Fuel Your Business Dreams with FundHer!
Are you a female Nigerian entrepreneur looking for financial support to scale your business? FundHer by HerFidelity is designed just for you! We understand the challenges women-owned businesses face in securing funding. That’s why we’re bridging the gap with affordable, accessible, and tailored loan solutions to help your businesses to grow, thrive and prosper.
Our Loan Offerings
Working Capital Loan
Get up to ₦50M to finance stock, raw materials, and operations
Asset Financing Loan
Secure up to ₦100M for equipment, vehicles, office furniture, and more
Business Expansion Loan
Obtain a loan of up to ₦100M for office space, renovations, and expansion
Who Can Apply?
- Women-led SMEs in Nigeria
- Female-owned startups and SMEs in Nigeria
- Women entrepreneurs seeking funding to scale and expand
- Female agripreneurs in agribusiness and food processing
- Women-led tech startups and digital businesses
- Female-owned healthcare and wellness businesses
- Women in education, consulting, and professional services
- Women in businesses in Trade, Commerce, Manufacturing, or Services
- Women in the creative industry (fashion, beauty, entertainment, content creation)
Why FundHer?
Flexible Loan Options
Access loans from ₦50M to ₦100M
Competitive Interest Rates
Enjoy competitive interest rate
Convenient Repayment Plans
Repay over 12 to 24 months
Business Growth Support
Designed for women in Trade, Commerce, Manufacturing, and Services
Application
Visit the nearest branch to apply or fill the form below and we will contact you.
Frequently Asked Questions
The FundHer Loan is a financing product designed to provide financial support to Women-Led Small and Medium Enterprises (WSMEs) in Nigeria. The product offers three types of financing: Working Capital, Asset Finance, and Expansion Finance.
- Working Capital Loan
- Asset Finance Loan
- Expansion Finance Loan
The single obligor limit depends on the type of financing:
- Working Capital Loan: Up to N50 million
- Asset Finance Loan: Up to N100 million
- Expansion Finance Loan: Up to N100 million
To qualify for the loan, a business must meet the following criteria:
- Must be in existence for a minimum of 2 years
- Must be more than 51% owned by a female or have 26-50% female ownership with a female CEO/COO/President/Vice President
- If a board exists, at least 40% of the board of directors must be women
Eligible businesses include those in:
- Trade & Manufacturing: Local traders, distributors, wholesalers, general merchants, supermarkets, packaging companies, manufacturers of FMCG products.
- Services: Businesses with daily cash flow and short cash conversion cycles, such as mechanics, artisans, barbers, hairstylists, cleaning services, business centers, etc.
Repayment terms involve monthly payments of both principal and interest.
Collateral requirements for the FundHer Loan vary based on the loan amount. For loans below N20 million, flexible collateral options are available, regardless of the product category (Working Capital, Asset Finance Loan, or Expansion Finance Loan). However, for loans exceeding N20 million, legal mortgage or cash collateral is mandatory.
