FundHer

by

Empowering Women
Entrepreneurs

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?

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.