FATE Foundation, in partnership with Youth Business International, has announced applications for its Revolving Loan Fund Programme targeting nano and micro enterprises in Ogun State.
The initiative forms part of the Futuremakers global youth economic empowerment programme funded by the Standard Chartered Foundation, designed to improve access to finance and business support for young entrepreneurs.
The programme offers participants access to loans ranging from N500,000 to N10 million at low interest rates of between 2–5 per cent. Beyond financing, selected businesses will receive structured training, advisory services, and enterprise support aimed at improving sustainability and long-term growth.
According to the organisers, the intervention addresses key constraints facing small businesses, particularly access to affordable funding and limited financial management capacity. The model integrates enterprise training, advisory support, and financing to ensure participants can scale operations effectively.
Programme Duration
- June 22 to July 14, 2026
Class Size
- 30 participants
Programme Structure
Phase 1 Focus Areas:
- Sourcing for funding
- How to access funding
Phase 2 Focus Areas:
- Business growth planning
- Business validation
- Financial management
- Sustainable business practices
Target Beneficiaries
- Women entrepreneurs
- Persons with disabilities
- Green businesses
Programme Benefits
- Financial capacity training
- Digital tools and financial empowerment
- Access to low-interest funding (N500,000 to N10 million)
- Business development and advisory support
Eligibility Criteria
- Applicants must be business owners based in Ogun State
- Must be between 18 and 35 years
- Business must be registered with CAC
- Business must have recorded profit within the last three years
- Open to alumni of FATE Foundation
- Must operate a nano or micro enterprise
Application Deadline
- May 24, 2026
How to Apply
- Complete Phase 1 (LMS Course): https://bit.ly/FATE-SCFphasel
- Apply for Hybrid Training (Phase 2): https://bit.ly/RFPCohort8
Contact
- Email: futuremakers@fatefoundation.org
- Call/WhatsApp: +234 701 530 0490
