FATE Foundation has opened applications for the 7th Cohort of its Revolving Loan Fund Programme (RFP) in Lagos State, aimed at supporting young entrepreneurs between ages 18 and 35. The initiative, organised in partnership with Youth Business International and Future Makers by Standard Chartered Foundation, seeks to provide access to financial empowerment, business development, and advisory support.
According to the organisers, “The Revolving Loan Fund Programme is designed for nano and micro business owners in Lagos State to enhance their financial skills and improve access to loan funding for business growth.” The hybrid training is set to begin on Monday, 16th February 2026, and will run until 11th March 2026.
Participants will benefit from financial literacy training, low-interest loans ranging from N500,000 to N10,000,000, and digital tools for financial empowerment. The programme also prioritises women and persons with disabilities, with care support available for nursing mothers.
“The FATE School START. GROW. SCALE. continues to equip young entrepreneurs with essential business and financial knowledge,” the Foundation stated.
Interested applicants are required to first complete the LMS Course (Phase 1) at bit.ly/FATE-SCFphase1 before proceeding to apply for the hybrid training (Phase 2) through bit.ly/RFPLagosCohort7.
Applications close on 25th January 2026, and selected participants will have the opportunity to access business loans, mentorship, and financial training to scale their enterprises in Lagos State.