The
partnership with ANWBN has successfully led to the empowerment of Nigerian
women with skills and credit facility with a single digit interest-free loan,
which has so far expanded the MSME circle in Nigeria,” Adenike said.
Also
speaking, the National Coordinator, ANWBN, Angela Ajala said the association
comprises over 90 women business groups with over 5 million members. She
commended Unity Bank for its support and noted that Yanga’s offering resonates
with the need “to equip women with the tools, resources, and knowledge needed
to thrive as entrepreneurs and financial leaders”.
Recall
that Unity Bank recently partnered with SkillPaddy to empower no fewer than
1,000 female beneficiaries in Software Engineering Training, also as part of
initiatives to mark International Women’s Day 2024.
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