Access Bank Plc has launched a “YouThrive” initiative to empower 700,000 youth owned Micro, Small, and Medium-scale Enterprises (MSMEs) in Nigeria with N50 billion in loans. The program aims to provide training to enhance capacity and support entrepreneurship among youth aged 21 to 40.
Led by Deputy Managing Director Victor Etuokwu, Access Bank plans to empower 4 million youth over four years, focusing on technology, creatives, and business management.
Head of Emerging Businesses, Chioma Ogwo, emphasised the initiative’s goal to create employment opportunities and exchange programs for beneficiaries.
Senior Special Assistant to the President on Job Creation and MSMEs, Temitola Adekunle-Johnson, praised Access Bank’s effort to address access to affordable loans for small businesses and urged other financial institutions to support the SME sector.
Access Bank’s “YouThrive” initiative aligns with the government’s aim to provide single-digit loans for MSMEs and contribute to job creation and economic growth in Nigeria.
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