The Divisional Head, Retail Business,
Highlighting the offer's significance, Ifebogun was quoted in a statement to have said it was more than a loan, as it also involves in-depth training.
"With this package, women can now access business loans at a single-digit interest rate. They have insurance cover for the business and themselves. A particular business owner will also have the opportunity of five days of business training at
He affirmed that
"This year, we have challenged the lack of access to finances for women, with an emphasis on cheaper loan and financial literacy for women through focused training.
"With this offer, we are going beyond just giving funds and raising finance; we extended it to training and expanding the knowledge base of these women to be sure that the people we give this loan can build on it and grow," Ifebogun said.
The Executive Director, Business Support,
Team Lead, Business Process Re-Engineering,
Among the panelists at the webinar were Founder,
Reiterating the importance of building capacity and confidence, Akinsiun said women needed to be clear on expectations and standards they set for themselves.
"Avoid cultural limitations and mindsets, acknowledge your weaknesses and leverage your strengths through the help of others against all odds to rise.
"People struggle because they believe they do not have weaknesses. This breeds internal conflict and makes you feel uncomfortable and see yourself as fake."
Balogun dwelt on the significance of training, development, and financial literacy regardless of the unstable interest rate and rising inflation.
"Money is just a tool. The way you use it is what makes the difference. When you create wealth, you need to have an abundance mindset and not a scarcity mindset," she said.
Balogun added, "Take ownership of your personal finance. It is not something you can outsource. It would help if you got financial education to understand how you spend, how you budget, how you save, how to plan and invest.
"You must think about saving and not spend on frivolities. Prepare, build and develop your competence. That is how to aspire. Being perceived as difficult as a boss is not a function of gender but about workplace dynamics."
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