How to Apply for 500k to N3 Million FirstGem Loan

How to Apply for 500k to N3 Million FirstGem Loan

 

FirstGem Loan application portal is open for new registration, applicants can apply up to 500k or N3 million-naira, hurry now and apply if you haven’t done so.

 

Can non-FirstBank customers access the loan facility?

Yes, on provision of their 12-month business account statement from another bank and opening of a Gem Business account.

 

What is 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.

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Minimum and maximum accessible loan amount

Minimum of N500,000, maximum of N3M.

 

Qualify businesses that can apply for the FirstGem Fund Scheme

MSMEs in the following approved sectors:

Food / Beverage processing & Packaging

Confectionaries, Catering & Restaurants

Transportation (Logistics)

Beauty/cosmetic products

Agric/Agro Allied (retail / food value chain)

 

Customers that are eligible to access the FirstGem Fund

All women owned and led MSMEs with at least 51% female ownership in the approved sectors.

Must the business be registered?

Yes, eligible businesses must be registered with CAC.

 

Can a customer in FMCG or Fashion industry access the FirstGem fund?

No. The eligible sectors are;

Food / Beverage Processing & Packaging

Confectionaries, Catering & Restaurants

Transportation –Logistics

Beauty/cosmetic products

Agric/Agro Allied retail / food value chain)

 

How can one apply for this loan?

Download the loan application form and visit your branch or any of our branches nationwide to submit and initiate your loan.

 

For more information about this loan, go to First Bank Nigeria FirstGem Loan page.

 

For questions and enquiries, drop your comments below, using the comment section.

 

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FirstGem Loan Fund Scheme