GENDER MAINSTREAMING LOAN ACCESSIBILITY- SMEDAN Versus SHE VENTURES

There’s still a business development and financial literacy education gap in orientation of start ups and scaling sustainable businesses in Nigeria. While these loans can be a way to support women in businesses, there are factors that still limit Economic Justice such as CAC registration, Tax, Human Capacity, Resources, Security, NAFDAC, Advertising Agency Fees, and then Leadership. Nigeria has more to do, to show accountability and commitment to give women, and push benefit realisation and economic advantage women led businesses bring. The social norms and expectations of women in Nigeria and the economics of Care, are areas that require addressing and long term interventions. 

Gendered Biased Lending Practices limit access to funding for Female-Led and Owned Businesses in Nigeria

Out-of-date, gender-biased lending practices often mean female entrepreneurs are more likely to get higher interest rates, smaller loan amounts and increased penalties for mistakes.

Tackling Gendered Economic Equity in Nigeria.

ddressing these disparities is crucial for fostering a more inclusive and sustainable business environment. Environment of business scalability is also expensive to run with bills, taxes, resources that at are competent with capacity, infrastructure and security requires evaluation when reviewing loans and funding for women led businesses.