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FirstGem Funds for Women in MSMEs| Get N500K to N3M Loan to Support Your Business

Have you heard about the FirstGem Funds? The FirstGem Fund Scheme is FirstBank’s gender support single-digit loan for women in MSMEs, to enable them meet their working capital and asset finance needs.

Benefits of the FirstGem Loan

  • Min amount of N500, 0000 and Maximum of N3,000,000 (based on eligibility)
  • Interest Rate –  9% p.a
  • Tenor 12 – 24 months based on facility type
  • Management fee: 0.5% flat (one off)
  • Keyman Insurance: 0.5% (one-off)

RECOMMENDED– CBN Agricultural Credit Support Scheme (ACSS) Loan

  • Working Capital – To purchase raw materials or stock in trade.
  • Time/Term Loan – To purchase assets (specialized assets may be financed on exceptional basis)

SEE ALSO– How to Apply for FGN Special Intervention Fund Loan for MSMEs (

Women Owned /Led MSMEs in the following sectors

  • Food / Beverage processing & Packaging
  • Beauty and cosmetics
  • Confectionaries, Catering & Restaurants
  • Transportation (Logistics)
  • Agric/Agro-Allied (retail value chain)

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All those that are interested in this loan, should follow the steps below to successfully apply

For full details visit the official website here

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We hope this article helped you successfully apply for FirstGem Loan.

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