About

Road to Women’s Business Growth was first launched at the end of 2015 in the Nigerian cities of Lagos, Abuja and Uyo, and came to a close in October 2016. During that time, 500 women business owners completed the training programme. In addition, 100 of these women entrepreneurs also received intensive business support, including workshops, mentoring, and linkages to financial services, investment and markets.

Since taking part in the project:

  • 99% of women said they felt they had a clearer vision and direction for their business as a result of the programme
  • 92% of participants feel more confident speaking with lenders and 85% feel motivated to apply the skills they learned on reviewing and negotiating a loan agreement
  • The women’s businesses have grown, generating an annual median revenue of approximately $19,000 (an increase of 7%) – an encouraging result in the context of the country’s ongoing economic recession.

Find out about the ambitions and achievements of some of the Road to Women’s Business Growth participants in these short films.

View more results of the project

Partners

Established in 2003, the Enterprise Development Centre (EDC) is an education centre that offers business development services to micro, small and medium enterprises (MSMEs), including training, advisory services, mentoring, experts-in-residence, network meetings, and access to markets and information. EDC’s clients include the World Bank Group, International Finance Corporation (IFC), Goldman Sachs and local small and medium enterprise banks in Nigeria.

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