Recognizing the crucial role of female entrepreneurs in shaping Nigeria’s economy, Kolomoni Microfinance Bank (MFB) has stepped forward to support women-led businesses with grants, reinforcing its commitment to economic growth and financial inclusion.
According to World Bank data, 41% of Nigeria’s micro-businesses are owned by women, highlighting their significant contribution to the nation’s entrepreneurial landscape.
Empowering Women on International Women’s Day
To celebrate International Women’s Day (IWD), Kolomoni MFB organized a special event titled “Accelerate Her Growth,” bringing together female business owners to share their experiences, discuss challenges, and compete for financial support.
The event served as both a networking platform and a funding opportunity, culminating in a competitive pitch session, where five female entrepreneurs secured grants to scale their businesses.
“This opportunity was more than just financial support. It was a validation of my hard work, a boost of confidence, and a stepping stone toward scaling my business. Thank you so much, Kolomoni.” — A Grant Recipient
Beyond Funding: Practical Support for Women Entrepreneurs
Kolomoni MFB’s initiative went beyond grants—it aimed to equip female business owners with practical tools and industry connections to help them overcome real-world challenges.
Keynote speaker Ebun Akinwale delivered an inspiring address, emphasizing that:
Entrepreneurship is tough—it requires resilience, creativity, and most importantly, passion.
Passion fuels the journey—but success demands the ability to adapt and persevere.
Overcoming challenges is key—entrepreneurs must be prepared to pivot and push forward even when the odds seem against them.
“Passion is the fuel that keeps your engine running when everything else fails.” — Ebun Akinwale
Expert Insights for Business Growth
The event also featured industry leaders who shared actionable insights to help female entrepreneurs enhance efficiency and scale their businesses.
Odunayo Oyebolu – A seasoned entrepreneur, offering firsthand business growth strategies.
Victoria Ajiboye – A globally experienced marketing strategist, sharing branding and sales tips.
Simi Ojumu – A finance expert, guiding women on financial management and investment.
A Commitment to Women’s Economic Empowerment
Kolomoni MFB’s initiative reflects a larger vision—to support, uplift, and equip female entrepreneurs with the resources and knowledge needed to thrive in Nigeria’s competitive business landscape.
By providing grants, mentorship, and a network of experts, Kolomoni MFB is helping women entrepreneurs turn challenges into opportunities, proving that investing in women is investing in the future of Nigeria’s economy.
