Bank of Industry (BOI) GLOW Loan for Women Entrepreneurs — Get Up to ₦50 Million in Funding ( 2025)
The Bank of Industry (BOI) has unveiled the Guaranteed Loans for Women (GLOW) — a powerful funding program designed to empower women entrepreneurs and women-led businesses across Nigeria with up to ₦50 million in financial support.
This initiative directly targets the gender financing gap, helping women access loans, mentorship, and business development resources without the usual barriers that stop many from scaling their businesses.
💡 What Is the BOI GLOW Fund?
The GLOW Fund is a guaranteed loan scheme that provides accessible, low-interest financing for women who own or lead registered enterprises in Nigeria.
The program supports women across diverse sectors such as:
- Agriculture
- Manufacturing
- Retail and trade
- Fashion and beauty
- ICT and technology
- Services and education
Through GLOW, BOI is driving financial inclusion, promoting gender equity, and empowering women to build thriving, job-creating businesses.
🎯 Key Objectives of the GLOW Initiative
The GLOW programme aims to:
- Break down barriers to credit access for women.
- Support business expansion and sustainability among female-led MSMEs.
- Promote inclusive economic growth across Nigeria.
- Strengthen women’s participation in the formal business ecosystem.
💰 Benefits of the BOI GLOW Loan
Female entrepreneurs who qualify for the GLOW Fund will enjoy:
- Loans up to ₦50 million for business expansion.
- Reduced collateral requirements through BOI’s guarantee structure.
- Mentorship and advisory support under BOI’s inclusive finance framework.
- Increased visibility and networking opportunities in Nigeria’s MSME ecosystem.
👩💼 Eligibility Criteria — Who Can Apply?
To be eligible for the BOI GLOW Loan, applicants must:
- Be a woman entrepreneur or lead a women-owned registered business in Nigeria.
- Operate a business with demonstrated potential for sustainability and growth.
- Provide verifiable business documentation, such as CAC certificate and business plan.
- Agree to use the funds strictly for business expansion purposes.
🧾 How to Prepare Before Applying
To improve your chances of approval, ensure the following steps are completed before applying:
- ✅ Register Your Business:
Ensure your business is officially registered with the Corporate Affairs Commission (CAC). - 📊 Prepare a Solid Business Plan:
Include financial projections, target markets, and clear growth strategies. - 📄 Organize Your Documents:
Gather your CAC certificate, bank statements, tax ID (TIN), and proof of address. - 💬 Be Ready for Evaluation:
BOI often reviews business sustainability, repayment capacity, and management strength. - 🕐 Apply Early:
Early applications are often prioritized before deadlines approach.
📝 Application Details
- Programme Name: Guaranteed Loans for Women (GLOW)
- Organizer: Bank of Industry (BOI), Nigeria
- Funding Type: Guaranteed / Concessionary Loan
- Target Group: Women-owned and women-led businesses
- Maximum Amount: Up to ₦50 million
- Application Status: Open
- Deadline: Not specified (apply as soon as possible)
🚀 How to Apply for the BOI GLOW Fund
Apply through the official BOI website below:
👉 Apply Now on BOI Portal
Before submitting:
- Ensure all your business information is accurate.
- Upload all required supporting documents.
📞 Contact & Support
For more details or assistance:
- Visit the BOI website: www.boi.ng
- Contact the BOI Helpdesk via the official support page.
🌍 Why the BOI GLOW Fund Matters
Women make up a large portion of Nigeria’s entrepreneurial ecosystem but face limited access to funding.
The BOI GLOW Fund is a game-changer — breaking financial barriers, supporting innovation, and helping women entrepreneurs achieve long-term business success.
If you’re a woman business owner ready to grow and scale your venture, this is your opportunity to secure the funding you deserve
- BOI GLOW Loan
- Bank of Industry Loan for Women
- Women Entrepreneurs Loan Nigeria
- BOI Loan 2025
- MSME Funding for Women
- GLOW Fund Nigeria
