BOI loan for women

Women Focused Funds

Driving Gender Equality and Women Empowerment

BOI is a firm believer in gender equality and has positioned itself to ensure that women-owned and women-led businesses can access low-cost financing over long tenors and with favourable terms. Inadequate support for MSMEs often affects women disproportionately, making it more difficult for them to become successful entrepreneurs. Hence, this demographic of entrepreneurs are given added focus and support by the bank.

Women’s economic empowerment boosts productivity, increases economic diversification and income equality in addition to other positive development outcomes. Enabling growth in these businesses would certainly add to the National GDP. Through a dedicated Gender Desk, BOI coordinates loans and partnerships to empower and support women entrepreneurs and their economic well-being.

The Gender Business Group’s area of focus is emerging sectors particularly Women in Businesses irrespective of the sectors The Group’s sub-sectors are as follows:
Agro-Processing, Healthcare, Food Processing, I.C.T & Engineering, Creative Industry, Gas & Petrochemical and Fashion Industry.


We Create Convenient and Valuable Opportunities for Businesses in Nigeria

  • We ensure that our loan terms are favourable and provided to ensure the greatest levels of success for our beneficiaries.
  • The bank provides extended repayment schedules to give businesses ample time to repay loans and minimise default.
  • All our loans and funds are sector-specific and tailored to the unique needs of micro-enterprises, SMEs and large enterprises.
  • We create direct opportunities as well as in partnership with other stakeholders for improved business performance, as businesses require more than financing to succeed.
  • The bank delivers special support and financing to disadvantaged and vulnerable sectors within the grassroots that are typically underserved but critical to economic prosperity.

Women Focused Products

Building capacity and providing financial support for Female Entrepreneurs


Since our inception, BOI has disbursed its funds in the form of low-cost and long-term loans in excess of ₦67.28 Billion ($140.1 million) to over 1.3 million women-led enterprises. Our intervention is expected to assist beneficiaries to enhance their production capacities, and save foreign exchange through import substitution.


Frequently Asked Questions on Enterprise Products

Browse through our repository of answers to our frequently asked questions. Should you not find a conclusive answer to any of your questions, please book a consult by filling out the form on the right and we will get in touch with you.

How do I apply for a BOI loan?

Loans can be applied for either physically or online. For physical application, customers are advised to apply either at any of the BOI branch offices that is closest to them or at the headquarters (for loan applications that are N1bn and above). Customers who want to apply online can do so by applying on the bank’s website or by clicking the link to apply.

How do I ensure my project is eligible for financing?

There are criteria that must be met for a project to be eligible for financing. These include:

  1. Businesses must be registered with the Corporate Affairs Commission (CAC)
  2. Businesses must have their audited financial statements (if existing)
What are the required documents for loan application?

There is a checklist that can guide loan applicants. The list of requirements to apply for a loan can be found on the Bank’s website. Please click here for Pre and Post Approval documentation requirements. (LE checklist link)

Is there a checklist that guides my application for a loan?

Yes, there is a checklist that can guide loan applicants. The list of requirements to apply for a loan can be found on the Bank’s website. Please click here for Pre and Post Approval documentation requirements.

Where do I submit my loan application?

All loan applications are submitted at the respective groups within the head office. However, it is IMPORTANT TO NOTE that processing of the loan application does not commence until all documents stated in the checklist are provided. (Our Locations)


Micro Enterprise

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We believe that collaboration is necessary to achieve our goal of economic transformation goal, We want to Work with you to achieve a sustainable growth, lets begin your success journey.

Women Focused Funds