Nestlé Nigeria is helping rural women in Nigeria build financial security through its Empowering Rural Women in Nigeria Project, which has recently welcomed 32 women from Ikorodu as beneficiaries.
The program provides training, mentorship, and grants in the form of Nestlé products to female retailers in Nestlé Nigeria’s value chain.
The aim is to help them scale up their businesses and sustain a new level of up to three times the size of their existing businesses.
Each beneficiary receives grants valued at 300% of their monthly sales, business training, and a 3-month mentorship program.
At the induction of the thirty-two new beneficiaries in Ikorodu, Nestlé Nigeria’s Commercial Manager, Mr. Khaled Ramadan, expressed his delight at the success of the program, stating, “We are pleased with the success of the 250 beneficiaries of Nestlé Empowering Rural Women in Nigeria and are delighted by the opportunity to include 32 more today. With this addition, 282 women across five geopolitical zones of Nigeria now have a unique opportunity to scale up their businesses by 300%. We are confident that the new beneficiaries will also transform their businesses, making the best use of the support Nestlé is providing through training, mentorship, and grants in the form of Nestlé products.”
The program has already had a significant impact on the beneficiaries, with over 80% of them reporting an increase of 100% to 200% in their business growth within three months of joining the program.
One of the beneficiaries, Blessing Abayi, a single mother from Bauchi, was struggling to pay her children’s school fees.
Source : Okay